📌 Don’t panic! You’re not banned, you are just muted for portions of the CryptoNite Club x Arc finance AMA Session

⚠️Total Reward pool: 100$

⚠️Requirements

👉 Follow — https://twitter.com/Arc__Finance , https://twitter.com/Cryptonite_club

👉 Join group — @ArcFinance_global , https://discord.gg/SZex7JYkqe

🌐 https://arcdex.io

📆 — December 18th 2021

– 02:00 PM UTC

📍– @Cryptonite_club

We will have the following structure:

Part 1️⃣: $10/5 users — We’ll select 5 questions from the community. A user can post maximum 3 questions. please submit your questions in the comments section of following post.

👉 Post link — https://twitter.com/Cryptonite_club/status/1470987918076522497?s=20

Part 2️⃣: $10/5 users — Open chat for 180 seconds. You can post Max 3 questions. Arc finance Team will select 10 questions and answer them.

Mr Baron — We are pleased to announce AMA with ARC Finance ! Let’s start the event!

I’d like to introduce today’s guest Ms.@Bella_iii

).

[Bella_iii]- Hello Mr. Baron and Cryptonite friends!

Mr Baron — Nice to meet you!

[Bella_iii]- Pleasure to be here

Mr Baron — How are you doing?

[Bella_iii]- Fine and busy

Mr Baron — Hey! Let’s start the event!

[Bella_iii]- Sure, let’s go

Mr Baron — Let’s start! Introduce yourself, please. How did you get to be involved in crypto & Arc Finance Tell us please about your position in Arc Finance?

[Bella_iii]- Sure, pleasure to share with Cryptonite friends. My name is Bella, I’ve been stepping into the crypto field since 2017, and now I’m serving as the Marketing Director for Arc Finance.

Mr Baron — please tell us a bit about yourself and a brief intro about the project please😁.

[Bella_iii]- Before joining this amazing Arc Finance team, I’ve been working on a lot of interesting crypto projects, CEX and DEX, with so much great experience.

I’ve had the pleasure of getting the opportunity to join and work with the Arc Finance team since April of this year.

There are already a lot of DEXs in the market nowadays, but very few of them really have their own innovative value, while Arc Finance is committed to achieve the purpose of ‘Trade to Earn — Get Liquidity Premium’, with the orientation of ‘DeFi 2.0 Liquidity As A Service Underlying Economic Infrastructure’

The features of AUM (automatic unlock mining), LPP(liquidity premium pooling) mining, as well as the feature of LaaS are fantastic, which also allow users to get a higher return!

These are reasons why I decided to join the team.

Mr Baron — Please tell us about the team of like-minded people who help build the project? Who is at the core of the team?

[Bella_iii]- Yeah, Currently we have around 50 team members working collaboratively and globally in multiple cities around the world.

It’s anonymous currently, not the best time to announce more info about the team, but all with good experience in the crypto industry and financial background.

Mr Baron — How long does it take to develop a project? What plans do you have for the future? And what can we expect from Arc Finance ?

[Bella_iii]- We started the project in April of this year, and now it’s been around 8 months since we started developing the project.

Now the Alpha testing is to go live and it’s time for us to promote our ‘artwork’ — Arc Finance to the market, to allow more people to learn about the innovative DEX.

Besides, we are planning the Christmas & New Year event now, which may be public to participants within days. People who are interested in Arc Finance are welcome to follow us to stay tuned for the good news, and participate in the amazing activity.

Website: https://arcdex.io

TG Chat: https://t.me/ArcFinance_global

Discord: https://discord.gg/wbe6B4GrPv

Twitter:https://twitter.com/Arc__Finance

Medium: https://medium.com/@arc_finance

TG Announcement: https://t.me/ArcFinance_announce

Mr Baron — Thanks for the great introduction, we have several questions which were selected for the 1st part. Ready to start?

[Bella_iii]- Fantastic, let’s move to it

___________________________________________________________________

Q1 -@kikiMD14

Right now, where can I purchase your tokens? What is your current contract, and how can I purchase it? “Will you have any more DeFI features in the future, such as staking, yield farm, or NFT? — Could you tell me a little bit about your road map?”

