Playgrounds founder: All AICC tokens have been deposited into the Arc Treasury, with 30% used to create AICC/ARC liquidity pairs

2025-01-12 11:21:54

Collection

ChainCatcher news, Tachi, co-founder and CEO of the team behind Arc Playgrounds, announced a strategic partnership with Aiccelerate DAO to provide consulting services for an AI framework based on Rust.

The team has transferred 100% of the AICC token allocation to the Arc Treasury, with 30% allocated to create an AICC/ARC liquidity pair, and the fees generated will be returned to the Arc Treasury for ecosystem development; the remaining 70% is locked in a custodial contract and will be released linearly over the course of a year.

The liquidity pool has been created on the Solana chain, and the custodial contract is implemented through the Streamflow platform. Tachi emphasized that Arc will maintain independent operations, and this collaboration aims to advance the development of AI agents and open-source tools.

(Source Link)

Related tags

Playgrounds AICC Token Arc Treasury

ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click "Report", and we will handle it promptly.