Token allocation
Overview (100M $ARC)
Initial Given 20%
Initial liquidity pool with Aurora 6%
Liquidity mining emission 54%
Developer team 6%
Core contributors 8%
Proximity Lab in representation 6%
Type: Locked veNFTs
Quantity: 6M $ARC in the form of $veARC
Mechanism: $ARC locked in $veARC for 4 years
Target: Aurora Ecosystem Protocols
Quantity: 6M $ARC/$veARC
Target: TBD
Type: Locked veNFTs
Quantity: 8M $ARC in the form of $veARC
Mechanism: Locked time based on future partnership
Target: Aurora Ecosystem DAO
Establishing a Genesis Pool to emit $ARC to a few key pairs (i.e. ARC-AURORA, ARC-USN and ARC-NEAR)
-Distributed in 108 epochs (0.5M $ARC/epoch), and every epoch lasts for 2 weeks, $veARC holders could vote for the specific trading pool to direct $ARC emission and enjoy anti-inflation rebase rewards.
-Anti-inflation for $veARC voter: voted $veARC will get direct $ARC rebase rewards Rebase amount =0.5voted.$veARC (Emission/$ARC Total Supply) LP emission = Total emission - Rebase amount
-In each epoch, LP emission will be distributed to different trading pools based on the $veARC voting amount
Type: Locked veNFT
Quantity: 6M $ARC in the form of $veARC
Mechanism: Linearly vesting
Type: Locked veNFT
Quantity: 8M $ARC in the form of $veARC
Mechanism: Linearly vesting
Type: Locked veNFT
Quantity: 6M $ARC in the form of $veARC
Mechanism: $ARC locked in $veARC for 4 years.