Arrow Markets

About Arrow Markets

{"time":1720098418010,"blocks":[{"id":"lFCjaVY9cY","type":"header","data":{"text":"Highlights","level":6},"tunes":{"alignment":{"alignment":"left"}}},{"id":"JSrQk6YCHo","type":"list","data":{"style":"unordered","items":["\u003cb\u003eUser-Centric Design:\u0026nbsp;\u003c/b\u003eArrow Markets has developed a user-focused web3 options trading platform, offering learning opportunities through trading testnet, trading competitions, and web3 social integrations.","\u003cb\u003eInnovative RFE System\u0026nbsp;Built on Robust Technology\u003c/b\u003e: Our unique Request-for-Execution (RFE) system facilitates competitive pricing and enhanced liquidity. The platform operates on Avalanche C-chain, with plans to expand to Berachain.\u003cbr\u003e","\u003cb\u003eStrong Community Support\u0026nbsp;and Prominent Investors\u003c/b\u003e: With over 50,000 Twitter followers, 35,000 Discord members, 25,000 Telegram users, and 28,000 socials verified sign-ups for the V2 waitlist, demonstrating strong market interest. Additionally, the company has secured $4MM in Series A funding from leading VCs such as Framework, Delphi Digital, and Blizzard between 2022-2024."]},"tunes":{"alignment":{"alignment":"left"}}},{"id":"whMayrFVk8","type":"list","data":{"style":"unordered","items":["\u003cb\u003eStrategic Growth through Accelerator:\u003c/b\u003e As part of Alliance DAO’s accelerator program, we benefit from industry insights and networking opportunities for strategic growth.","Initial Circulating Supply (excl. liquidity): 1.44M ARROW (+180k ARROW initial marketing)\u003cbr\u003e","TGE time: 22 May 11AM UTC , Tokens Unlock at 11:15AM UTC\u003cbr\u003e","Vesting Details: 25% unlocked at TGE, weekly vesting beginning immediately over 4 months (16 weekly unlocks with 4.6875% released each week)\u003cbr\u003e"]},"tunes":{"alignment":{"alignment":"left"}}},{"id":"zJIVIYF-E0","type":"paragraph","data":{"text":"DISCLAIMER"},"tunes":{"alignment":{"alignment":"left"}}},{"id":"wCXrTfKtx-","type":"header","data":{"text":"**ARROW MARKETS AND THE $ARROW TOKEN ARE NOT AVAILABLE TO USERS IN THE UNITED STATES OR OTHER PROHIBITED JURISDICTIONS. THE BELOW IS NOT INTENDED FOR VIEW BY ANY PARTICIPANTS IN A PROHIBITED JURISDICTION**\u0026nbsp;","level":3},"tunes":{"alignment":{"alignment":"left"}}},{"id":"__g98Y-evN","type":"paragraph","data":{"text":"The article is for informational purposes only, and is not legal, tax, investment, financial, or other type of advice. Nothing contained in this article constitutes a solicitation, recommendation, endorsement, or offer to buy or sell securities, financial instruments, or digital assets of any kind."},"tunes":{"alignment":{"alignment":"left"}}},{"id":"wwzVB2V65H","type":"paragraph","data":{"text":"This article contains information that is of a general nature and does not address the circumstances of any particular person. Readers assume the sole responsibility of evaluating the merits and risks associated with the use of any information contained in this article before making any decisions based on such information.\u003cbr\u003e\u003cbr\u003e"},"tunes":{"alignment":{"alignment":"left"}}},{"id":"VnEpwNh6yr","type":"header","data":{"text":"Product","level":6},"tunes":{"alignment":{"alignment":"left"}}},{"id":"QjQ7EQsuS_","type":"header","data":{"text":"Optimized hybrid web3 options trading platform tailored for both novice and experienced traders.\u0026nbsp;","level":1},"tunes":{"alignment":{"alignment":"left"}}},{"id":"5fUOlkc4-j","type":"paragraph","data":{"text":"Arrow Markets is pioneering the decentralized options economy—a web3 options trading platform optimized for an exceptional user experience. At the core of the Arrow ecosystem lies the $ARROW utility token, a driving force behind the platform's mission to democratize options trading and bridge the gap between simplicity and sophistication."