🔺INN🔻
2K posts








Did you know each token that bonds on @thearena from @jasonmdesimone essentially burns 123 @avax If we bond 7.2 million tokens we basically burn the entire total supply of @avax How many tokens bonded so far @AvalancheFDN ? You know what this means?

Some of you don't understand how hard $AVAX is cooking 🔺 Insane announcements coming; PAY ATTENTION



It’s been 1.5 weeks since the release of Arena Launch and Arena DEX. During that time, over $600k has been airdropped to Champions based on the tokens that have bonded. This is in addition to approximately $750k airdropped to Champions from ecosystem tokens prior to Arena Launch being live. In total, since the start of staking, over $1M has been distributed as staking rewards in the $ARENA token. After this week, we will be lowering the APY on $ARENA tokens earned by staking from 30% to 20%. Rewards will still be sent out weekly. Champions will continue to receive 2.5% of the supply of each Arena Launch token that bonds. This also will begin the process of transitioning to more types of social and financial rewards as the system continues to develop and mature.












