TechFlow News, NFT lending platform Arcade has announced that its governance token $ARCD is now live on the Ethereum mainnet. To further drive growth and governance participation, additional $ARCD rewards will be distributed to Arcade dApp users, $ARCD stakers, and $ARCD/wETH LP stakers.
$ARCD/wETH LP positions on Uniswap V2 are eligible for staking, and liquidity providers will receive $ARCD rewards.
Staking $ARCD earns points, which can be redeemed for more $ARCD and qualify holders for future Arcade rewards.
The program is currently at Tier 2 "Hidden Tier," where borrowers and lenders are earning points. There are 10 tiers in total offering redeemable $ARCD points.
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