},"tunes":{"alignment":{"alignment":"left"}}},{"id":"HMFxvIm4aC","type":"paragraph","data":{"text":"For novice traders, Arrow Markets offers a guided \"Lite Mode,\" streamlining the process of executing complex options strategies with just a few clicks. Initially launching with\u0026nbsp; BTC and ETH as underlying assets, the platform plans to expand its asset offerings in the future to AVAX, SOL, BERA, and other underliers to cater to the diverse needs of traders. Furthermore, the platform is designed for seamless access, streamlining the onboarding process and removing barriers to entry. These innovative features empower beginners to navigate the complexities of options trading with ease, lowering the barriers to entry and promoting widespread adoption."},"tunes":{"alignment":{"alignment":"left"}}},{"id":"DCmbuXxWKK","type":"paragraph","data":{"text":"Concurrently, advanced traders can leverage the \"Pro Mode,\" featuring a traditional options chain view for in-depth analysis and execution. This dual approach caters to traders of all experience levels, ensuring a seamless and intuitive trading experience across the board."},"tunes":{"alignment":{"alignment":"left"}}},{"id":"8kMCLKA7px","type":"image","data":{"file":{"id":659,"name":"Trading-Lite.png","alternativeText":null,"caption":null,"width":3840,"height":2160,"formats":{"large":{"ext":".png","url":"https://assets.polkastarter.com/large_Trading_Lite_35178a4f75/large_Trading_Lite_35178a4f75.png","hash":"large_Trading_Lite_35178a4f75","mime":"image/png","name":"large_Trading-Lite.png","path":null,"size":153.55,"width":1920,"height":1080},"small":{"ext":".png","url":"https://assets.polkastarter.com/small_Trading_Lite_35178a4f75/small_Trading_Lite_35178a4f75.png","hash":"small_Trading_Lite_35178a4f75","mime":"image/png","name":"small_Trading-Lite.png","path":null,"size":27.14,"width":500,"height":281},"medium":{"ext":".png","url":"https://assets.polkastarter.com/medium_Trading_Lite_35178a4f75/medium_Trading_Lite_35178a4f75.png","hash":"medium_Trading_Lite_35178a4f75","mime":"image/png","name":"medium_Trading-Lite.png","path":null,"size":69.51,"width":1000,"height":563},"xlarge":{"ext":".png","url":"https://assets.polkastarter.com/xlarge_Trading_Lite_35178a4f75/xlarge_Trading_Lite_35178a4f75.png","hash":"xlarge_Trading_Lite_35178a4f75","mime":"image/png","name":"xlarge_Trading-Lite.png","path":null,"size":222.72,"width":2400,"height":1350},"xsmall":{"ext":".png","url":"https://assets.polkastarter.com/xsmall_Trading_Lite_35178a4f75/xsmall_Trading_Lite_35178a4f75.png","hash":"xsmall_Trading_Lite_35178a4f75","mime":"image/png","name":"xsmall_Trading-Lite.png","path":null,"size":1.62,"width":64,"height":36},"thumbnail":{"ext":".png","url":"https://assets.polkastarter.com/thumbnail_Trading_Lite_35178a4f75/thumbnail_Trading_Lite_35178a4f75.png","hash":"thumbnail_Trading_Lite_35178a4f75","mime":"image/png","name":"thumbnail_Trading-Lite.png","path":null,"size":9.94,"width":245,"height":138}},"hash":"Trading_Lite_35178a4f75","ext":".png","mime":"image/png","size":88.25,"url":"https://assets.polkastarter.com/Trading_Lite_35178a4f75/Trading_Lite_35178a4f75.png","previewUrl":null,"provider":"@strapi-community/strapi-provider-upload-google-cloud-storage","provider_metadata":null,"folderPath":"/","createdAt":"2024-04-26T08:49:51.493Z","updatedAt":"2024-04-26T08:49:51.493Z","placeholder":"data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAAAoAAAAGCAIAAAB1kpiRAAAACXBIWXMAABYlAAAWJQFJUiTwAAAAnklEQVR4nEXMsQqDMBSFYR8oi4OvUByKq4UkdcjNEC4uCeJgxFIcY4cW7dSskZY+W16h0BY868f5k+S7LMu899b2SilENKaxtkfEnyZpmsYYQwjOOcR6XZ+Ulnm++zMhRAhRHSsA2banabqM58cw3Dee51lrbUyjtS6K/e36XpbXFnfOcc4AJOcMsaa0ZOywvb33XddJqThnQggACSA/mLU+P4yhcF4AAAAASUVORK5CYII="},"caption":"","withBorder":false,"stretched":false,"withBackground":false,"url":"https://assets.polkastarter.com/Trading_Lite_35178a4f75/Trading_Lite_35178a4f75.png"}},{"id":"jJXRqtWOtz","type":"paragraph","data":{"text":"Complementing