Impossible IDO #17 — Arken Finance Key Updates

Galaxy
Impossible Finance
Published in
3 min readApr 5, 2023

Hey there, Penguins! 🐧

The staking subscription period for Arken Finance has just ended on the Impossible Launchpad with a high of US$1.9M worth of IDIA & vIDIA tokens committed in staked capital. In addition to that, the Arken Finance IDO was also extended to the Coin98 community, which obtained a high of US$709,000 worth of C98 tokens committed in staked capital.

The purchase period is currently ongoing and will end on 05/04/2023 2:00 PM (UTC).

Below are important details you should take note of:

⚠️ Token Claim / Distribution:

  • ARKEN is a token on the Arbitrum network
  • Users can claim the ARKEN tokens they purchased directly from Arken Finance on 06/04/2023 at 2:00PM (UTC). The claimed ARKEN tokens will be on the Arbitrum network. Please view the guide to claiming here.

⚠️ ARKEN Token Listing Venue:

  1. Listing Pairs: ARKEN/USDC
  2. Listing date and time: 06/04/2023 at 2:00 PM (UTC). Kindly refer to Arken Finance and Impossible Twitter account for the latest details.
  3. Listing venue: Uniswap V3 and Arken Finance

⚠️ Arken Finance Key Highlights:

  1. 6 April 2023 — TGE, Initial Pool LIVE on Uniswap V3
  2. Within April 2023 — Introducing ‘Long-term Liquidity Pool’, a special type of Arken DEX & ‘Arken Options’ as incentives for LPs
  3. Within Q2 2023 — Launching Trustless Fund Management Platform Version Alpha (Strategic vaults, High-Frequency Trading Strategy, All-in-One Tools & API)
  4. Within Q2 2023 — Offering Derivatives on Trustless Fund Management Platform through GMX Integration (Support more complex strategic vault, market neutral, hedging, signal trade)

⚠️ More on Arken Finance:

  1. Arken Finance Documentation
  2. Impossible Research Report — Arken Finance
  3. Arken Finance Founder Interview
  4. Arken Finance: Abstraction Layer for DeFi Protocols, dApps & User Experience
  5. Arken Finance Tokenomics & Long-term LPs

Official Links:

Thanks for your amazing support and let’s BUIDL the Impossible together!

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.

Website | Twitter | Discord | Telegram | Medium

About Impossible Finance

Impossible Finance is the go-to crypto investment platform that empowers you with high-quality, fair and accessible crypto opportunities. We simplify DeFi so you can enjoy fairer investing, cheaper trading and better yields through our accelerator, launchpad, and swap platform.

Website | Twitter | Discord | Telegram | Medium

Terms & Conditions:

  • DISCLAIMERS, TERMS, and RISKS
  • Impossible reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reason without prior notice.
  • Users need to complete their KYC and also be from an eligible jurisdiction to participate in this token sale.
  • The information provided on this website does not constitute investment advice, financial advice, trading advice, or any other sort of advice and you should not treat any of the website’s content as such. Impossible Finance does not recommend that any cryptocurrency should be bought, sold, or held by you. Do conduct your own due diligence and consult your financial advisor before making any investment decisions.

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