Archway(ARCH) New Listing on MEXC Global

$0.0267

2.37%

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According to MEXC Global's official announcement, Archway (ARCH) is soon going to be listed on the MEXC Global crypto exchange.

Archway Listing Schedule

Trading: 2024-07-17 11:00 (UTC)
Deposits: Opened
Withdrawals: 2024-07-18 11:00 (UTC)

About Archway

Archway is a layer 1 protocol featuring a unique incentive model that integrates developer revenues directly into the protocol. The broad idea is to enable developers to capture the value they bring to the underlying network by programmatically distributing rewards to them based on the usage of their smart contracts. Archway fosters a synergistic relationship between dapps and the L1 by not only facilitating value creation but also ensuring its equitable distribution.

Archway Token Distribution

Ecosystem Grant: 27% Grants supporting builders and contributors across the community (27,000,000,000 ARCH)
Private Sales: 14.5% Cliff for 1 year, Vesting over 48 months (14,500,000,000 ARCH)
Foundation: 17.5% For foundation operations, early liquidity support, community incentives and programs (17,500,000,000 ARCH)
Phi Labs: 10% Cliff for 1 year, Vesting over 48 months (10,000,000,000 ARCH)
Community Pool: 10% Funding for dapps, deploying liquidity, sponsoring community-organized events etc. (10,000,000,000 ARCH)
Core Contribution: 10% Cliff for 1 year, Vesting over 48 months (10,000,000,000 ARCH)
Airdrop: 5% Funds to encourage and reward contributing and interacting with the protocol (5,000,000,000 ARCH)
Community for sale: 2.5% Cliff for 40 days, Vesting over 8 months (2,500,000,000 ARCH)
Early Support: 3% Cliff for 1 year, Vesting over 48 months (3,000,000,000 ARCH)
Testnets/Hackathons: 0.5% Cliff for 1 year (500,000,000 ARCH)