Archimedes (ARCH) is a decentralized DeFi protocol on Ethereum that enables users to lend&borrow, and leverage assets. More
| Fully Diluted Valuation | $2.67M |
|---|---|
| 24H Trading Volume | $3 |
| 24H Low / High | $0.00 / $ 0.00 |
| Circulating Supply | 13.50 M |
| Total Supply | 100.00 M |
| Max Supply | 100.00 M |
| Categories | Ethereum Ecosystem |
|---|---|
| Founder | Anonymous |
| Website | archimedesfi.com Whitepaper |
| Socials | 2 more |
| Chains | Ethereum Ecosystem |
| Explorer | Ethplorer 2 more |
| Contracts |
0x73c....e1011
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| Name | Pair | OG Score |
|---|
Archimedes (ARCH) is a decentralized finance (DeFi) platform on the Ethereum blockchain that lets users lend and borrow crypto assets. It aims to provide a secure, transparent, and efficient way for users to earn interest on their assets or borrow funds by offering collateral.
How Lending and Borrowing Work
On Archimedes, users can lend their crypto to earn interest or borrow assets by putting up collateral. The platform automatically adjusts interest rates based on how much demand there is for different assets, ensuring that users get competitive rates and that liquidity is always available.
Community Governance
Archimedes uses decentralized governance, meaning that holders of the ARCH token can vote on important decisions like changes to the protocol or interest rates. This ensures that the community has a say in how the platform evolves.
Collateral and Risk Management
To borrow on Archimedes, users must provide collateral. This collateral is kept safe within the protocol, and the system carefully manages it to reduce risks. The use of stablecoins as collateral adds an extra layer of stability, ensuring that loans are secure.
NFT Integration
A unique feature of Archimedes is that users’ positions can be tokenized and traded as NFTs. This means you can trade your leveraged positions without having to close them, giving you more flexibility and options.
Token Utility and Sustainability
The ARCH token is central to the platform, allowing users to vote, stake, and earn rewards. The tokenomics are designed to ensure long-term sustainability, benefiting everyone who participates in the ecosystem. Archimedes is also open-source, with a transparent and fully public team.
Summary
Archimedes (ARCH) is a DeFi platform that offers a simple and secure way to lend and borrow crypto. With features like decentralized governance, collateral management, and NFT integration, it provides a user-friendly experience while maintaining transparency and security.
Archimedes (ARCH) is unique for its tokenized positions that can be traded as NFTs, allowing users to maintain leverage without unwinding, along with its over-collateralization using battle-tested stablecoins for enhanced security and stability.
Archimedes (ARCH) was founded by a fully doxxed team committed to transparency and open-source development, although specific names are not disclosed.
Uniswap V2 (Ethereum)
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There may be different staking options available such as to participating in DAOs, decentralized governance and revenue sharing. Please watch out for scams. Only consider staking options promoted on the official website of the project and advised partners. Please click here to see the official links and make sure to follow the latest instructions.
This data is dynamic and varies depending on the number of tokens that are being vested/vesting, removed from circulation because of network transactions or burned permanently and staking reward distribution mechanism. According to self-declared data the circulating supply of Archimedes Finance (ARCH) is ($13,501,530), max supply of Archimedes Finance ARCH is ($100,000,000) and the market cap of Archimedes Finance ARCH is ($360,385).
What is the Archimedes Finance (ARCH) price prediction?
Predicting prices in the crypto market is highly speculative and can't be definitively stated. Various factors drive price movements such as macroeconomics, Bitcoin ($btc) and crypto market overall behavior, on-chain activity, whale positionings, growth potential of the project etc. We cannot give any price predictions nor financial advice, but you can look at our comprehensive data, expert user reviews and decide if the product suits your needs! Please do your own research DYOR!
The current market price of Archimedes Finance (ARCH) is $0. As the OGAudit community we mainly focus on features such as use cases, product development, and sustainable growth. However, we also provide real-time market data and coin/token statistics, analytics, price history for popular altcoins. see here.
It is important to do comprehensive research before deciding whether Archimedes Finance (ARCH) or any other cryptocurrency is a good investment. We believe you should ask each of these questions before deciding to invest or make partnerships with any crypto project:
Is this type of digital asset considered legal in your country?
Does Coin (Archimedes Finance ARCH) solve a good problem or offer the best solution?
Do products and services work effectively, and solutions are scalable?
Does the team have a realistic roadmap and can catch up with it?
Does Archimedes Finance (ARCH) have reasonable and sustainable revenue income models?
Can the team market their products and services well?
How decentralized is the governance and how strong is the community?
Has it reached its fair market value yet?
Does the coin/token have enough trading pairs and liquidity?
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