Aark Digital logo

Aark Digital (AARK)

Status
IDO

Aark is a 1000x perpetual DEX set to revolutionize the DeFi space by leveraging LRT assets to bolster liquidity for perpetual traders. Aark Digital allows any ‘whitelisted’ asset to be used as collateral for perpetual contract transactions, and any profit or loss generated will be denominated in US dollars.

Seed Round: $6 Million

Aark Digital White Paper Whitepaper

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Interest lvl
Medium
Learn more about our rating
User Rating
Medium
3/5 1 votes
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Ticker
AARK
Type
Utility-token
Token standard
ERC-20
Registration year2023
Launchpads

What is Aark Digital

Aark Digital is the first-of-its-kind Leverage Everything Perpetual DEX for professional traders/LPs on Arbitrum. Our vision is to find the right formula to incorporate the best of DEX and CEXs. At its end, Aark will bring all onchain assets into a single liquidity pool to provide an unprecedented leverage experience.

Within the Aark ecosystem, LPs deposit capital to create a pool that traders can interact with while earning fees. When traders open a position, the liquidity pool automatically takes the opposite position without exception, thus the traders executing trades against the liquidity pool. MM(Market Makers) remove risk from LPs by exploiting arbitrage opportunities.

Unlike other platforms that cap their Open Interest to TVL(Total Value Locked) ratio below 1:1, Aark can scale over ten times the OI relative to its TVL. This advantage results in substantially higher returns for LPs and nurtures a positive feedback loop that attracts more LPs and traders.

Aark Digital Roadmap

1
Q4 2023 - Q1 2024
  • Early Bird ALP Season 2
  • TP/SL Orders
  • Token Mining
  • Stats Page
  • Rehypothecation in ALP
  • Spot Trading
  • Exotic Trading Pairs
  • Mobile Trading
  • Customized In-app Chats

Token Sale Dates

IDO

Start date: May 31, 2024
End date: Jun 10, 2024

Token Allocation

Total Token Supply 1,000,000,000 AARK

Funding Details

Funds Raised (as of now) 6,000,000 USD

Token distribution


Genesis Incentives - 7.2%
Community Rewards - 29.4%
Early Investors - 22.1%
Team - 20%
Ecosystem - 15%
Public Sale - 1%
Core Contributors - 3.4%
Advisors - 1.9%

Token Price and Payment Options

Token price USD 1 AARK = 0.035 USD

Project team

Eden
Eden
Founder
Eden x-team

Social media

MVP

Industries

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