Tokenomic
As a fair launch project, the Arvin team is committed to aligning with users through their initial token holdings. The VIN token, which represents utility within the protocol, is subject to a vesting period of four years, with a one-year cliff. This ensures that the team prioritizes the long-term development interests of Arvin Finance.
Token Details:
VIN (Utility Token): VIN is a utility token designed to promote the development of the protocol. It provides bonus and discount rights that unlock advanced features in the future. By staking VIN, users can earn emissions of governance tokens.
Total Supply: 10,000,000 tokens
Contract: Arbitrum
How to Obtain VIN:
Become a liquidity provider
Purchase VIN on decentralized exchanges
Be an early adopter
Vote for the ecosystem protocol pool
Participate in DAO-to-DAO token exchanges
Become a strategic investor
Token Distribution:
LP incentives
3,000,000
30%
Community
3,500,000
35%
Core Team
2,000,000
20%
DAO Treasury
1,500,000
15%
Total
10,000,000
100%
LP Incentives: Emissions incentivize liquidity providers for tokens associated with the protocol.
Community: Airdrops for DeFi veteran users, ecological user airdrops, core contributor incentives, and interest subsidies for initial borrowing users.
Team: Vesting over four years, with a one-year cliff. 25% of the team's share is locked in a 16-week contract.
DAO Treasury: Used for protocol governance token swaps, maintaining the peg of stablecoin, participating in liquidation, external investments, and expanding protocol assets and influence.
VIN Emission:
Early VIN Adoption: Fixed emissions incentivize liquidity providers during the early adoption phase.
Liquidity Providers: Fixed daily emission of 400 VINs for a period of 180 days.
Early Adopters (Borrowers): Variable daily emissions based on collateral type.
Emmission Table:
ETH
6%
~80
ARB
8%
~150
GLP
6%
~170
Convex LP(USDT+WBTC+ETH)
5%
~20
Magic
8%
~40
WBTC
6%
~60
GMX
8%
~70
Total Emission(per day)
~590
Staking and Vesting:
Staked VIN: Receives 50% of protocol revenues, including interest revenue, liquidation fees, and borrowing fees, which are distributed in stablecoin IN.
Staked VIN also earns additional emissions from the governance token ARV.
Vesting using VIN incentivizes borrowers and has a 21-day lock-up period, unlocking all at once.
ARV (Governance Token):
ARV serves as the governance token for Arvin Finance, granting holders governance rights over the protocol and ownership of the protocol Treasury. ARV holders can create and vote on proposals, with proposers requiring at least 0.5% of ARV to submit a proposal.
Total Supply: 100,000 tokens
Emission Rules: Daily emission decreases gradually according to the formula specified.
ARV can be obtained by staking VIN for a 16-week period to receive emissions.
IN (Stablecoin):
IN is a stablecoin pegged to the USD and fully backed by over-collateralized assets.
These token dynamics contribute to the health and balance of Arvin Finance, incentivizing users and fostering community participation.
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