Updates on $50K Liquidity Improvement Plan [April 2023]
Hello Arkeners!
As we have announced our plan to buy back $ARKEN from the market pool for a total maximum of $100K & provide another $50K liquidity in April 2023, funding from our swap fee revenue and other necessary top-ups, you can find the installment detail on liquidity improvement below:
Total Liquidity Added: $50,000
Uniswap V3
Liquidity added: $30,000 in USDC https://arbiscan.io/tx/0x5df247eb1664c74ce12f860abc5f8f62586ed738d65361bc01413d8ed987e606
Chronos Finance
Liquidity added: $20,000 in WETH
https://arbiscan.io/tx/0x6277d79c301d02a3e644fba763ae43ea68ed57801800d682b4be2dcffde76bb8
With our goal to achieve liquidity of more than $300,000 in the long run, this is just another step in our commitment to enhancing the Arken platform and delivering exceptional value by creating a more robust trading environment for our users.
We are continually working to enhance and improve our products, so keep an eye out for more updates in the future!
About Arken Finance
Arken Finance is the Abstraction Layer for DeFi Protocols & User Experience. Arken helps abstract the complexity and unified liquidity and protocols to accelerate software development, making it easier for developers to build and create. On the user side, Arken provides the best user experience abstraction into a single user-friendly system over multiple networks, thousands of protocols, and millions of liquidity pools to make the transition to DeFi easy and painless.
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