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Avail announces acquisition of Chain Abstract Protocol Arcana, XAR tokens to be exchanged for AVAIL at a ratio of 4:1
Summary: In a breaking news update, Avail has announced the acquisition of Chain Abstract Protocol Arcana, with all XAR tokens set to be exchanged for AVAIL at a ratio of 4:1. The tools of Arcana will be integrated into the Avail stack, with most of its team members also joining Avail. The unlocked AVAIL from the ...
In a breaking news update, Avail has announced the acquisition of Chain Abstract Protocol Arcana, with all XAR tokens set to be exchanged for AVAIL at a ratio of 4:1. The tools of Arcana will be integrated into the Avail stack, with most of its team members also joining Avail. The unlocked AVAIL from the exchange will be distributed over a period of 6 to 12 months, while tokens belonging to the Arcana team will be unlocked over a span of 3 years. Avail is a modular blockchain infrastructure project backed by Peter Thiel's Founder Fund and other prominent investors.
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Link: Avail announces acquisition of Chain Abstract Protocol Arcana, XAR tokens to be exchanged for AVAIL at a ratio of 4:1 [Copy]
