Ares Protocol

159 Staking Interest
Project Details

Ticker:

ARES


Category:

Oracle


Description:

Ares protocol is a random Oracle solution built on substrate, which supports hybrid BABE and Off-Chain Worker. It is the first decentralized cross-chain Oracle service protocol that can realize on-chain verification, and also open up a compensation channel for data users who suffer business losses due to using Oracle data in Polkadot ecosystem. It integrates On-Chain governance, brings the optimistic rollup challenge model into the realm of Oracle, supports ink contract, and brings a quality Oracle experience to the DeFi ecosystem. As an infrastructure builder bridging the real world and the Blockchain network, facing the grand vision of the Web3.0 era, it provides secure and reliable data services for the development of digital economy and communication between multiple chains.


Profile Completion:
(% of auctions metrics completed)

63 %


Auction Token Metrics

PCL Token Allocation:
(% of total supply allocated for crowdloan)

To be determined


Circulating Supply:
(at time of parachain launch)

68,605,321


Total Supply:

1,000,000,000


Listed Price:

To be determined


Auction Reward:
(No. of tokens allocated for parachain crowdloan)

20,000,000


Reward Vesting Schedule:
(months)

24


Initial Reward Release:
(at time of parachain launch)

1,000,000


Initial Reward/ Circ.Supply:
(initial reward release as % of circulating supply)

To be determined


Leasing Period:
(months)

To be determined


PCL Reward Details:

To be determined


Token Distribution

Token Distribution:

10% foundation reserve
20% slot auction rewards
20% staking rewards
20% private sale
20% team
5% Community building
5% advisors


Private Sale Blended Price:

$ $ 0.03


Private Sale Detail:

To be determined


Sub-Ecosystem

Ecosystem Partnerships:

7



Landscape

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