A1 — Currently, there’s no way to buy ARC yet.

We’ll launch the Alpha test in a few days, accompanied with the whitelist program open, and we sincerely invite people who love our project to witness the official launch of this project.

The contract will be public approximately by the end of this month.

As a DEX, yes there are several DeFi features integrated, such as the NFT system you mentioned, and other DeFi features detailed as NFT bond, StakingNFT Options, Binary options, perpetual contract, leveraged trading, ect.

Let me share the roadmap:

  • Q4/2021

Launch Web V1.0

Realize DEX trading

Release White paper V1

Achieve AUM Mechanism

  • Q1/2022

Realize cross-chain ecology, including BSC/ETH/SOL

Launch the NFT system

Launch the IDO system

  • Q2/2022

Establish DAO Community V 1.0

Launch the lending system

Get cross-chain bridge 2.0 fully up and running

  • Q3/2022

Launch the option system

Deploy Layer 2 network

Launch the margin trading system

  • Q4/2022

Upgrade DEX V2.0

Launch the contract system

Launch data billboards

  • Q1 /2023

Launch the target investment system

Launch the crowdfunding system

Launch the decentralized wallet system

Also roadmap infographic for you

roadmap

Mr Baron — Thank you very much for your answers and clarifications! ready to proceed to the next question?

________________________________________________________________________

Q2 — @PelageiaZeleni1

What does ArcFinance think about solving issues that the DeFi ecosystem still can’t solve? Can people and machines trade every day through smart devices that use digital currencies?

A2 — There are many defects of DeFi1.0 and still insufficient reform of DeFi2.0, let’s take a look:

– In DeFi1.0, the pump and dump mode in which fund allocation is determined simply by the income is likely to form a predatory effect among early-stage funds. When ordinary users get involved, they have to 1 pay for the bills for these whales.

– In DeFi2.0, there are few projects focusing on liquidity value for the construction of economic infrastructure. Most of them choose to set up simple incentives and capital deployment incentives based on conventional market liquidity, all of which have a passive market approach for liquidity value provision rather than proactively providing positive behavior for capital liquidity.

Given these defects, Arc Finance innovates and works with goals of becoming the economic infrastructure of DeFi 2.0 in which projects can release their potential and help users to get more benefits in swaps, as well as expanding the economic cycle and improving capital efficiency.

Vision of Arc Finance:

– Building DeFi 2.0 economic infrastructure and provide the best liquidity as a service (LaaS) for the market.

– Solving the drawbacks characterized DeFi’s current pump and dump mode and encouraging positive transactions, improving asset efficiency, and capturing the liquidity premium value.

– Reshaping the DeFi tokenomics, and creating a financial service platform for users with convenient transactions and multiple portofolio incentive mechanisms.

As we are to launch the Alpha testing, so for more detailed features about trading and swap, please follow us for more updates

Website: https://arcdex.io

TG Chat: https://t.me/ArcFinance_global

Discord: https://discord.gg/wbe6B4GrPv

Twitter:https://twitter.com/Arc__Finance

Medium: https://medium.com/@arc_finance

TG Announcement: https://t.me/ArcFinance_announce

Mr Baron — Thanks for those interesting details, clear answers are very appreciated for our community. Now is time to proceed with the next question🥳

________________________________________________________________________

Q3 — @BenliBenli12

What innovations has ArcFinance brought to the DEFI space? How is ArcFinance changing the new DeFi ecosystem and what are the plans for the next few years?

A3 — As for the most featured characteristic about Arc Finance, let’s say it’s the technical innovation of the AUM mechanism.

AUM stands for automatic unlocking mining. The algorithm automatically adjusts the speed of r-Tokens unlocking, so that users can get higher APY benefits at the same cost.

The project Token deposited by a user into a third party is minted at a ratio of 1:1 into r-Tokens, which needs to be unlocked to become a freely circulating Token. The AUM algorithm is a simple and direct new algorithm that adopts the user’s transaction activity as the benchmark to unlock and release the locked r-Tokens.

