Ariadne. New public version launch

Hey there, everyone! We’re excited to let you know that the wait is finally over, and the new version of the Ariadne app is now live! In this article, we’ll explain what’s new with the app and what features you can expect to see.

Trustless Farms

With the new version of the app, you’ll find new farming pools that you can use right away, but the most significant change is that the new farming mechanism is now fully trustless. This means that the entire process of investing and withdrawing is more open and transparent than ever before.
The application has been reworked and adding new pools is also much faster now, so we can quickly integrate hand-picked high-yielding farms into the Ariadne app.
Soon, we’ll publish updated documentation that explains the investment and withdrawal process for users of different expertise levels, and everyone will be able to manually check the open-source code.

ARDN tokenomics

We’ve also revised how the $ARDN token should be utilized, its tokenomics, and its utilities. Now, users are incentivized to buy and lock their $ARDN tokens instead of claiming and selling them.
Here is a table demonstrating changes to the role of the token in the application:

POWER

You’ll find a new APY boosting feature on one of the farming pools. We’ve introduced this feature to collect feedback and make any necessary changes quickly.
This pool has a few different rates of returns:
Normal APY tier — free and available to everyone.
Boosted APY tiers — only available for those who have enough POWER points in proportion to their investment amount.

You can access these boosted APY tiers by locking enough ARDN tokens for a time period of your choice. The amount of POWER required to reach the maximum level boost increases proportionally to the value of your desired farming position.

Other features

Some small but important features that will improve user experience:

Multiple stablecoins options
From now you can use USDT, USDC, and BUSD when entering any farming pool.

Fees saving
Imagine, investing $100 and losing around $2 right from the go because of the bridging fees, we have a solution for such situations.
Typically, to transfer your liquidity from the network you are on to the network where the farm is located, we use a third-party bridge in a trustless manner. However, for small amounts, this becomes prohibitively expensive for users due to the bridging fees they must pay. That is why we decided to provide our own liquidity to bridge your funds for zero fees, while still maintaining a trustless process through a third-party bridge. In practice, this means that investments or withdrawals of less than approximately $100 are completely free, with no amounts lost to bridge slippage.

Other
Small features such as a roundtrip menu in which you can monitor the path of your investments and withdrawals and see the detailed history of your all transactions, and many other UI adjustments.

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Want to send us an email? — hello@ariadne.finance