the trading functionality, Arrow Markets provides a comprehensive suite of tools and resources to support and enhance the user journey. Portfolio tracking capabilities and valuable insights into trading strategies with web3 quests that empower users to refine their approaches continually. Moreover, the platform prioritizes education, offering resources such as a testnet environment, trading competitions, and seamless integration with web3 social communities. This holistic approach nurtures a vibrant ecosystem where traders can learn, interact, and thrive."},"tunes":{"alignment":{"alignment":"left"}}},{"id":"uQBLb1PrPL","type":"image","data":{"file":{"id":658,"name":"Trading-Pro.png","alternativeText":null,"caption":null,"width":3840,"height":2160,"formats":{"large":{"ext":".png","url":"https://assets.polkastarter.com/large_Trading_Pro_f67bf9183f/large_Trading_Pro_f67bf9183f.png","hash":"large_Trading_Pro_f67bf9183f","mime":"image/png","name":"large_Trading-Pro.png","path":null,"size":206.36,"width":1920,"height":1080},"small":{"ext":".png","url":"https://assets.polkastarter.com/small_Trading_Pro_f67bf9183f/small_Trading_Pro_f67bf9183f.png","hash":"small_Trading_Pro_f67bf9183f","mime":"image/png","name":"small_Trading-Pro.png","path":null,"size":34.18,"width":500,"height":281},"medium":{"ext":".png","url":"https://assets.polkastarter.com/medium_Trading_Pro_f67bf9183f/medium_Trading_Pro_f67bf9183f.png","hash":"medium_Trading_Pro_f67bf9183f","mime":"image/png","name":"medium_Trading-Pro.png","path":null,"size":89.37,"width":1000,"height":563},"xlarge":{"ext":".png","url":"https://assets.polkastarter.com/xlarge_Trading_Pro_f67bf9183f/xlarge_Trading_Pro_f67bf9183f.png","hash":"xlarge_Trading_Pro_f67bf9183f","mime":"image/png","name":"xlarge_Trading-Pro.png","path":null,"size":301.44,"width":2400,"height":1350},"xsmall":{"ext":".png","url":"https://assets.polkastarter.com/xsmall_Trading_Pro_f67bf9183f/xsmall_Trading_Pro_f67bf9183f.png","hash":"xsmall_Trading_Pro_f67bf9183f","mime":"image/png","name":"xsmall_Trading-Pro.png","path":null,"size":2.08,"width":64,"height":36},"thumbnail":{"ext":".png","url":"https://assets.polkastarter.com/thumbnail_Trading_Pro_f67bf9183f/thumbnail_Trading_Pro_f67bf9183f.png","hash":"thumbnail_Trading_Pro_f67bf9183f","mime":"image/png","name":"thumbnail_Trading-Pro.png","path":null,"size":12.77,"width":245,"height":138}},"hash":"Trading_Pro_f67bf9183f","ext":".png","mime":"image/png","size":118.3,"url":"https://assets.polkastarter.com/Trading_Pro_f67bf9183f/Trading_Pro_f67bf9183f.png","previewUrl":null,"provider":"@strapi-community/strapi-provider-upload-google-cloud-storage","provider_metadata":null,"folderPath":"/","createdAt":"2024-04-26T08:49:37.747Z","updatedAt":"2024-04-26T08:49:37.747Z","placeholder":"data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAAAoAAAAGCAIAAAB1kpiRAAAACXBIWXMAABYlAAAWJQFJUiTwAAAAqElEQVR4nGNgYGCIjY2ZOnVqdXV1cnJyUVFhTU1tdXW1i4sLAwTExsZ8+PBx+fLlPT09OTl5PT09EZGhlpYWUGk7O7vk5OSE+KSUlNSmxr6cnLwbl/6HhKZApV1cXOpqa7OzswsKCwoLc9093Ntapvj6BEKlPT09m5ubs7Iy21smzZ+9z9PTIywswt7eAaG7ubm5qKiwrLSsrKwuOyMjLCzCysqagYEBAG5tPgdZowmqAAAAAElFTkSuQmCC"},"caption":"","withBorder":false,"stretched":false,"withBackground":false,"url":"https://assets.polkastarter.com/Trading_Pro_f67bf9183f/Trading_Pro_f67bf9183f.png"}},{"id":"UJgrADgo5y","type":"paragraph","data":{"text":"At the heart of Arrow Markets lies an innovative RFE (Request for Execution) system, which is an advanced form of Request for Quote (RFQ), enhances the user experience by providing efficient pricing and