Bitget App
Trade smarter
Open
HomepageSign up
Bitget>
News>
Avail announces acquisition of chain abstraction protocol Arcana

Avail announces acquisition of chain abstraction protocol Arcana

金色财经2025/08/27 15:23
AVAIL+1.03%

Jinse Finance reported that the modular blockchain infrastructure project Avail has acquired the chain abstraction protocol Arcana. According to the acquisition agreement, the Avail Foundation will obtain the entire XAR token supply of Arcana, and existing XAR holders can swap their tokens for AVAIL at a 4:1 ratio. The swapped tokens will be unlocked in phases over 6 and 12 months, while the Arcana team's tokens will be gradually unlocked over 3 years. Arcana's chain abstraction and developer tools will be integrated into Avail's technology stack, and most of Arcana's team members will also join Avail.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Trending news

More
1
Solana introduces SIMD-0337 proposal to implement rapid leader handoff mechanism and enhance network performance
2
Jupiter launches Ultra v3 trading engine, offering improved trade execution and MEV protection

Crypto prices

More
Bitcoin
Bitcoin
BTC
$107,113.04
+0.95%
Ethereum
Ethereum
ETH
$3,891.83
+3.06%
Tether USDt
Tether USDt
USDT
$1
+0.03%
BNB
BNB
BNB
$1,119.91
+4.20%
XRP
XRP
XRP
$2.36
+4.71%
Solana
Solana
SOL
$187.55
+5.12%
USDC
USDC
USDC
$0.9998
-0.01%
TRON
TRON
TRX
$0.3124
+0.73%
Dogecoin
Dogecoin
DOGE
$0.1886
+4.59%
Cardano
Cardano
ADA
$0.6332
+3.01%
How to sell PI
Bitget lists PI – Buy or sell PI quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now
Trade smarter