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The key to DAO governance: $veARC token
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$ARC — ERC-20 utility token of the protocol.
$ARC is Arctic‘s utility token and is used to reward liquidity providers through emissions. Liquidity providers will get 50% trading fees and $ARC emission rewards.
Total Supply: 100M
$veARC — ERC-721 governance token in the form of an NFT (non-fungible token).
$veARC is Arctic’s veNFT token for DAO governance and Emission voting. Any $ARC holder can vote-escrow their tokens and receive a $veARC (also known as veNFT) in exchange.
Liquidity Incentive Models
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