My Coins
ARC Governance
arcx
ARC Governance
1 arcx0.62USD
Introducing ARCx Sapphire (v3)

Introducing ARCx Sapphire (v3)

arcx.substack.comarcx.substack.com01 Jun 2021 | 20:12 pm
ARCx Sapphire (v3) will allow the protocol to issue its DeFi Passport that incentivizes reputation-building and curates on-chain identity in DeFi. The DeFi passport will be a ‘credit score’ that assesses credit risk in the DeFi ecosystem. The credit score is number (0-1000) and will be used to assess credit risk for DeFi identities.
Dragonfly, Scalar are backing a startup that calculates DeFi 'credit scores'

Dragonfly, Scalar are backing a startup that calculates DeFi 'credit scores'

The BlockThe Block01 Jun 2021 | 19:56 pm
ARCx has raised $8.2 million in funding. The DeFi Passport will allow users to prove their creditworthiness and qualify for additional benefits across various crypto protocols. The project has been backed by Dragonfly Capital and Scalar Capital. Founder Kerman Kohli said projects can leverage the product to offer high score DeFi-era higher allocations or more leverage.
The ARCx Token Migration is Live

The ARCx Token Migration is Live

arcx.substack.comarcx.substack.com14 May 2021 | 00:07 am
The token migration is now live after AIP-2 has passed with 99.04% in favour of a token split. Old ARCx token holders will be able to mint new ARCx tokens as we move toward Sapphire V3. If you hold 1 ARCx worth $10,000 pre-split, you will get 10,000 New ARC
AIP-2: ARCx Token Split (1:10,000)

AIP-2: ARCx Token Split (1:10,000)

arcx.substack.comarcx.substack.com27 Apr 2021 | 00:36 am
ARCx is planning a 1:10,000 token split to create a new governance-minimised central bank for the DeFi Passport. The original ARCx Governance Token will be called the ‘Old ARCx governance token’ and the new token will be referred to as the ARCx ‘Governance Token’. The migration contract will allow old ARCx token holders to burn their old tokens and mint new tokens.
AIP-1: The ARCx DAO

AIP-1: The ARCx DAO

arcx.substack.comarcx.substack.com31 Mar 2021 | 20:19 pm
ARCx DAO will allow token holders to decide on treasury spending via Snapshot vote, which will be executed by Treasury Multisig. The ARCx Council will be elected and will be able to spend funds from the treasury and upgrade certain parameters of the protocol. We are aiming to reach stage 2 in the next 6-9 months, depending on the progress of the product.
ARCx Token Announcement

ARCx Token Announcement

arcx.substack.comarcx.substack.com19 Mar 2021 | 17:58 pm
ARCx governance token has been released and is now live on 1inch. The ARCx token will govern the Community Treasury, which currently holds 19.1% of the circulating supply, plus the $6.5m contributed from the ARCx community. ARCx will also be setting up a pool for users to become a liquidity provider.
stETH added to ARCx

stETH added to ARCx

arcx.substack.comarcx.substack.com08 Mar 2021 | 19:57 pm
ARCx has added stETH as a collateral type that enables users to mint STABLEx. Stablex is a liquid staking solution allowing users to stake on ETH2 whilst maintaining control of their staked ETH. Since the inception of stETH in December 2020, it has grown to have over $300m in value locked with over 180,000 ETH staked.
ARCx Integrates Chainlink Price Feeds for Rehypothecating DeFi Assets

ARCx Integrates Chainlink Price Feeds for Rehypothecating DeFi Assets

arcx.substack.comarcx.substack.com25 Feb 2021 | 09:57 am
ARCx is using Chainlink oracles to help re-hypothecate assets in DeFi. This means that assets such as those which earn interest can be used to mint STABLEx and unlock the value of certain assets. ARCx plans to become a governance-minimised central bank that issues credit against assets in their various forms.
Introducing ARCx

Introducing ARCx

arcx.substack.comarcx.substack.com09 Feb 2021 | 22:31 pm
ARCx Token Sale will commence on February 15th. Phase 1 is exclusively available to early community members, and Phase 2 is for liquidity providers (past and ongoing). As yield becomes a core theme moving forward, the permutations of protocols x assets will explode. ARCx plans to support all of these assets to increase capital efficiency.
imUSD added to ARCx

imUSD added to ARCx

arcx.substack.comarcx.substack.com27 Jan 2021 | 20:40 pm
ARCx has added imUSD as a collateral type to mint STABLEx. imUSD is an interest bearing US Dollar that earns high yields for users through mStable’s savings contract. ImUSD holders can participate in ARCx yield farming by becoming a liquidity provider on Uniswap.
ibETH added to ARCx!

ibETH added to ARCx!

arcx.substack.comarcx.substack.com20 Jan 2021 | 09:54 am
ARCx has officially added ibETH as a collateral type to mint STABLEx. ibETH is an interest bearing ETH token that earns high yields for users on Alpha Homora's platform. As of 20th January 2019, ibETH has no functionality anywhere in the entire DeFi ecosystem.
xSUSHI added to ARCx!

