Utility of ARBIS token
Initially, the ARBIS token was used to bootstrap liquidity in the Arbi’s Finance platform through a liquidity mining incentive program which rewards platform users in ARBIS. Moving forward, liquidity mining will be performed sparingly. We believe that liquidity mining can be used liberally to build initial momentum, but is unsustainable for the long term, as it dilutes holders.
The Arbi’s Finance protocol collects fees from each of its vaults and products. These fees will be partially distributed to those who single-stake ARBIS and ARBIS-ETH LPs within our platform.
Eventually, ARBIS may be available on lending platforms and as a reserve asset for ZeroTwOhm.
The establishment of a DAO is in consideration.
ARBIS was initially distributed through a series of airdrops and a liquidity mining campaign spanning over 2 months’ time, and we are very dedicated to serving our local community on Arbitrum. Our token distribution and status as an Arbitrum-native project trying to create a portfolio of applications makes us an ideal launchpad, which is a feature that is still being developed.
stARBIS Staking Pool
stARBIS is the ARBIS token single staking pool. This pool collects 40% of the fees from various Arbi’s Food Court projects and distributes them to its owners.
When in the stARBIS pool, your ARBIS automatically accrues platform fees, paid in WETH, CHEEMS, and Z2O.
20% of the autocompounder fees, converted to WETH.
Uniswap (Arbitrum One)
