Review Ariadne Finance ($ARDN) – – The new Defi leading thread
Ariadne Finance’s goal is to make users forget what chain they are using and minimize the gas fees. With Defi, people are exposed to rapidly appreciating and highly volatile assets while maintaining USD-protected positions. However, Ethereum has much too high gas fees. Ariadne enables users to move capitals from across one or multiple blockchains quicker and cheaper in a trustless way. Ariadne will save you a lot of time and money.
What is Ariadne Finance?
Ariadne Finance is the concept of a multi-chain capital “moving company” that allows moving assets through (any) number of farms or accounts across blockchains. Ariadne aims to be the most secure, friendly, and inexpensive option to move your capital across one or multiple blockchains. If you want to take out some USDT from your LP positions on Layer-2, or move your farms to another network, Ariadne will calculate all the costs beforehand and save you much time and money.
Outstanding features
What is the project trying to achieve?
The current problems in Defi are high fees, unreliable bridges and complex UX. From the initial concept of a capital “moving company”, Ariadne’s ultimate goal is to give users the best experience by making the metamask network switching easier, lowering gas fees, exposing users to each and every opportunity. Ariadne offers established high TVL “deposit accounts”, high-risk degen farms, and new projects pools.
It enables users of any supported chain to enter/exit yield farms on a multitude of blockchains, with virtually no lower limit of investment. Users no longer have to deal with bridges, swaps and slippage, transaction costs on receiving blockchains, etc.
$ARDN token will exist in both native (cross-blockchain) and wrapped versions for every blockchain we support. This means users no longer have to worry about native currency tx costs and multi-step operations for things like getting funds from LP positions from one blockchain onto another. All it will take is to approve the transaction steps and a total cost will be calculated in the native currencies of all the blockchains involved and converted to the para-token.
The user’s para-token balance should be in the native state to authorize the payment to Ariadne. Once approved, the token balance is burned and liquidity from the pools of the native currencies is used to pay for transactions in each of the chains of the Ariadne path.
What is the unique selling point?
Farming and farm tokens
Ariadne will work with several farms on multiple blockchains (ETH, BSC, HECO, Solana, 0xPolygon). Liquidity can either be provided either in advance and independently, or allocated upon decision by the DAO (v2). Users can ultimately farm the ar_farm and earn ARDN incentive on top.
Cross-chain and liquidity management
Using the Allbridge tech for cross-chain infrastructure, Ariadne builds a liquidity management network on top of it and strives to deliver a trouble-free moving of capital. Every participating farm will have an “instant liquidity” and expandable space. The blockchain-dependant liquidity is also be managed automatically.
Home network, monetization and liquidity management
While wrapped ar_farm tokens will exist on multiple blockchains, there will be a low-cost network to host both native token (ARDN) and manage both farming and bridging (cross-blockchain) liquidity. Ariadne will also take a withdrawal fee on the exit of ar_farm token(s). Ariadne also performs as a yield aggregator on a single blockchain level. Harvesting/compounding is based on a set or rules.
Roadmap
Technical data
Key Metrics
- Token Name: Ariadne Finance Tokens
- Token Ticker: ARDN
- Blockchain: Binance Smart Chain
- Token Standard: BEP 20
- Contract: TBA
- Token Type: Utility
- Total Supply: 25,000,000
- Circulating Supply: 300,000 (1.2% of Total Token Supply) (After being listed on Impossible Finance IDO).
Token Allocation
TBA
Token Sale
Ariadne’s IDO is on Impossible Finance Launchpad. The public sale takes place on 2021/11/03 at 5:00 AM (UTC). Staking subscription starts from Oct 13th 2021 5:00 AM (UTC) to estimatedly Nov 3rd 2021 5:00 AM (UTC).
Ariadne Token Sale Details:
- Token Ticker: $ARDN
- Launchpad Sale Hard Cap: 150,000 USD (split into multiple pools)*
– Standard pool: 75,000 USD
– Unlimited pool: 75,000 USD - Token vesting
– 2021/11/04 – 33% ARDN token released on day 1; the remaining ARDN tokens are released 6 months later. - Total Token Supply: 25,000,000 ARDN
- Tokens Allocated to Impossible Launchpad: 300,000 ARDN (1.2% of Total Token Supply)
- Public Sale Token Price: 1 ARDN = 0.5 BUSD
- Listing Price: TBC
- Token Sale Format: Staking Subscription
- Sector: Impossible Finance Infrastructure Track
- Supported Staking Tracks: IDIA staking only
- KYC requirements: Residents from countries or regions such as US, Mainland China, and UN-sanctioned countries are excluded from participating.
Token Release Schedule
- 33% of ARDN will be paid on the first day on 4/11/2021.
- The remaining ARDN tokens will be released after 6 months on May 4, 2022.
Token Use Case
TBA
Markets and Community
Backers
Team/Founders
Investors
Ariadne Finance has announced Exnetwork Capital and Supernova as its investors.
Conclusion
Ariadne Finance is a multi-chain aggregator and para-token powered dashboard that enables users to move assets cheaper and faster across one or multiple blockchains. The future versions might include more strategies, Uni V3 LP strategy via a third-party, DAO-driven farming implementations and ARDN staking, etc. The native token of Ariadne is likely to hold strong potential.
Please stay tuned for more information on this project.
Find more information about Ariadne Finance:
Website: https://ariadne.finance/
Telegram: https://t.me/ariadne_finance
Twitter: https://twitter.com/Ariadne_finance
If you have any questions, comments, suggestions, or ideas about the project, please email ventures@coincu.com.
Emma
Coincu Research