On May 3th 2022, our community had a chance to welcome Rob Garner – CEO of Arc Finance to join an AMA to deliver fruitful information about the key features and roadmap of the project.
This AMA was held by CryptoFamily Group – the top crypto community in Vietnam, where investors and traders can obtain the latest news and signals from bot/ admins, as well as discuss and share investment experiences in the crypto space.
🔎 ARC Finance (https://arcdex.io/) is an AUM-based liquidity market capitalization management platform.
At this AMA, Rob Garner directly greeted the community and provided detailed information on the project as well as some exciting events that will be held in the near future.
Time: 20:00 PM (UTC+7) | Tuesday, May 03rd, 2022
Venue: https://t.me/CryptoFamilyVN
Reward Pool: $200 for members with the best questions.
PART I: OVERVIEW QUESTIONS
- Can you please describe us a little bit about yourself?
Arc Finance: My name is Rob Garner , the CEO of Arc Finance.
I am a Company Director with 30+ years experience in the semiconductor industry across Europe, North America and Southeast Asia.
I have been responsible for the design and manufacturing of advanced Custom SoC’s.
I also have had extensive involvement in corporate finance from Start-Up fundraising through M&A and full P&L responsibilities.
- Can you briefly introduce Arc Finance and the vision of the project? How is ArcFinance changing the new DeFi ecosystem?
Arc Finance: Arc Finance is a Liquidity as a Service solution that at its core helps projects with low liquidity and low trading volumes
Using Arc Finance’s innovative AUM mechanism, holders of poor performing assets can re-mint these into new tokens called rTokens.
By “reviving” these assets, investors can then use the Arc Finance platform to rediscover the value inherent in these underperforming tokens, create new cash flows and new investment opportunities that make a real difference to their portfolio.
A more complete description is that Arc Finance is an AUM algorithm implementation of a DeFi2.0 LaaS infrastructure with a DEX as the basic feature, built on BNB Smart Chain.
Dedicated to building a DeFi 2.0 liquidity as a Service and creating liquidity premium value by encouraging users’ positive behaviors through premium mining pool protocols, Arc Finance opens the liquidity Premium Pool (LPP) to capture value of ‘Trade to Earn’ for all users.
The vision of Arc Finance is building DeFi2.0 facilities to provide the best liquidity services to the market.
Solving DeFi’s current development drawbacks of digging and selling to motivate users to engage in positive trading behavior.
Increase capital utilization and capture liquidity premium value.
- Can you update some of Arc Finance ‘latest news or significant events to us?
Arc Finance: Our private sale on tokensoft is coming soon.
The date is 11th May. If you want to participate in it, please stay tuned with us for the good news.
And there is a Testnet Airdrop Campaign, users who participate in the campaign, may get a special airdrop reward after the product launch.
PART II: PRE-COLLECTED QUESTIONS FROM TWITTER
- From @Aquaman8187
Can you talk about your project development roadmap? What’s achieved to date and the 2022 targets? What is the view of ArcFinance on solving the problems that the DeFi ecosystem still cannot solve?
Arc Finance: The Arc Finance project is now in the critical period of product launch.
Currently our product is to go live and it’s an important stage for us now
So I’m very much looking forward to this project entering the market, so my plan for this year is of course to work hard with my team to push the Arc Finance project into the market, so that more people can understand this project and participate in this ecosystem.
Let me share the roadmap
As to solving some of the issues with the DeFi system we are concentrating on Liquidity as a Sevice and realy working with every token not only popular ones.
We developed Arc Finance with the goals of:
1.Becoming the economic infrastructure of DeFi 2.0 in which projects can release their potential and help users to get more benefits in swaps.
2.Expanding the economic cycle and improving capital efficiency.
We are committed to building economic infrastructure and providing the best liquidity as a service for the market, as well as solving the drawbacks characterized DeFi’s current pump and dump mode and encouraging users’ positive transactions, improving asset efficiency, and capturing the liquidity premium value.
With these aims and goals, we are very sure to make a great DEX.
- From @phongdang7747
Can you tell us about your “Arc Finance” team members? are they qualified and professional in their fields? What are the recruiting qualifications for team members for your extraordinary project?
Arc Finance:
Okay, let me introduce our team members to you
Our COO: James Filbird
James has 35 years of experience as a serial entrepreneur in the United States and in China.
During his professional career, he served as a financial advisor for retired investors, co-founded the world’s first virtual pet adoption toy company 20 years ago.
He was a co-founder of Turing Robotics Industries, where blockchain technology was integrated into their smartphone’s operating system.
Also the former CEO and co-founder of VapeEze Inc, an American premium e-cigarette company.
Our CMO: Youssra Sifer
Youssra has a Master’s degree in Finance and Economics, with 5 years of professional experience in crypto
Specialist in digital marketing and building crypto startups.
Expert in advanced concepts related to content creation, personalized marketing, sales enablement and lead generation.
Youssra invested in more than 20 projects and provided marketing and financial consulting services for more than 10 projects.
- From @Alley19399335x
What is the view of ArcFinance on solving the problems that the DeFi ecosystem still cannot solve? What’s the tokenomics structure and token utility? Do you have a Token Burning plan to increase Token value and attract Investors to invest?
Arc Finance: I’d like to make a summary of Arc Finance first again.
Arc Finance is the underlying tokenomics of DeFi2.0 liquidity as a service (LaaS)
liquidity premium mining protocol built on Binance Smart Chain.
There are some defects of DeFi1.0 and insufficient reform of DeFi2.0.
In DeFi1.0, the pump and dump mode in which fund allocation is determined simply by the income is likely to form a predatory effect among early-stage funds.
In DeFi2.0, there are few projects focusing on liquidity value for the construction of economic infrastructure.