reducing the risk of stale quotes. Unlike traditional RFQ systems, where market makers must honor quotes over a time window, potentially leading to wider bid-ask spreads due to stale quote risk, the RFE system requests a reference quote from market makers, which users can then use with a slippage tolerance to submit a final execution request. Arrow masks the user's slippage tolerance, swiftly pings market makers for their final quotes, and selects the best quote within the tolerance, rejecting any stale quotes. This approach exposes market makers to less risk, allowing them to quote tighter bid-ask spreads while giving users control over their slippage tolerance, creating a win-win situation for both parties. In conjunction with the RFE system, Arrow also implements a KPI driven reward system for market makers to compete on providing the best quotes and liquidity for the options markets offered on the platform."},"tunes":{"alignment":{"alignment":"left"}}},{"id":"NHVzK9WpQW","type":"paragraph","data":{"text":"Finally, Arrow is in later stages of development of a margin system that is more capital efficient than the leading CEX margin systems. Furthermore the methodology"},"tunes":{"alignment":{"alignment":"left"}}},{"id":"odLZQc8HeS","type":"image","data":{"file":{"id":663,"name":"image3.png","alternativeText":null,"caption":null,"width":1999,"height":1125,"formats":{"large":{"ext":".png","url":"https://assets.polkastarter.com/large_image3_b8eb01a82e/large_image3_b8eb01a82e.png","hash":"large_image3_b8eb01a82e","mime":"image/png","name":"large_image3.png","path":null,"size":343.24,"width":1920,"height":1081},"small":{"ext":".png","url":"https://assets.polkastarter.com/small_image3_b8eb01a82e/small_image3_b8eb01a82e.png","hash":"small_image3_b8eb01a82e","mime":"image/png","name":"small_image3.png","path":null,"size":46.69,"width":500,"height":281},"medium":{"ext":".png","url":"https://assets.polkastarter.com/medium_image3_b8eb01a82e/medium_image3_b8eb01a82e.png","hash":"medium_image3_b8eb01a82e","mime":"image/png","name":"medium_image3.png","path":null,"size":131.96,"width":1000,"height":563},"xsmall":{"ext":".png","url":"https://assets.polkastarter.com/xsmall_image3_b8eb01a82e/xsmall_image3_b8eb01a82e.png","hash":"xsmall_image3_b8eb01a82e","mime":"image/png","name":"xsmall_image3.png","path":null,"size":2.74,"width":64,"height":36},"thumbnail":{"ext":".png","url":"https://assets.polkastarter.com/thumbnail_image3_b8eb01a82e/thumbnail_image3_b8eb01a82e.png","hash":"thumbnail_image3_b8eb01a82e","mime":"image/png","name":"thumbnail_image3.png","path":null,"size":16.15,"width":245,"height":138}},"hash":"image3_b8eb01a82e","ext":".png","mime":"image/png","size":59.23,"url":"https://assets.polkastarter.com/image3_b8eb01a82e/image3_b8eb01a82e.png","previewUrl":null,"provider":"@strapi-community/strapi-provider-upload-google-cloud-storage","provider_metadata":null,"folderPath":"/","createdAt":"2024-04-26T08:55:20.149Z","updatedAt":"2024-04-26T08:55:20.149Z","placeholder":"data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAAAoAAAAGCAIAAAB1kpiRAAAACXBIWXMAAAsTAAALEwEAmpwYAAAAuklEQVR4nB3BSwrCMBAA0DmB93QjCK4EL6HgBao3kIIIIn5IRbow/mLUdEjG2jag0kWs1oXge3DYq/liz9hxuRSr1dHaW5LERKQUbvgZpLyu1wnnGAQoRTKd7aazXZrFl4uVgoCxk9cPt9soip5F8Wl3xt3uxNqULUx8uwPnOJ6gEGY45L7Pe73A89jjkdIfZJnL87IoSqg0AKrfb+nc27k3Rs88fwGiRtREplYfNFsjIkLUWpswlEqZHwOek0qKR3R3AAAAAElFTkSuQmCC"},"caption":"","withBorder":false,"stretched":false,"withBackground":false,"url":"https://assets.polkastarter.com/image3_b8eb01a82e/image3_b8eb01a82e.png"}},{"id":"QB41i0zcl_","type":"header","data":{"text":"Problem","level":6},"tunes":{"alignment":{"alignment":"left"}}},{"id":"VcBkjN_irQ","type":"header","data":{"text":"The decentralized options trading landscape has faced several challenges that have hindered widespread adoption. ","level":1},"tunes":{"alignment":{"alignment":"left"}}},{"id":"BPO_k8WQIs","type":"paragraph","data":{"text":"Inefficient pricing mechanisms, when compared to centralized platforms, have made it difficult for decentralized solutions to remain competitive, potentially deterring traders seeking optimal execution."