Nablans! As announced on Twitter, we are launching on Arbitrum One by August 9th at 8 AM UTC.
Let's break down the 4 phases in which the launch will happen!
First Phase: The Backstop Pool (BSP) Launch.
This will be the initial phase; only the Mainnet Alpha NFT holders can provide liquidity in the BSP with a personal cap of 10k USDC. The BSP holds Native USDC and has a total TVL cap of 100k.
This pool will be the most rewarding. See the rewards here.
BSP deposits are subject to a 60-day 30-day wait period for withdrawals. This means you must wait for the 60 days to expire before you can withdraw the BSP assets.
If you decide to change your withdrawal amount during the wait period, this will reset the timer.
Second Phase: The Launch of Swap Pools' Deposits
We'll launch the swap pools after the BSP's TVL hits 50k.
There are no personal caps for the swap pool deposits as long as the pool isn't full, making them an excellent choice for LPs with a lower risk appetite. There are 5 swap pools:
WETH ( 0x82aF49447D8a07e3bd95BD0d56f35241523fBab1 )
Native USDC ( 0xaf88d065e77c8cC2239327C5EDb3A432268e5831 )
USDT ( 0xFd086bC7CD5C481DCC9C85ebE478A1C0b69FCbb9 )
ARB ( 0x912CE59144191C1204E64559FE8253a0e49E6548 )
WBTC ( 0x2f2a2543B76A4166549F7aaB2e75Bef0aefC5B0f )
You can withdraw swap pool assets anytime.
For the first three days, NFT holders will have exclusive access to deposits. This is your opportunity to get in early and secure your spot! 💪
If we don't hit the pool caps in 3 days or decide to increase them, the whitelist will expand to the waitlist.
Third phase: Swap Access for the Partners.
Initially, swaps will only be available to our strategic partners.
We’ll fine-tune the trading parameters during this time to ensure everything runs smoothly.
Fourth Phase: The NFT Holders are able to swap
After two weeks, swaps will be open to "Mainnet NFT holders."
This is your chance to boost your points and get the most out of your rewards!
One thing to remember is that you are aware of both the risks and the benefits.
Check this article to learn more about risks and benefits:
https://docs.nabla.fi/mainnet-alpha-on-arbitrum/risks-and-benefits-of-being-a-mainnet-alpha-lp
If you have questions, listen to the recent Mainnet Alpha Twitter Space
