Economics
ARCHERY and USDC
The protocol token, network gas asset and disclosed genesis.
Token roles
There is no separate ARC gas token in the Archery deployment. The eight fixture markets pair ARCHERY and the mock assets against the built-in USDC interface; USDC is the routing hub.
| Asset | Role | Decimals |
|---|---|---|
| ARCHERY | Protocol governance and incentives | 18 |
| veArchery | NFT representing a locked ARCHERY position | Not an ERC-20 balance |
| USDC | Trading asset and Arc native gas currency | 6 ERC-20 / 18 native |
Genesis records
These are the recorded Testnet genesis values, not the current circulating supply or a Mainnet allocation. Subsequent emissions can change the total supply.
| Record | Arc Testnet | Arc Mainnet |
|---|---|---|
| Genesis status | complete | TBD |
| Supply at genesis | 500,000,000 ARCHERY | TBD |
| Recipient Safe | 0x11b779eebc21e2e0236eadac99ce940924fb30bf | TBD |
| Genesis block | 62538797 | TBD |
| Permanent locks created | 4 | TBD |
Mainnet genesis
The Arc Mainnet genesis follows the UP33 genesis structure: 500,000,000 ARCHERY minted once, 62.5M liquid and 437.5M as four permanent locks. 500M is not a supply cap; weekly emissions add to the total supply from the first emission epoch.
Vesting schedules and distribution terms for each lock: TBD. Testnet token ownership does not establish a mainnet entitlement.
| Allocation | ARCHERY | Share | Form |
|---|---|---|---|
| Liquid | 62,500,000 | 12.5% | ERC-20, includes the initial ARCHERY/USDC liquidity |
| veNFT #1 | 200,000,000 | 40% | Permanent lock |
| veNFT #2 | 100,000,000 | 20% | Permanent lock |
| veNFT #3 | 100,000,000 | 20% | Permanent lock |
| veNFT #4 | 37,500,000 | 7.5% | Permanent lock |
| Total | 500,000,000 | 100% | Single genesis mint |