ArbiTen/Epoch, with no increase per epoch, due to the negative pressure on 10SHARE liquidity caused by further redemption. While the team is set to release a new utility with the upcoming Arbitrum Janis Dex, they have emphasized the importance of maintaining the liquidity of their native 10SHARE token.
The ArbiTen Finance team has made it clear that they have not kept any deposit fees, proceeds from house tokens, or house liquidity funds, and that these have all been reinvested back into the project liquidity. Additionally, the team has contributed personal funds to bolster the liquidity of the project.
The team has also recently completed buybacks with the last 2 ETH in the ArbiTen admin fund, as evidenced by the following transactions: https://arbiscan.io/tx/0x4a51c2893d74d712a9d1e7b398da59fa575ae185820bd8b2ef341f3cd98dc7a2https://arbiscan.io/tx/0x615cc12935cf677cd9520b67c326acb9781133fff5957bdd4a8506a8a6f8858d
In light of the recent redemption reduction, the team has also completed 10SHARE buybacks with 2 ETH, as evidenced by the following transactions: https://arbiscan.io/tx/0x2d0290c262414e24211b58adb74e86b7d8b83af6798c1effeeb2878cb4320afchttps://arbiscan.io/tx/0xfe697032a90dde0e3c90a4f542fe12bcf60f88d7faf579304efeb422b8dbaaf3
The ArbiTen Finance team has emphasized the importance of maintaining 10SHARE liquidity and will continue to strictly limit redemption until they are confident that the liquidity can hold. While the new utility with the release of Arbitrum
Janis Dex is exciting, maintaining liquidity is crucial to the success of the project.Website: https://arbiten.financeTwitter: https://twitter.com/ArbiTenFinanceDiscord: https://discord.gg/xt9cy9uAGFTelegram: https://t.me/Arbi10Finance