DeFi Abstraction Token
Arken Token: Abstracting the Complexities of dApps, Protocols, Liquidity, and Value.
Arken Token
There are millions of tokens in DeFi right now, each with different mechanics and incentives. This creates lots of overhead for users to decide. The Arken token will be utilized across many products in Arken ecosystem to abstract this complexity away.
The Arken token we collect as a fee will be cycled to support the growth of our users and the development of products, creating multiple virtuous cycles.
UTILITY
Token Utility
Arken Trading Portal
Trading Fee for Arken Trading Portal
Arken Protocols & API
Protocols & API Access Fee
Arken Fund
Fee for Fund Management Platform
Please stay tune for the launch information
INCENTIVES
Incentives
Arken Token will also be utilized as incentives & rewards to our users and community.
To minimize the deflation of our tokens, we invented Arken Options as a primary instrument for incentive.
ArkenSOON
Easing Impermanent Loss with Arken Options
Instead of traditional farming rewards, Arken will use Arken Options, a tradable NFT that works as a Call Option as an incentive for liquidity providers and other usages in our ecosystem. This approach will stabilize the token price, limit rapid dumping, and incentivize users to stay on the platform.
For our liquidity pools, Arken Options as incentive will help combat Impermanent Loss when the token price grows high.
HOW TO
How to Participate
Arken Token
Arken token will be used across multiple protocols and services in and around Arken Ecosystem. We are releasing an initial batch of Arken token to help users abstract the complexity of DeFi.
Provide Liquidity
To make Arken Token able to support the growing of our protocols and applications, we need help expanding the liquidity of Arken Token. Unlike the hyper-inflated farming mechanics, Arken's Liquidity Providers will receive Arken Options we pioneered.
To be announced soon
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Spread the words!
Help support the movement and bring DeFi to more people. Tweet and share your thoughts on Arken or give us your ideas. Every feedback will be read and curate by our team to help shape us get closer to our mission.
