Arable Protocol ACRE

1. Summary

Ranks

Liquidity

21

Developer

-

Social

60

Momentum (beta)

0

Stack Rank™

-

Price

$0.000151670000 -9.9%

Market Cap

$28,625.00 (#7394)

Supply

188.61M / 1.00B

Tags

Yield Farming DeFi Cosmos Ecosystem Avalanche Ecosystem Derivatives Polygon Ecosystem Arbitrum Ecosystem Ethereum Ecosystem BNB Chain Ecosystem Decentralized Exchange (DEX)

More Metrics

Price
52W High price	$0.000789872300
52W High date	25th Mar 2024 (7 months ago)
All Time High (ATH) Date	21st Feb 2022 (2 years ago)
ATH Price	$0.50
% From ATH	-99.98%
All Time Low (ATL) Date	31st Jul 2024 (3 months ago)
ATL Price	$0.000064730000
% From ATL	26.35%

Supply & Trading Volume
Trading Volume (24h)	$54.00
Total Supply	1.00B
Max Supply	1.00B
Circulating Supply	188.61M

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Description

About Arable Protocol

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About Arable Protocol

Arable Protocol is a synthetic yield farming protocol designed to simplify access to multi-chain assets and yields on a single chain. This platform addresses the challenge of bridging assets across different chains, eliminating bridge fees that limit returns. Arable enables multi-chain farming on a single chain supported by incentivized collateral providers (stakers or minters) for synthetic assets, ensuring users receive rewards comparable to native chains.

Features

• Multi-Chain Assets: Users can access assets from various blockchains, such as Ethereum, Avalanche, Solana, Cosmos, and Polygon, on a single chain.
• Synthetic Assets: Arable employs tokenized derivatives (synthetic assets) to replicate the performance of native-chain assets, allowing users to buy or sell assets at native-chain prices.
• Unified Platform: The protocol offers a unified environment for yield farmers to access multiple asset yields on a single chain, reducing the need for bridging and the associated fees.

Mechanisms

• Synthetic Trading: Users can trade synthetic assets on Arable’s decentralized exchange (DEX) without incurring slippage fees.
• Multi-Chain Farming: Users can participate in liquidity pool farms and staking farms across different chains, executing farming strategies in one place.
• Synthetic Farms: Arable provides synthetic farms that mirror the yields (APY) of existing farms on other chains, providing easy multichain yield access on a single chain.

Management and Ecosystem

• Collateral Providers: The platform relies on incentivized collateral providers to mint synthetic assets.
• Reward System: Users receive the same rewards as they would on native chains for staking or minting synthetic assets.
• Security and Auditing: Multiple reputable auditing firms will audit all synthetic ecosystem contracts to ensure the platform’s integrity.

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