![]() Launchpad Detailed Allocation Calculation and BNB Deduction Rules To learn more about Arkham (ARKM), read Binance Research's in-depth report here. Once deducted, your ARKM and BNB tokens will both be transferred to your spot wallet. Please note that once committed, your BNB will be locked and you will not be able to redeem or access any other functions such as transfers, withdrawals or trading until final token distribution.Ĭalculation Period 06:00 (UTC) to 07:00 (UTC): Subscription closes and token allocation calculation begins.įinal Token Distribution 07:00 (UTC): Your final token allocation will be calculated and the corresponding BNB will be deducted from your already-locked BNB amount. Users must also sign the Token Purchase Agreement at the same time, prior to committing their BNB. Subscription Period 06:00 (UTC) to 06:00 (UTC): Subscription will open at this time for all eligible users for a twenty four-hour period. Your final average daily BNB balance over these six days will determine the maximum amount of BNB that you can commit later on. Preparation Period 00:00 (UTC) to 00:00 (UTC): During this period, user BNB balances will be calculated in hourly snapshots for each day over a six-day period. Public Sale Token Price: 1 ARKM = 0.05 USD (price in BNB will be determined prior to subscription) Total Tokens Allocated to Binance Launchpad: 50,000,000 ARKM (5% of Total Token Supply) The final BNB holding amount for each user will be determined as the average of the six days, using the Daily Average BNB Balance calculation previously announced here. ![]() The token sale for Arkham will follow the Launchpad subscription format, with the recording of user BNB balances starting at 00:00 (UTC).īinance will record user BNB balances for six days from 00:00 (UTC) to 00:00 (UTC). A set of decentralized nodes validates transactions and secures the Ethereum blockchain.Binance is excited to announce the 32nd project on Binance Launchpad - Arkham(ARKM) (The webpage is estimated to be available in 4 hours). It is secured by a proof-of-stake consensus mechanism that requires validators to stake 32 ETH. Ethereum is one of the most popular blockchains and the go-to solution for many decentralized applications and exchanges to launch on. Beta Finance has been audited by OpenZeppelin and PeckShield.ĮRC-20 is a token standard most new tokens follow when publishing on the Ethereum blockchain. Any movement of funds requires the approval of at least 3 out of the 5 executives and advisors of Beta Finance. Beta Finance will launch a bug bounty campaign for white hatsįurthermore, funds are stored with cold storage multi-signature wallets and USD bank accounts.It will incorporate real-time monitoring services.The platform will request external reviews from leading security researchers.Beta Finance continuously conducts internal code reviews.The security framework consists of four major pillars: The isolated collateral model means tighter fund security for users, meaning assets are safe even if Beta has a market with a compromised asset.īETA is an ERC-20 token on Ethereum and BEP-20 token on BSC. The most volatile assets like meme coins only have a 20% LTV. Safe assets like stablecoins have a loan-to-value ratio of 75%, while more volatile assets only have a 50% ratio. Collaterals are subject to various collateral factors: stablecoins have a collateral factor of 90%, while ETH has a collateral factor of 80%.Īssets are subject to different asset tiers. Initially, Beta Finance supports ETH, USDC, USDT and DAI as valid collateral, with the community able to propose and vote for additional collateral support in Phase 2. A simple click of a button suffices to select the DEX to swap through and stake the newly swapped collateral with the principal in the short position.īeta Finance follows an isolated collateral model to support more volatile assets, meaning a collateralized position at risk of liquidation does not endanger another position. Users can conveniently do so with the platform’s “1-Click Short” tool. It sees short-selling as a critical financial tool that is missing in the DeFi ecosystem, which facilitates market stability and efficiency. Beta Finance identified the significant volatility characteristic of crypto as harmful to the adoption of DeFi by individuals and institutions.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |