ARCx Community Newsletter #2

Mike Eli
2 min readAug 7, 2021

Overview

  • It’s been a busy week at ARCx as we move closer to the First Phase of the DeFi Passport release in mid-August. We will be releasing an informational blog post via Substack next week that will cover how to apply for a DeFi Passport.
  • We have had almost 200 new people joined the ARCx discord community just this week.
  • Our Aave Passport Skin campaign concluded with combined sales of 1 ETH. Next week’s drop will be a set of Chainlink skins.
  • Our team is growing! We hired another new backend engineer this week.
  • This week we have seen a 10% increase in unique addresses holding the ARCx token as our community continues to expand.
Data from Nansen
  • To ensure this increase in demand for the ARCx Governance token we’ve taken an approach inspired by Olympus DAO, launching our own treasury managed Uniswap v3 position for ARCX/ETH. By taking this approach, the community benefits from a new revenue stream for the ARCx DAO treasury, while having a more consistent source of liquidity around the ARCx token.

We’d love your help!

Know a good developer?

  • Referrals to web2 (or web3) engineers that are interested in getting into crypto. Our jobs board is available here 👉 Jobs at ARCx
  • Referral bonuses available to successful hires!

Want to partner with ARCx?

  • If you work at or know any companies that are launching their token distribution campaigns, let us know since we can help them create a more targeted and efficient campaign!

Interested in contributing to the ARCx DAO?

If you are passionate about what we’re doing join us on discord — we are always looking for new DAO contributors and have a range of developing areas to get more involved! Just fill out the form and we will book you into one of our orientation calls.

--

--