ArcadeDAO governance token ARCD launched on the Ethereum mainnet

ChainCatcher news, according to official sources, the governance token ARCD of ArcadeDAO has officially launched on the Ethereum mainnet, and it currently supports token transfers and trading to enhance its decentralization process.

It is reported that ARCD token holders can participate in governance decisions, and staking ARCD or staking ARCD/wETH LP tokens in the UniSwap V2 liquidity pool will also earn rewards. Additional ARCD rewards will be allocated to Arcade DApp users, ARCD stakers, and ARCD/wETH LP stakers.

ArcadeDAO has also introduced a unique time-lock feature in its staking process, allowing users to choose a specific time range to stake their tokens, thereby qualifying them for future rewards under the Arcade protocol.