Most of them choose to set up simple incentives and capital deployment incentives based on conventional market liquidity, all of which have a passive market approach for liquidity value provision rather than proactively providing positive behavior for capital liquidity.
Given these drawbacks of DEX products, we develop the Arc Finance with the goals of:
Becoming the economic infrastructure of DeFi 2.0 in which projects can release their potential and help users to get more benefits in swaps.
Expanding the economic cycle and improving capital efficiency.
We are committed to building economic infrastructure and providing the best liquidity as a service for the market.
Solving the drawbacks characterized DeFi’s current pump and dump mode and encouraging users’ positive transactions, improving asset efficiency.
With these aims and goals, we are very sure to make a great DEX with the LaaS feature.
- From @Romando3552
When it comes to DeFi platforms like “Arc Finance”, security is the fundamental stone. What security protocols have you covered in your platform to protect all crypto assets? Have you done any audit for your platform?
Arc Finance: As a Dex, Arc Finance attaches great importance to the security of funds.
We have enough experts to verify the safety of our products, We will ensure the security of user assets.
And there is a Timelock Mechanism:
A timelock is a piece of code that is used to lock certain functions of a smart contract so that a time period can be set for the function to execute.
In the blockchain, the function of transferring funds from the contract is usually locked by a timelock.
TheTimeLock contract ensures the safety of users’ funds by executing MasterChef’s setMigrator and transferOwnership method after a delay of 48 hours.
Additionally and most importantly, Arc Finance has been audited by Certik.
https://www.certik.com/projects/arc-finance
Really proud of the team passing the Certik audit is very diificult – so well done to the teamm – but also it gives our users all the reassurance they need.
- From @Linh_trang1805
Can you update some of Arc Finance latest news or significant events to us? Where I can get the latest updates or more information about the $ARC project?
Arc Finance: Our private sale on tokensoft is coming soon
The date is 11th May. If you want to participate in it, please stay tuned with us for the good news.
And there is a Testnet Airdrop Campaign, users who participate in the campaign, may get a special airdrop reward after the product launch.
Below is the Campaign tutorial link:
PART III: BEST LIVE QUESTIONS IN CRYPTO FAMILY GROUP
- Token Burn or BuyBack program play an important role in increasing Token value Do you have a token burn or buyback program plan to attract investors?
Arc Finance:
The purpose of token burning is in fact for deflation to promote the value of token, as well as guaranteeing a sound ecosystem. So of course we have a strong burning mechanism.
20% of the trading fee will be used to buy back $ARC and burn it.
50% of the trading fee will be used to buy back $ARC. The repurchased tokens are put into the mining pool for circulation.
30% of the funds raised by the IDO will be used for deflation.
Besides, the AUM tax rebate mechanism also involves burning that the 3% of swap fee rebates Arc Finance charges for the premium pool is allocated as follows:
20% will be used to buyback and burn the $ARC tokens.
16.67% will be used as dividends to reward users who hold the native token.
13.33% will be used as referral rewards
50% will be kept in the LP pool to keep the pool balanced
- Can you list the features that your project have and other similar projects don’t and Can you convince me to invest in your project as compared to others which are similar to yours?
Arc Finance:
The main feature that Arc has no oter Dex has is our re-mint feature that allows underperfoming assets to be reinvigorated and tuned into a token of interest by the aplication of a liquidity pool.
- I learnt that, ArcFinance uses AUM (Automatic Unlocking Mechanism) algorithm.This model gives rise to the problem of opportunistic dumping, although it could help the project gather a lot of liquidity in the short term. What about its detrimental effects in long-term development?
Arc Finance:
We solve the problem of possible dumping by contributing 50% of the re-mint fee back to the liquidity pool so that there is always liquidity for the traded pair and even if LP’s move away there will be a base level to keep the pair fluid.
- Hi ArcFinance Is the platform suitable for every kind of user? Who are the potential customers? Are you mainly focusing on big investors or small investors?
Arc Finance:
Arc Finace is for all investors of whatever size, big or small, experienced or newcomers. we spent a lot of time working on the UI/UX to make the interface attractive, easy to use and intuitive.
- Do you have Whitepaper if yes, please share it with as secondly do you have plans for pre-sale? Now where can we Join it?
Arc Finance:
Whitepaper https://docsend.com/view/p9dj5ypezuhm9yb9
Website: https://arcdex.io/
Twitter: https://twitter.com/Arc__Finance
Medium: https://medium.com/@arc_finance
Discord: https://discord.gg/ZFAJ5mJVfR
Telegram: http://t.me/ArcFinance_global
Announcements: http://t.me/ArcFinance_announce
Youtube: https://www.youtube.com/channel/UCSUfQ7nuN_G6VYRJKKu67ow
Just want to add We teamed up with Project Galaxy, and thanks for joining in our Arc Finance AMA, please fill in the form below and you will be able to claim a Arc Finance X Galaxy X Crypto Family OAT NFT badge on https://galaxy.eco/ArcFinance/campaign/GCRaFUUQMm later.
Galaxy OAT can be claimed within 24 hours on Project Galaxy with the Polygon address you submitted in the form.
https://forms.gle/TdVisXqCfQzfCx9QA
CF: 📌 Seems like there’re many things to exchange, but I’m afraid the time is up now. For all of the questions that have not been answered yet, guys feel free to search for more information on the links provided below:
🔗 Telegram: http://t.me/ArcFinance_global
🔗 Announcements: http://t.me/ArcFinance_announce
🔗 Twitter: https://twitter.com/Arc__Finance
🔗 Medium: https://medium.com/@arc_finance
🔗 Discord: https://discord.gg/ZFAJ5mJVfR
