Here's how the $ARCH token works. : When leverage is available, users can take out positions on Archimedes.
21 Dec 2022, 17:51
Here’s how the $ARCH token works 👇
1️⃣: When leverage is available, users can take out positions on Archimedes.
2️⃣: On top of depositing their collateral, users also need to pay an upfront fee in $ARCH tokens 🏛
3️⃣: This fee is an $ARCH to leverage ( $lvUSD ) ratio.