What is Acher? Learn about Acher and the ARCH Token (NEW)

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2021-06-19 06:39:30

What is Archer?

Similar to Alchemist, Archer is also a project in the protection group of MEV (Miner Extractable Value), this is the value that miners get through their powers that cause gas fees to increase rapidly and unreasonably, by How to choose highly profitable transactions to include in the block.

Archer Highlights (ARCH)

Archer’s products include:

Archer Relay

Archer Relay is a private network of Archer, transactions sent through here will not go through Mempool, resulting in no transaction being seen by bots and only transaction fees (no gas fees). Archer Relay allows users to:

  • Pay only when the transaction is successful.
  • Cancel the transaction with no fees.
  • Make sure the price is not skewed due to front-run.

The DEX using Archer Relay is also the project’s Archer Swap. Archer Swap is not really a DEX, but more of an interface layer built on Uniswap and Sushiswap. With the benefits of Archer Relay, Archer Swap helps users reduce harm caused by MEV transactions such as high gas fees, Sandwiched attacks,…

Try Archer Swap here: https://swap.archerdao.io/

Archer Relay also allows other projects to take advantage of these advantages by integrating Archer Relay’s API into their own products.

Archer TEV

Archer TEV (Trader Extractable Value) is the value earned by Archer when transactions are too large to create a price difference between one exchange and another. This profit will be put into the Treasury and redistributed to users.

For example, if a user buys $10,000 SUSHI on Uniswap, this will create a SUSHI price difference between Uniswap and other exchanges. Archer’s bot will catch this opportunity, buy from another exchange and sell back to Uniswap. This profit will be put into the Treasury as above.

Currently, Treasury profits are being used to buy back ARCH to distribute to users using Archer Swap. The distribution mechanism will then be reevaluated by the ARCH-owning community.

Information about Archer and the ARCH Token

Key Metrics Archer

  • Token Name: Archer Token.
  • Ticker: ARCH.
  • Blockchain: Ethereum.
  • Token Standard: ERC-20.
  • Contract: 0x1f3f9d3068568f8040775be2e8c03c103c61f3af
  • Token type: Utility.
  • Total Supply: 100,000,000 ARCH.
  • Circulating Supply: 11,939,076 ARCH.

ARCH Token Allocation

  • Participant DAO: 50%
  • Team & Advisors: 14%
  • Development: 14%
  • Initial Sale: 11%
  • Foundation: 5%
  • Marketing: 5%
  • DEX Liquidity: 1%

ARCH Token Sale

Initial Sale has 3 rounds:

  • Round 1: $0.1/ARCH.
  • Round 2: $0.12/ARCH.
  • Round 3: $0.2/ARCH.

ARCH Token Release Schedule

  • Team & Advisors: 6 months cliff, vesting for 2 years.
  • Initial Sale:
    • Round 1: 25% unlocked; 75% vesting in 6 months.
    • Round 2: 25% unlocked; 75% vesting in 6 months.
    • Round 3: No lock.

ARCH Token Use Case

ARCH is used for project management. Specifically, users who own 10,000 ARCH will be able to join a private group on the Discord project, as well as have to have 20,000 ARCH to create Proposal.

ARCH Token coin rate today đồng

How to earn and own ARCH Token

From June 11 to July 16, users who trade on Archer Swap will receive ARCH based on the aforementioned TEV profits. In addition, users can buy ARCH on the exchange.

ARCH Token exchange & storage wallet

Instructions for storing ARCH on CHK Wallet

ARCH token is ERC20 token, you can store ARCH token on CHK Wallet with the following simple steps. See more instructions for installing and using CHK Wallet from A to Z here.

  • Step 1: At the main interface, select Receive (Receive).
  • Step 2: Enter ARCH in the search box.
  • Step 3: Copy the ARCH wallet address and send the ARCH token to this address.

Trading ARCH on CHK Wallet

You can trade ARCH tokens directly on CHK Mobile Wallet with Uniswap and SushiSwap:

Step 1: At the main screen of CHK Wallet, choose SWAP.

Step 2: Select Uniswap or SushiSwap.

Step 3: Select the token to trade and fill in the necessary parameters for the transaction.

  • Select tokens from the list. With tokens that are new and not yet displayed on CHK Wallet, you can paste contract Enter and trade as usual.
  • ARCH contract: 0x1f3f9d3068568f8040775be2e8c03c103c61f3af
  • Enter the number of tokens you want to swap.

Step 4: Adjust gas and slippage according to demand.

Step 5: Browse transactions (approve) and complete the transaction.

Roadmaps & Updates

Updating…

Project team, investors & partners

Project team

Chris Piatt, Co-Founder of Archer, is also Co-Founder of Blocklytics.

Investors

Updating…

Partner

Updating…

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