arcd

ChainCatcher news, according to official sources, the governance token ARCD of ArcadeDAO has officially launched on the Ethereum mainnet, and it currently supports token transfers and trading to enhance its decentralization process.It is reported that ARCD token holders can participate in governance decisions, and staking ARCD or staking ARCD/wETH LP tokens in the UniSwap V2 liquidity pool will also earn rewards. Additional ARCD rewards will be allocated to Arcade DApp users, ARCD stakers, and ARCD/wETH LP stakers.ArcadeDAO has also introduced a unique time-lock feature in its staking process, allowing users to choose a specific time range to stake their tokens, thereby qualifying them for future rewards under the Arcade protocol.

ChainCatcher news, the NFT lending protocol Arcade.xyz will airdrop the token ARCD, where holders of selected collectible series NFTs (Pudgy Penguins, Lil Pudgys, Sappy Seals, Bitcoin Puppets, NodeMonkes, Runecoin, Mad Lads, Tensor) have the opportunity to receive 3% of the total supply of ARCD, which amounts to 3 million ARCD. Next week, the first 4000 addresses will be able to claim 750 ARCD per address on the Ethereum mainnet until the total quota of 3 million ARCD is fully distributed.If users hold any of the selected collectible series, they must register their ETH address to be eligible for the airdrop.

ChainCatcher news, the decentralized NFT lending market Arcade.xyz has launched AracdeDAO and the governance token ARCD. The protocol and governance module will be managed by token holders, and ARCD will serve as a tool for voting on proposals and influencing the direction of the ArcadeDAO ecosystem.Currently, the airdrop claim page for ARCD has gone live, with snapshots and airdrops for over 6000 wallets composed of early adopters and community members. Additionally, the ARCD token will initially be non-transferable and will require governance proposal approval for transfer. Future ARCD airdrop allocations will be referred to as Levels, with details for Level 1 to be announced on October 26.