What does “launch into EUR/USD” mean?
What does “launch into EUR/USD” mean?
It means creating two markets for the same token: TOKEN/EURC and TOKEN/USDC. Those markets connect through an existing EURC/USDC pool. The result is a triangle of exchange relationships. See how FX works.
Does the token track the EUR/USD exchange rate?
Does the token track the EUR/USD exchange rate?
The currency pair defines the market structure. It does not create a peg, currency reserve claim, or automatic exchange-rate tracking product. The token’s price emerges from trading in its markets.
Are there two versions of the token?
Are there two versions of the token?
Both quote-currency pools trade the same ERC-20 token. A euro-side purchase and a dollar-side purchase acquire the same asset.
Does each launch create another EURC/USDC pool?
Does each launch create another EURC/USDC pool?
An FX launch creates its two token pools and connects them through approved external currency liquidity. The currency pool can serve multiple launches and other market participants.
Can I launch against just one currency?
Can I launch against just one currency?
Yes. Single-currency launches create one token pool and support optional creator and holder fees. Their baseline economics differ from FX-pair markets. See launch a token.
Why can a buy have a very large fee at launch?
Why can a buy have a very large fee at launch?
The configured opening policy applies a temporary surcharge to buys. In the deployed R6 policy, it starts at 99% of the post-normal-fee quote remainder and expires after five seconds of chain time. See the opening window for the exact schedule.
Is an indirect route always better?
Is an indirect route always better?
Compare the final quoted output for the same input. An indirect route may access a better price, but it also adds currency-pool fees, price impact, and execution costs. See trading and routing.
Do token holders receive part of every FX trade?
Do token holders receive part of every FX trade?
Holder rewards are an optional fee-funded feature of ordinary single-currency launches. FX-pair markets and the dedicated official $FX market have holder rewards disabled. See creator and holder fees.
What does the 90/10 split apply to?
What does the 90/10 split apply to?
Eligible protocol revenue after realization in USDC. Ordinary creator claims, holder rewards, and LP principal remain separate. Of eligible receipts, 90% is reserved for $FX market purchases and 10% goes to operations.
Does buy and burn reduce totalSupply?
Does buy and burn reduce totalSupply?
Acquired FX is sent to the configured dead address. The token’s ERC-20
totalSupply remains unchanged. See FX and protocol revenue for the accounting.Can the owner withdraw the reserved buyback money?
Can the owner withdraw the reserved buyback money?
The design provides no administrative exit for the reserved budget. Execution still depends on the registered token, market liquidity, and the installed policy. Owner pause controls can affect when execution is available.
Where are the deployed contracts and public app?
Where are the deployed contracts and public app?
The deployed contracts page lists the Arc mainnet addresses and release manifest. The public app and indexed market API are not hosted yet. Check release status for the launch gate, currency configuration, and official FX registration.
Can I launch a token right now?
Can I launch a token right now?
The contracts are deployed, but the mainnet registry currently has new launches paused. The gate applies to both ordinary launches and the dedicated official-FX launch. See release status for the latest verified state.