The basic rule is that the more frequent the transaction, the more r-Tokens can be unlocked. Meanwhile, in the transaction process, additional platform tokens will be given by the platform to reward users for their positive behaviors on the platform.

Let’s compare the traditional AMM and our AUM:

AMM & AUM Infographic

AUM mechanism is supported by four technologies:

1) Timelock Mechanism

Timelock Mechanism is a piece of code that is used to lock up certain functions of a smart contract, so that a time period can be set for the realization of the function. In the blockchain, the function of transferring funds from the contract is usually locked by a timelock.

2) Heterogeneous Framework: A Multi-chain Network

The heterogeneous sharding function can realize the application scenarios that simultaneously support multi-chain, cross-chain, and asset interaction.

All proposals will eventually be decided by public voting. In the public voting, the result is determined by >50% of the voted tokens.

3) PBFT, the PoH optimized version of BFT.

BFT is a method of mitigating malign behaviors in distributed systems.

Tower BFT can ensure the correct operation and profit distribution of community nodes in Arc Finance that have heterogeneous multi-chains, as well as the smoothness of system judgment. The schedule of the “community node timetable” must be calculated early before the nodes it allocates so that the ledger status it uses to calculate the schedule can be finalized.

4) he Wormhole protocol

The Wormhole protocol is a bridge that links Ethereum exclusively. It supports ETH and ERC-20 tokens. It helps users to access the Ethereum ecosystem more efficiently and quickly, making it easier for ETH holders to participate in the Arc Finance platform.

For more about the AUM, please read our whitepaper

Whitepaper

https://drive.google.com/file/d/1be_A6KrhFPILrKDqss-89qFTa_5mFhcZ/view?usp=sharing

Mr Baron — Thanks for your great answers! Ready for the next question?

[Bella_iii]- yes ! Let’s Go

________________________________________________________________________

Q4 — @AlexHuk7

Do you have a Token Burning plan to increase Token value and attract Investors to invest?

A4 — The purpose of token burning is in fact for deflation to promote the value of token, as well as guaranteeing a sound ecosystem. So of course we have a strong burning mechanism.

We regularly repurchase tokens and put them into its future mining pool. The whole process is open and transparent and can be checked on the blockchain.

  1. 20% of the tax refund will be used to repurchase tokens, and the repurchased tokens will be burned.
  2. 50% of the transaction fee is used to repurchase tokens. The repurchased tokens will be put into the mining pool for circulation.
  3. 30% of the tokens raised by the IDO are used for deflation burn.

Besides, the AUM tax rebate mechanism also involves burning that the 3% of swap fee rebates Arc Finance charges for the premium pool is allocated as follows:

– 20% is used to repurchase and burn the platform tokens.

– 16.67% is used as dividends to reward users holding the platform token.

– 13.33% is used as referral rewards to veteran users.

– 50% is put into the LP pool freely to guarantee a benign ecocycling.

Mr Baron — Thanks, guys for the detailed information and answers . Ready for the next question?

________________________________________________________________________

Q5 — @BurayaCrypto

Do the token holders have the right to participate in the governance of the project? What kind of decisions can they vote on about the project?

A5 — Absolutely, that’s the DAO of Arc Finance.

In Arc Finance, the platform ecology requires the participation of the community to balance user profitability, transaction fee distribution and other revenue mechanisms as the community develops. Among them, in the governance of heterogeneous sharding, DAO governance is needed to manage and propose newly listed tokens.

We adopt a parliamentary voting method. The community node can be the initiator of the proposal, and any user can stake LP vouchers as the DAO voting right.

When the community nodes satisfy the basic LP staking amount, they are qualified to participate in the election of community nodes.

In addition to the LP staking income, the community nodes participating in the verification will also receive the main transaction dividends of all project tokens as an incentive.

The voting weight of each user is proportional to the number of LP staking vouchers they hold, and 1 LP staking voucher will get 1 vote.