},"tunes":{"alignment":{"alignment":"left"}}},{"id":"ryFRW8sxGA","type":"paragraph","data":{"text":"Additionally, the inherent complexity of options trading has created a steep learning curve, limiting the entry of retail traders unfamiliar with these financial instruments. The lack of practice environments and educational resources further exacerbates this issue, as potential users may be hesitant to risk capital without gaining proficiency first."},"tunes":{"alignment":{"alignment":"left"}}},{"id":"EvwGsodY6o","type":"paragraph","data":{"text":"Moreover, the overconcentration on BTC and ETH options has left a significant portion of the market underserved, with limited options for altcoin and other asset underliers. This lack of diversity may restrict the platform's appeal to a broader audience with diverse trading preferences."},"tunes":{"alignment":{"alignment":"left"}}},{"id":"qSVdVvw-WN","type":"header","data":{"text":"Solution","level":6},"tunes":{"alignment":{"alignment":"left"}}},{"id":"MfpTA9Lud_","type":"header","data":{"text":"Innovative RFE System","level":1},"tunes":{"alignment":{"alignment":"left"}}},{"id":"Z23CWwDGoA","type":"paragraph","data":{"text":"Arrow Markets tackles these challenges head-on, presenting a comprehensive solution tailored to the needs of Crypto Traders. At its core, the platform's RFE system, coupled with KPI-driven market maker incentives, ensures competitive pricing, fostering a fair and efficient trading environment that can rival centralized counterparts."},"tunes":{"alignment":{"alignment":"left"}}},{"id":"OEW4j4lNMz","type":"paragraph","data":{"text":"Recognizing the barriers to entry for retail traders, Arrow Markets has developed a simple, guided user interface through its \"Lite Mode.\" This feature empowers beginners to navigate the complexities of options trading with ease, lowering the barriers to entry and promoting widespread adoption."},"tunes":{"alignment":{"alignment":"left"}}},{"id":"FD0t-7eW8e","type":"paragraph","data":{"text":"Moreover, Arrow Markets nurtures a vibrant options trading community by offering testnet environments, trading competitions, and seamless web3 social integrations. This approach not only provides a risk-free learning environment but also cultivates a sense of camaraderie and knowledge-sharing among traders, addressing the need for educational resources and practice opportunities."},"tunes":{"alignment":{"alignment":"left"}}},{"id":"PMUlE77aR_","type":"paragraph","data":{"text":"Addressing the limited asset diversity, Arrow Markets has cemented deals with Market Makers to offer options on a broad range of crypto and altcoin underliers, catering to the diverse needs of traders beyond the traditional BTC and ETH markets. This expanded offering is planned to be rolled out over the next few months and will enhance the platform's appeal and create new opportunities for traders."},"tunes":{"alignment":{"alignment":"left"}}},{"id":"B2vhM2iYDo","type":"header","data":{"text":"Business Model","level":6},"tunes":{"alignment":{"alignment":"left"}}},{"id":"jC1mXxS2c5","type":"header","data":{"text":" Margin Trading and Associated Fees","level":1},"tunes":{"alignment":{"alignment":"left"}}},{"id":"yYtSaDn8jF","type":"paragraph","data":{"text":"Similar to centralized exchanges such as Deribit, the main source of revenue for Arrow Markets will come from platform fees such as the currently imposed trading fees (0.3% of premium). In the near future, as part of the margin system, Arrow will also assess and collect borrow fees and liquidation fees."