 | Aark Digital (AARK)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 IMPORTANT: By investing in this business you agree to ourDisclaimer. All information including our rating, is provided merely for informational purposes. CryptoTotem does not provide investment advice. |
Overview
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OpenWhat 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.
DetailsIDO (Ape Terminal Launchpad): May 31, 2024 - Jun 10, 2024Token supply: 1,000,000,000 AARK Raised: 6,000,000 USD LegalBlockchain Platform: ArbitrumRegistration year: 2023 | Token infoTicker: AARKType: Utility-token Token standard: ERC-20 Token price in USD: 1 AARK = 0.035 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% |
Aark Digital Roadmap
- 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
Project team
Social media
MVP
