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3Archimedes FinanceARCH #2395
18 Feb 2023, 00:11
G(r)eeks, itβs go time! $ARCH is now available! π₯
ποΈ DEX: @Uniswap V2
ποΈ Token Address: 0x73c69d24ad28e2d43d03cbf35f79fe26ebde1011
ποΈ Pair: ARCH/USDC
ποΈ Pool:
Let the countdown to Archimedes' first βοΈ Leverage Round begin! π
G(r)eeks, it's go time. $ARCH is now available. DEX: @Uniswap V2. Token Address: 0x73c69d24ad28e2d43d03cbf35f79fe26ebde1011.
G(r)eeks, itβs go time! $ARCH is now available! π₯
ποΈ DEX: @Uniswap V2
ποΈ Token Address: 0x73c69d24ad28e2d43d03cbf35f79fe26ebde1011
ποΈ Pair: ARCH/USDC
ποΈ Pool: https://v2.info.uniswap.org/account/0x29520fd76494Fd155c04Fa7c5532D2B2695D68C6
Let the countdown to Archimedes' first βοΈ Leverage Round begin! π
Archimedes FinanceARCH #2395
18 Feb 2023, 00:03
π’ G(r)eeks - This is our final announcement of the night! π’
We know that the process today was a long one.
At the start of the day we were thrown off course, due to an issue with ARCH/ETH pool on Uniswap.
Accepting feedback from the community, we pivoted, staying on Uniswap V2 and moved to an ARCH/USDC pool.
As we ran tests on the new pool, the price spiked. We tried to deploy in tranches in order to control volatility. Unfortunately this did not work as expected.
In total, we deployed 50.3K ARCH tokens, from it 20K as LP.
We will do a post-mortem to identify how much we made from unintended profits. These funds will be used to do random buybacks and burn of ARCH to support the community.
Aside from the ARCH added to the Uniswap pool as liquidity, an additional 9K ARCH tokens are being emitted this week (as of this past Tuesday) to the Archimedes lvUSD/3CRV pool on Curve.
This puts the current circulating supply at an est. 60K ARCH tokens over the first week.
We want to be clear with this last message when we say - we hear you and we will continue to listen. Community feedback is always appreciated at Archimedes. We are here to build with you!
That said, I have one final bit of information to share -
We have finished seeding the pool!
The ARCH token is now officially live!
Contract Addresses π -
Token Address - 0x73C69d24ad28e2d43D03CBf35F79fE26EBDE1011
G(r)eeks - This is our final announcement of the night. We know that the process today was a long one.
π’ G(r)eeks - This is our final announcement of the night! π’
We know that the process today was a long one.
At the start of the day we were thrown off course, due to an issue with ARCH/ETH pool on Uniswap.
Accepting feedback from the community, we pivoted, staying on Uniswap V2 and moved to an ARCH/USDC pool.
As we ran tests on the new pool, the price spiked. We tried to deploy in tranches in order to control volatility. Unfortunately this did not work as expected.
In total, we deployed 50.3K ARCH tokens, from it 20K as LP.
We will do a post-mortem to identify how much we made from unintended profits. These funds will be used to do random buybacks and burn of ARCH to support the community.
Aside from the ARCH added to the Uniswap pool as liquidity, an additional 9K ARCH tokens are being emitted this week (as of this past Tuesday) to the Archimedes lvUSD/3CRV pool on Curve.
This puts the current circulating supply at an est. 60K ARCH tokens over the first week.
We want to be clear with this last message when we say - we hear you and we will continue to listen. Community feedback is always appreciated at Archimedes. We are here to build with you!
That said, I have one final bit of information to share -
We have finished seeding the pool!
The ARCH token is now officially live!
Contract Addresses π - https://docs.archimedesfi.com/technical-documentation/contract-addresses
Token Address - 0x73C69d24ad28e2d43D03CBf35F79fE26EBDE1011
Archimedes FinanceARCH #2395
17 Feb 2023, 18:32
π’ G(r)eeks! We have an update to share!π’
Thanks for your input and feedback so far! Weβre here again to update you.
ποΈ The Hail Mary didnβt work, which means we will be moving forward with the pool that won the community vote - ARCH/ USDC on Uni v2.
ποΈ We will share all the info once we have it: Total liquidity and initial ARCH price.
How does this change things?
From the user perspective, this update should not change anything. If you have ETH, Uniswap will route your swap through the appropriate tokens with the most liquidity.
We are working now to set up the new pool with ARCH/USDC pair, and after that we will provide liquidity to the pool in tranches - again, at your own risk to participate in the pool before we finalize to seed the pool with liquidity.
We as always keep you posted on any new development.
Thanks once again!
G(r)eeks. We have an update to share. Thanks for your input and feedback so far. We're here again to update you.
π’ G(r)eeks! We have an update to share!π’
Thanks for your input and feedback so far! Weβre here again to update you.
ποΈ The Hail Mary didnβt work, which means we will be moving forward with the pool that won the community vote - ARCH/ USDC on Uni v2.
ποΈ We will share all the info once we have it: Total liquidity and initial ARCH price.
How does this change things?
From the user perspective, this update should not change anything. If you have ETH, Uniswap will route your swap through the appropriate tokens with the most liquidity.
We are working now to set up the new pool with ARCH/USDC pair, and after that we will provide liquidity to the pool in tranches - again, at your own risk to participate in the pool before we finalize to seed the pool with liquidity.
We as always keep you posted on any new development.
Thanks once again!