If you’re a crypto enthusiast looking for new investment opportunities, look no further than ArbiTen Boardroom! ArbiTen, a digital asset with a pegged value, has recently hit a price/peg value of 1.017 during the last epoch tick, and as a result, the Boardroom is now open for business!
So, what exactly is ArbiTen Boardroom and why should you be excited about it? Let’s dive into the details.
ArbiTen Boardroom is a unique feature offered by ArbiTen Finance, accessible at https://arbiten.finance/boardroom. It’s a single 10SHARE (Boardroom) pool that emits ArbiTen tokens as rewards to those who stake their tokens in the Boardroom. However, there’s a catch — the Boardroom activity is determined by the price of ArbiTen when the epoch ticks, which happens at 6:00 AM GMT. In order for the Boardroom to be active and rewards to be distributed, the price of ArbiTen must be above the peg value.
The peg value of ArbiTen is set at 1.0, and the rewards are calculated based on the time-weighted average price (TWAP) of ArbiTen. Each epoch’s ArbiTen emissions are a percentage of the “Tomb supply,” which is the circulating supply minus the Iron (minted — redeemed) supply. This unique mechanism ensures that the supply of ArbiTen in the Boardroom is directly influenced by its price movement.
But that’s not all — ArbiTen Finance has also implemented an innovative bonus and redemption system to incentivize investors. When the price of ArbiTen goes below the peg value, the supply of ArbiTen is reduced by 10BOND minting. However, when the price of ArbiTen recovers and goes above the peg value, an ArbiTen bonus is given for 10BOND redemption. Bonds in ArbiTen Finance have no expiration date, and the redemption bonus can go up to 50%, which is squared at 25%.
The redemption bonus starts being given at TWAP = 1.01 peg, and it increases linearly with the price of ArbiTen. For example, at TWAP = 1.1 peg, the bonus is 25%, meaning that each 10BOND can be redeemed for 1.25 ArbiTen. This unique mechanism allows investors to benefit from the price volatility of ArbiTen and potentially earn higher rewards when the price of ArbiTen recovers.
The ArbiTen Boardroom presents an exciting opportunity for crypto investors to earn rewards and potentially benefit from the price movements of ArbiTen. With its innovative bonus and redemption system, ArbiTen Finance aims to attract new investors and spread the word about this unique investment opportunity.
So, if you’re looking for a new and exciting way to invest in crypto, check out ArbiTen Boardroom at https://arbiten.finance/boardroom and join the community of ArbiTen investors today! Don’t miss out on the potential rewards and bonuses that await you in this dynamic and innovative crypto ecosystem. Happy investing!
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