arkadiko.id.stx

Arkadiko Liquidation Pool

April 20, 2022

Hello Arkadians Loyal followers already knew this upgrade was coming! We have been excited about it for quite some time as its a major improvement on multiple fronts. In this post we dive into the details of the Arkadiko Liquidation Pool, a piece of liquidation infrastructure that improves the Ark...

The USDA Focus

March 02, 2022

Hello my fellow Arkadians In a previous blog post, we explained our thoughts on the developments in the Stacks DeFi ecosystem and how Arkadiko should adapt its product offering to be better equipped to support the movement. Given that other protocols like ALEX are focusing on the decentralized exc...

Reflecting on Arkadiko

February 20, 2022

Hello Arkadians It’s been a while since we’ve put forward our thoughts on the developments in the space and we think it’s a good time to evaluate what has happened and how Arkadiko might adapt to an ever-changing landscape. Back in October we launched Arkadiko, the first and most complex system of...

Arkadiko <> Lydian Partnership (🤝,🤝)

February 04, 2022

Hello Arkadians! We are excited to announce a partnership between Arkadiko and Lydian DAO, an upcoming DeFi-project on Stacks which will bring utility to our stablecoin USDA. Lydian DAO implements the recent paradigm of Protocol Owned Liquidity to create a community-governed farming organization t...

Arkadiko — Q4 2021

January 27, 2022

Hello Arkadians! This is a quarterly update on Arkadiko for the wider community, written by the core contributors. These reports are not financial advice and should serve for informational purposes only :) The numbers below cover the period of our launch (21-OCT-2021) until the 1st of January 2022,...

Welshcorgicoin Listing

December 27, 2021

Hello Arkadians! On behalf of the core contributors and community managers, our best wishes for the new year. We hope all of you can enjoy the holidays together with family and friends and have a great time. One thing 2021 will always be known for is the rise of meme coins. Especially dog coins, h...

Arkadiko xBTC Listing

December 17, 2021

Hello Arkadians, We’ve got some exciting news for you all! xBTC by Tokensoft, a custodial representation of Bitcoin on Stacks has entered its next phase. OkCoin has integrated full support for xBTC, creating an xBTC/BTC market on their exchange as well as enabling deposits and withdrawals of SIP10...

Arkadiko Oracle Glitch Aftermath

December 14, 2021

Hello Arkadians, We’ve had a tumultuous past 12-hours at Arkadiko. A technical glitch on Coinmarketcap resulted in our oracle malfunctioning which led to some undesirable behaviour on the platform. What happened ? Yesterday, 14th of December at roughly 9.30 pm UTC, prices of Coinbase and Coinmark...

Arkadiko Shades NFT

November 30, 2021

Hello Arkadians! We are very excited to announce the release of the Arkadiko Shades, a physical item which can only be obtained by burning the Arkadiko Shades NFT! This completes the trifecta of Uniswap Socks , MangoMarkets Caps and Arkadiko Shades! We hope our Arkadiko Shades can form the holy t...

Arkadiko Swap Detailed Post Mortem

October 27, 2021

Yesterday, we identified a hostile attacker who exploited a bug in Arkadiko Swap that managed to drain some part of the liquidity in the STX/USDA pool. The hacker made off with 400k STX and 740k USDA which is around 1.5 million USD worth of assets at the time of writing. This was around 25% of the ...

Arkadiko Swap Post Mortem

October 27, 2021

We regret to inform you that at block #35441, roughly 7 hours ago a hacker exploited a bug in the Arkadiko Swap smart contract and managed to drain 400K STX and the equivalent in USDA, which was 12% of the total value in the STX-USDA liquidity pool. This only affected STX-USDA on Arkadiko Swap, all...

Arkadiko Post-Launch write-up

October 23, 2021

Fellow Arkadians, Arkadiko Protocol went live three days ago and the response from the community has been incredible. The team is happy to conclude that our launch was an absolute success. Let’s take a look at some numbers. Over 13 million STX was committed to Arkadiko Vaults, which is more than 2...

Arkadiko Launch Information

October 20, 2021

Hello Arkadians, It’s time… Arkadiko is launching at Stacks block 34620, roughly around 4 PM Central European Time. The wait is finally over and soon you will all be able to participate in our glorious adventure. Vaults and Swap will be enabled right from the start, but actual emissions will start...

Arkadiko — Strategic Raise

October 19, 2021

Arkadiko Protocol is excited to announce that we have recently concluded our strategic round which raised a total of 2.5 million USD. The proceeds from the sale will be used to further build out the platform and to foster growth initiatives on Stacks and Arkadiko. Bootstrapping a protocol like Ark...

Arkadiko Products — USDA

October 16, 2021

In our 1st of 3-part multi-blog post series where we introduce various Arkadiko products to our community, we would like to introduce one of our core products, which is key to establishing DeFi on Bitcoin and also the Arkadiko ecosystem. USDA USDA (USD Arkadiko) is a stablecoin issued via Arkadiko...

The Arkadiko Vision

October 13, 2021

Arkadiko has come a long way since our initial announcement, and are heartened by the community’s support for our project. Today, we hope to share our vision for Arkadiko with the community and the role it plays in the wider Stacks ecosystem. Arkadiko Finance was named after the Arkadiko bridge, a ...

A brief history of Stablecoins

September 28, 2021

Cryptocurrencies, widely known for their underlying technology and volatile nature, were first introduced to the world in 2008 when Satoshi Nakamoto published the Bitcoin Whitepaper. Since then, blockchain technology which powers the Bitcoin Network was further developed by various enthusiasts, comp...

Gearing up for Testnet ⚙️

June 09, 2021

Hello Stackers! We hope you survived the market turbulence of the past few weeks. We sure did and went heads down into the preparation of Arkadiko testnet. As promised, here are some details on our upcoming testnet launch. Arkadiko is going live on testnet on the 16th of June, so mark that date in...

Digging Deeper: xUSD and DIKO

May 31, 2021

Digging deeper: xUSD and DIKO The Arkadiko protocol introduces two fungible tokens: xUSD and DIKO. Applications that need stable value can start integrating xUSD to enable trading, lending, swapping, prediction markets, gaming, gambling, e-commerce, fiat-off ramps, borrowing against tokenized stoc...

Arkadiko - Hello World

May 10, 2021

We’re excited to unveil the Arkadiko Protocol today, a crypto-collateralised decentralised stablecoin (xUSD, soft-pegged to 1 USD) and lending platform that provides liquidity for all DeFi built on top of Stacks and Bitcoin. We are in the midst of a gigantic bull market at the time of writing (May ...