According to the number of LP staking vouchers, users can receive a small amount of the dividends from the transaction of all project tokens as an additional reward for participating in the governance of the platform.

Mr Baron — Thank you very much for sharing. Now get ready for the most emotional part of our AMA — live questions!!!

Dear community, we will open the chat soon. Please prepare your questions.

Arc Finance guests will select 5 of them.

⚠️ Please remember the rules.

🚨Only genuine questions will be rewarded. Copied questions will be disqualified

🚨For Part 2 of the AMA, every user will be allowed to post a maximum of 3 questions.

🚨One message should contain a maximum of 1 question.

Thank you for understanding and good luck!😉

So many Questions Thank you, Everyone!!!

Ms.@Bella_iii please choose the 5 best questions and answer them😊

[Bella_iii]- So much enthusiastic community❤️

@Chinthaka93 — Could you please explain more about r-Tokens? Is it the governance token? What are the advantages of holding r-Tokens? @Bella_ii

[Bella_iii]-r-token is a type of assets that you can min on Arc Finance platform, and the details will be public as the Alpha test is to go live and the ptoduct to be launched, just follow us for the updates

Benefits of holding ARC

1) Get dividends rewards of ARC token.

2) Get early access to new features such as IDO

3) Enjoy higher unlock speed of the Unlocking Mining.

4) Priority participation in the NFT staking program

@Albapenn — Who is your project’s biggest rival? In the future, does your project have a plan to beat your rival or cooperate with them? I think that will be a huge step forward for your project.

[Bella_iii]-

Yes, that’s a basic feature, for more, pls refer to the infographic

@ReginaldRucker — How can I buy this tokens? Is it available on any exchange?

[Bella_iii]- ARC use case and how to get ARC token?

1) Use case of ARC:

– Buy NFT with ARC

– Single token unlock for third party tokens

– LP unlock for third party tokens

– ARC as the Voucher to participate in IDO

2) How to get ARC:

– Buy ARC directly by swap

– Participate our airdrops

– Become the early contributors

ARC token IDO is expected to go live in January 2022, just follow and stay tuned for more😉

@Noname20005 — Q2 — Is there going to be a token burn?@Bella_iii

[Bella_iii]- We regularly repurchase tokens and put them into its future mining pool. The whole process is open and transparent and can be checked on the blockchain.

20% of the tax refund will be used to repurchase tokens, and the repurchased tokens will be burned.

50% of the transaction fee is used to repurchase tokens. The repurchased tokens will be put into the mining pool for circulation.

30% of the tokens raised by the IDO are used for deflation burn.

Besides, the AUM tax rebate mechanism also involves burning that the 3% of swap fee rebates Arc Finance charges for the premium pool is allocated as follows:

– 20% is used to repurchase and burn the platform tokens.

– 16.67% is used as dividends to reward users holding the platform token.

– 13.33% is used as referral rewards to veteran users.

  • 50% is put into the LP pool freely to guarantee a benign ecocycling.

@Pritchardsa — Do you have tutorial videos so we can get to know your project more clearly or do you have a YouTube channel or something? can you share it with us?have a YouTube channel or something? can you share it with us?

[Bella_iii]- Under preparation now, pls follow us for more

Website: https://arcdex.io

TG Chat: https://t.me/ArcFinance_global

Discord: https://discord.gg/wbe6B4GrPv

Twitter:https://twitter.com/Arc__Finance

Medium: https://medium.com/@arc_finance

TG Announcement: https://t.me/ArcFinance_announce

Whitepaper: https://drive.google.com/file/d/1be_A6KrhFPILrKDqss-89qFTa_5mFhcZ/view?usp=sharing

Thank you very much for your answers and your time! it was an amazing AMA!

[Bella_iii]- you are doing a very beautiful and high-quality project! we are honored to have you here today.

We are to launch the Christmas & New year creation event, if you are interested to Arc Finance, welcome to participate it to make your creations of meme icons, videos, articles..etc

We’ll reward the good creations❤️

Top