Overview

$AARK has four major utilities within Aark, and these utilities collectively empower stakeholders to participate in decision-making and enhance Aark’s functionality.

In summary, the Fee Sharing utility allows $AARK stakers to earn up to 40% of trading fees, with options for compounding or claiming rewards. Secondly, veTokenomics, inspired by Curve's model, empowers veAARK holders with voting rights to influence trade mining rewards and LP yield distribution. Third, the Fee Discounts offers tiered trading fee reductions to incentivize platform loyalty. Fourth, the Governance puts decision-making in the hands of $AARK holders. Together, these features establish a dynamic ecosystem where stakeholders can contribute to and benefit from Aark's growth and innovation.

1. Fee Sharing

How trading fees are distributed.

$AARK stakers can receive up to 40% of trading fees on Aark Digital.

Stakers of $AARK will have compounding and claiming options for rewards:

1. Compounding: This will re-stake pending Multiplier Points(MP) and Vote Escrowed $AARK(veAARK) the user received as rewards. When staking AARK/veAARK tokens, user earns MP at a fixed rate of 100% APR. This means user earns 1 MP for every 1 GMX staked per year.
   1. MP is capped at the total number of AARK/veAARK staked by the user.
   2. Max MP can boost yield by 2x: A user with max MP will be earning twice higher APR than user who has same staked amount with no MP.
2. Claim: This will immediately transfer pending veAARK and rewards to the user wallet. A complete withdrawal will bring down multiplier points to zero.

veAARK can be used in two ways:

• veAARK can be staked to earn rewards on a 1:1 basis with the standard $AARK.
• veAARK can be vested for $AARK over 1 year. During this period, veAARK will be converted into $AARK pro-rata per-block basis(veAARK is non-transferrable).

2. veTokenomics(4Q24)

veAARK voting for (1)trade mining rewards for traders and (2)yield for LPs

Implementing Curve’s veTokenomics to increase use case for veAARK. veAARK can vote on:

(1) which trade market gets more distribution of trade mining rewards; and