🪙Tokenomics
ARC is Arcadeum's base utility token.
ARC has a fixed supply and no more ARC can ever be minted.
While ARC can be bridged to other chains, all features are currently available on Arbitrum.
sARC
sARC (Staked ARC) is a staked variant of ARC that accrues a cut of protocol revenue.
ARC and sARC are mutually exchangeable at a one-to-one ratio.
ARC can be staked for sARC at any time, and sARC can be unstaked for ARC at any time.
There are no fees, cooldowns, or lock periods.
xARC
xARC (Burnt ARC) is another derivative of ARC that accrues a larger cut of protocol revenue.
ARC is exchangeable for xARC at a one-to-one ratio, with no fees or limits.
However, unlike sARC, the underlying tokens are burnt when ARC is converted to xARC.
This means that xARC can't be converted back into ARC, which is its more liquid counterpart.
esARC
esARC (Escrowed ARC), as the name suggests, is an escrowed wrapper around ARC that accrues a slice of protocol revenue.
While not immediately redeemable, every esARC token is backed by one ARC token.
esARC can be unvested into ARC, but it takes exactly one year to unvest. During this vesting period, no protocol revenue will be accrued.
Note: Unvesting more esARC before the current vesting period expires resets the clock.
Staking
Stakers enjoy 100% of revenue accrued from the following three yield sources:
ALP deposit fees
ALP withdrawal fees
Betting fees (20% of betting fees will go to the user's referrer, if they have one set)
The fee split breakdown for each token is as follows:
xARC: 70%
sARC: 15%
esARC: 15%
ARC Supply
Arcadeum has a fixed maximum supply of 10,000,000 ARC tokens. More can never be minted.
3,500,000 ARC is allocated to the initial Arbitrum Uniswap V3 pool liquidity
2,000,000 ARC is allocated to esARC incentives.
2,000,000 ARC is allocated to a pre-seed round of vetted influencers & angel investors.
2,000,000 ARC is allocated to a seed round of vetted influencers & angel investors.
500,000 ARC is allocated to funding partnership opportunities.
All seed round tokens and pre-seed round tokens are now unlocked and circulating.
The vesting schedule ended on March 3rd, 2023.
Bridging
If/when Arcadeum releases on other Ethereum Virtual Machine compatible blockchains, plans to integrate the ARC token with a bridge such as Synapse will follow.
Regardless of how many blockchains Arcadeum launches on, dilution of existing holders can never occur.
Liquidity
At this time, there is no official pool or guaranteed DEX liquidity for the following tokens:
sARC
xARC
esARC
ALP
However, anyone may create a DEX pool that pairs any of the above assets with another token, such as WETH.
Every above token, excluding xARC, is redeemable for its underlying tokens in other ways.
The ARC token has an official Uniswap V3 pool on Arbitrum One.
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