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Archi Finance is a composable leveraged yield farming protocol on Arbitrum. It has two sides: passive liquidity providers who earn low-risk interest by supplying single-asset liquidity, and degen farmers who borrow those assets to achieve a higher APY.
Archi token (ARCHI) is used to measure the number of shares of Archi Finance. Holding Archi token makes one a shareholder of Archi Finance. The total amount of Archi tokens is fixed and cannot be minted within the platform.
Use cases of Archi token (ARCHI): - By locking $archi into $vlarchi tokens, users receive: 1. Share of protocol fees 2. Governance rights on Archi DAO - By providing archi-eth liquidity pair, users receive: 1. Share of fees from Liquidity provider incentive pool 2. Share of trading fees in uni-v3.
How Many Archi tokens (ARCHI) Are There in Circulation? ARCHI Protocol launched its mainnet on April 8th, 2023, with 10 million ARCHI tokens created. The total amount of Archi tokens is fixed and cannot be minted within the platform. Among them, 30% are allocated to IDO participants (claim instantly), 10% to the team (permanently locked in vlarchi contract), 10% to advisors (2-year linear vesting), 10% to Archi Treasury, 30% to archi-eth pair liquidity provider incentive pool (permanently locked in vlarchi contract), 2% to Airdrop, and 8% to permanent liquidity.
Where Can I Buy Archi token (ARCHI)? ARCHI is available for trading on a growing number of AMM and exchanges, with Uni-v3 pairs currently available on the Arbitrum chain.
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