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WebsiteApe Terminal Launchpad

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

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Overview

Project industryExchanges & Wallets
Product typeDeFi
WhitepaperAark Digital White Paper Open

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.

Details

IDO (Ape Terminal Launchpad): May 31, 2024 - Jun 10, 2024
Token supply: 1,000,000,000 AARK
Raised: 6,000,000 USD

Legal

Blockchain Platform: Arbitrum
Registration year: 2023

Token info

Ticker: AARK
Type: 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

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

Project team

Eden
Eden
Founder
Eden twitter

Social media

Aark Digital web-siteAark Digital MediumAark Digital TelegramAark Digital X (Twitter)Aark Digital Discord

MVP

MVP URL

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