We are pleased to announce that Arcium (ARX) will be listed on BtcTurk | Global.
TABLE OF CONTENTS
📆 Key Timelines
- Deposits & Withdrawals: June 30, 12:00 PM (UTC)
- Trading: July 2, 12:00 PM (UTC)
Key Facts About Arcium (ARX)
- Arcium (ARX) was founded by Yannik Schrade, Nico Schapeler, Lukas Steiner, and Julian Deschler.
- Arcium is a decentralized confidential computing network.
- The Arcium platform uses the Solana network as its underlying infrastructure for core operations, including node management, transaction records, and payments.
- Arcium’s privacy model is focused on data processing. Financial transfers and network records on the Solana blockchain remain transparent.
- ARX is the native token of the Arcium ecosystem and serves as the foundation of the network’s economic model.
- Operators who want to run an Arx node are required to stake ARX tokens as collateral. Users who do not wish to operate a node can delegate their tokens to earn passive rewards.
- ARX also functions as a governance token, allowing holders to vote on protocol upgrades and decisions affecting the future of the network.
- Fees for confidential computing services on the Arcium network are paid in SOL, the native token of the underlying Solana network, rather than in ARX. ARX is used to secure the network, coordinate participants, and power its incentive mechanisms.
- The maximum supply of ARX is capped at 1 billion tokens.
- Explore Arcium’s official website here and discover more detailed information here.
