Farming and $ARDN economy

Eugene
Ariadne Project
Published in
3 min readFeb 5, 2022

One of the premises of Ariadne’s development is that $ARDN is the blood of the system — the cross-chain para-token that will be used for gas payments and more. But what about now — when the staking is up, how will platform profits benefit the token stakers and what role will the token play? How much will the farmers make and will this increase the native token value?

TL;DR Joyfully simple, the farmers will make the same or more than they would if farming outside of Ariadne, but it will also create a constant buying pressure on $ARDN.

When you invest ($USDT in the current version, more tokens later) through Ariadne and start farming, your accrue native tokens that are paid as incentives in the third-party pools (say, $MATIC or $SUSHI).

Ariadne intelligently © sells and auto-compounds the tokens you are farming to maximize profits, but the best part is that we use these profits to market buy $ARDN and give it to $ARDN stakers. Up to 90% of the farming profits go to the stakers, the rest to the project treasury (governed by the community later on).

You are getting about the same profits as if you would farm on your own from the third-party farms, you save on gas fees (and swap fees in some cases), AND you are getting some extra ARDN from our community incentive budgets. The rewards will depend on the farming vs ARDN staking ratio. We will provide an online calculator for you to squeeze out a max profit.

Essentially, we aggregate all your farmed tokens (and their amounts can be very low sometimes, or you can find little liquidity on the chain that farm is on if it’s smth exotic) into ARDN, which you are sure to be able to sell back into USDT if you wanted to.

Farmers dumping their tokens are an issue for any actively farmed asset, but not for Ariadne — the buyouts create a deflationary setup, and you end up earning more just farming and holding this one token.

The first marketing incentives (rewards) will kick into the stakes Tuesday, and the whole mechanism together with new farms without limits of investment will come up in a matter of weeks. You can stake it already, and add USDT to the farms once the limits are lifted!

Next things for Ariadne:

  • farming on supported chains (first a short closed beta, TBA)
  • rewards up for stakes
  • liquidity pools on supported networks
  • (smth else that we’ll announce later).

Things not mentioned is that the staked ARDN not only earns you additional ARDN but will be used to govern the system — voting on new farming proposals as an example. The coming up “stake and lock” options will create the “golden ticket” for Ariadne users that will never pay any cross-chain or gas fee at all.

Let’s go!

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