Just 24 hours after our co-founders released a video in which an “imminent launch” was mentioned, the cat is out of the bag! The official launch dates for Archimedes are now set!
Launch will be conducted over the course of 1 week, with 2 days you don’t want to forget, the 14th and the 20th of February, 2023!
Archimedes will be launching its Curve Finance liquidity pool, for 3CRV/lvUSD on February 14th.
Liquidity Pool Launch - Phase One
The liquidity pool launch will allow LPs (liquidity providers) to deposit stablecoins into the pool on Curve and begin earning $ARCH token rewards based on a dynamic emissions schedule. Once phase two begins, real yield will be added to the mix and LPs will earn yield from multiple revenue streams.
Leverage Round Launch - Phase Two
The second phase of Archimedes’ launch will include the very first leverage round (aka G(r)eek auction), starting on February the 20th. These leverage rounds are a mechanism for Archimedes to provide LTs (leverage takers) with a fair price for leverage, determined by market demand.
As the anticipation for launch builds, we encourage users to visit the Archimedes whitepaper, available on our homepage at Archimedesfi.com, and to follow us on social media and Discord.