xSUSHI added to ARCx!

arcx.substack.comarcx.substack.com19 Jan 2021 | 03:28 am
ARCx has officially added xSUSHI as a collateral type to mint STABLEx with. As of 19th January 2019, xUSHI is a $500m market-cap token with no functionality anywhere in the entire DeFi ecosystem. The value of the asset can be unlocked through minting a stablecoin against it.
ARC 2.0 & Yield Farming

ARC 2.0 & Yield Farming

arcx.substack.comarcx.substack.com12 Jan 2021 | 23:04 pm
ARC is a synthetic asset protocol aimed at creating debt based stablecoins through using collateral users already have but don't have liquidity for. The system as a whole will be partially collateralised over time which will improve on the deficiencies of Elastic Supply Coins and provide confidence in maintaining the peg. Unlike yield farming schemes, ARCx employs short term yield farming campaigns which are limited and have certain conditions.
2020 Update

2020 Update

arcx.substack.comarcx.substack.com21 Dec 2020 | 21:09 pm
ARC has decided to focus on a single stablecoin for now as it’s going to be too hard to go to market with two stablecoins. As we saw with LINKUSD launch, we had no levers to control supply/demand for LINKUSD causing the peg to fluctuate very wildly and cause loss of confidence in the system. We can ultimately come back to multiple stablecoins and add them as a part of STABLEx but unless we can prove out the model with a single
STABLEx is here!

STABLEx is here!

arcx.substack.comarcx.substack.com06 Dec 2020 | 02:09 am
ARCx is launching STABLEx, the native stable token of the DeFi ecosystem. It's designed to be pegged to 1 US Dollar. You can mint STABLEX to access liquidity while maintaining exposure (and yield) of the other assets and earn a real-time return through ARCx. You will also be able to use StableX as a stablecoin throughout DeFi.
Introducing ARCx Levels (Beta)

Introducing ARCx Levels (Beta)

arcx.substack.comarcx.substack.com06 Dec 2020 | 02:07 am
ARCx has launched levels for the first time. Community members will be able to level up across four different skillsets, by completing quests and earning XP. Over the coming weeks, you'll reach new levels based on how much XP you have across each skillset. The more quests you complete (and the better you complete them), the more XP you will earn.
ARC Pool 4 Staking Guide

ARC Pool 4 Staking Guide

arcx.substack.comarcx.substack.com06 Dec 2020 | 02:06 am
In this guide, we'll go through how to earn ARC rewards by creating a vault, minting LINKUSD and providing liquidity to the Curve LINKUSD Pool. The LINKUSD pool attempts to keep equal balances of all assets by providing more LP tokens to users who add assets that are undersupplied. This incentivizes users to return the pool to balance.
September Community Update

September Community Update

arcx.substack.comarcx.substack.com06 Dec 2020 | 02:04 am
ARC went live on mainnet 4 weeks ago. Over 650 users registered for the first tranche of Know-Your-Farmer and an additional 1505 for the second tranche. Over $1.8m worth of LINK was locked up in the first 24 hours and approximately $300,000 of debt created. The race is still on to see which user will be the first to farm one ARC token.
ARC: Beta Launch

ARC: Beta Launch

arcx.substack.comarcx.substack.com06 Dec 2020 | 02:02 am
ARC 1.0 Beta aims to let users play around with the system with a guarded launch. It aims to ensure that the contracts and their respective deployments don’t have any obvious flaws or vulnerabilities. It also aims to allow users to familiarize themselves with the ARCx system, beginning with minting synthetic assets and ending with staking BPT to earn ARC.
Announcing KYF V2

Announcing KYF V2

arcx.substack.comarcx.substack.com06 Dec 2020 | 02:00 am
ARC has announced KYF v2 which will be for users once ARC is out of beta. There will only be 2359 slots. There is a hard cap this time so anyone who doesn't get in won't have the chance to participate in the first yield farming tranche. Once the ARC contracts are on main-net we'll be announcing the first ARC rewards pool for supplying liquidity LINK-USD liquidity to KYF participants.
KYF V1 Recap & Next steps

KYF V1 Recap & Next steps

arcx.substack.comarcx.substack.com06 Dec 2020 | 01:55 am
Arc Angels has said that the first 300 people should be allowed in and everyone else should be kicked off since the 300 showed dedication to get in. "The people who didn't get in are at a disadvantage since we didn't announce beforehand when Level 1 would drop. Some people were asleep in other timezones meaning they couldn't be around if they wanted," the team said.
World: Meet ARC

World: Meet ARC

arcx.substack.comarcx.substack.com06 Dec 2020 | 01:53 am
ARC aims to let anyone create synthetic assets based on their own parameters. The system is powered by Chainlink oracles and is designed to allow anyone to bring a price-feed available on-chain with some valuable collateral and create a synthetic asset. ARC is a community-governed protocol that aims to attract the highest caliber of talent.