💎Arcas Token
ARCAS is the Governance and Revenue Share token of the Ecosystem. It secures the ARCAS DAO Treasury which collects revenue share from operations and approves yield changes for Revenue sharing. Through our Compete and Earn framework, the token also has unique deflationary mechanics which over time lock tokens inside Player owned NFTs, creating a gradual Power to the Players deflationary mechanism which transfers Revenue Share and Governance power permanently over to Players.
Current Tokenomics
The Arcas token can be found here on bscscan
Contract Address: 0xAd0926eCf31719263DC86426024794332d9dD9A3
The total supply is 99,433,158 ARCAS as 566,842 tokens have been burnt/lost.
Transparency Report - 28 April 2024
Circulating Supply ≈ 55%
Team Treasury - 25,314,280 ≈ 25%
These tokens are to be utilised for the onboarding of team/advisors, fundraising, marketing and ecosystem incentives. The tokens are secured under a 5/6 multisig operated by team members distributed across 5 different countries.
Founder Tokens - 10,000,000 ≈ 10%
The tokens are secured by a decentralised multisig and will not be sold on the market. They will be staked by the founder (Daniel Fong) to earn dividend from the revenues and operations of the organisation.
Team & Advisory Vesting - 8,689,361 ≈ 8.7%
These tokens have been vested for team members, advisors and a small pool of investors from the 1 Dec 2023 - 1 Dec 2024 unlocking linearly. The majority of these tokens will be staked for dividend earning and governance within the DAO.
Pancakeswap V3 Liquidity - 6,432,000 ≈ 6.5%
These tokens are paired in liquidity with BNB and stored in a UNCX Liquidity Locker. The liquidity lock is secured by the 5/6 team multisig which also secures the treasury.
*Please note, the bottom prices shown on Coinmarketcap and Coingecko are incorrect due to it not factoring the token and liquidity migration. The lowest price for ARCAS is 0.0124c from July 2021. The token migrated on the 1st of October 2023 at around 0.018c.
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