TechFlow News — According to official updates, Arche Network, a customizable financial contracts platform, announced it will conduct the first ARCHE token airdrop on CoinMarketCap on June 2.
Arche Network is governed by its token holders, with governance structured around three core components: the ARCHE token, governance via Arche DAO, and staking (staking ARCHE to obtain vARCHE). ARCHE tokens can be used for contract creation, staking rewards, voting rights, and trading incentives.
Notably, Arche Network enables traders to create financial contracts on blockchain without writing code, making it easier to understand and deploy without requiring advanced technical expertise. Previously, Arche Network raised several million dollars in funding from investors including ParticleXYZ, Ankr, Proverbs Group, LD Capital, 3commas, Prometeus LABs, Basics Capital, Lotus Capital, Moonwhale Capital, Gate LABs, Chain Capital, Candaq, PAKA, DCI Capital, Raptor, Kryptos Research, Momentum 6, and Cinch Block. Additionally, the project has received product support from Stafi Protocol and technical integration support from PARSIQ.
The Arche Network mainnet is scheduled to launch on Ethereum and BSC in Q2, while the Solana version will complete its alpha test in Q2 and go live in Q3.