},"tunes":{"alignment":{"alignment":"left"}}},{"id":"HC_z7kqa7Y","type":"paragraph","data":{"text":"Margin Trading and Associated Fees."},"tunes":{"alignment":{"alignment":"left"}}},{"id":"NxWuNI34h-","type":"paragraph","data":{"text":"To facilitate margin trading, Arrow Markets will offer a borrowing program that allows traders to amplify their buying power by using borrowed funds. This section details the mechanics of borrow fees and margin requirements"},"tunes":{"alignment":{"alignment":"left"}}},{"id":"s6-OHdQMIM","type":"paragraph","data":{"text":"\u003cb\u003eBorrow Fees\u003c/b\u003e"},"tunes":{"alignment":{"alignment":"left"}}},{"id":"nGfvw4MAR8","type":"list","data":{"style":"unordered","items":["When a trader uses borrowed funds to buy or sell options contracts on Arrow Markets, they incur borrow fees. These fees represent the interest charged on the borrowed amount.","Arrow will establish a borrow rate, typically expressed as an annual percentage rate (APR). This rate may vary depending on the length of the borrow (overnight vs. longer term).","The borrow fee is calculated by multiplying the borrow rate by the borrowed amount and the duration the position is held."]},"tunes":{"alignment":{"alignment":"left"}}},{"id":"c4WsWouB4W","type":"paragraph","data":{"text":"\u003cb\u003eExample:\u003c/b\u003e"},"tunes":{"alignment":{"alignment":"left"}}},{"id":"KTLpkGUmty","type":"list","data":{"style":"unordered","items":["A trader borrows $1,000 to purchase a call option on Arrow Markets.","The prevailing borrow rate is 5% APR.","The trader holds the position for 30 days (1 month).","Daily interest rate = (5% APR) / (365 days/year) = 0.0137%","Borrow fee = $1,000 x 0.0137% x 30 days = $4.11\u003cbr\u003e"]},"tunes":{"alignment":{"alignment":"left"}}},{"id":"P3LQIw6u0U","type":"paragraph","data":{"text":"\u003cb\u003eMargin\u003c/b\u003e"},"tunes":{"alignment":{"alignment":"left"}}},{"id":"ULBiZzevC-","type":"list","data":{"style":"unordered","items":["Margin refers to the minimum amount of a trader's own capital required to maintain a position involving borrowed funds. It serves as collateral for Arrow Markets in case the option's value moves against the trader.","Arrow Markets will set margin requirements, expressed as a percentage of the position's value. This requirement can vary depending on the option type (calls vs. puts) and the underlying asset's volatility. Options on more volatile assets will typically require a higher margin.","\u003cb\u003eMaintenance Margin: \u003c/b\u003eThis is a minimum equity level that must be maintained in your account relative to the total value of your positions. If your account falls below this level due to market movements, you may receive a margin call requiring you to deposit additional funds or liquidate some of your positions to meet the maintenance margin requirement."]},"tunes":{"alignment":{"alignment":"left"}}},{"id":"iOx4mF4a0N","type":"paragraph","data":{"text":"\u003cb\u003eLiquidation Fees:\u003c/b\u003e"},"tunes":{"alignment":{"alignment":"left"}}},{"id":"KJaIJlkgV9","type":"list","data":{"style":"unordered","items":["A liquidation fee is charged if your account falls below the maintenance margin requirement and you fail to meet a margin call. In such a scenario, Arrow Markets will forcefully sell your options positions to recover its loaned funds.\u003cbr\u003e","The fee structure for liquidation can be a flat fee or a percentage of the liquidated position's value."]},"tunes":{"alignment":{"alignment":"left"}}},{"id":"qG2iYD22-O","type":"header","data":{"text":"Token Utility","level":6},"tunes":{"alignment":{"alignment":"left"}}},{"id":"TX5gPri9l7","type":"header","data":{"text":"$ARROW is an Avalanche ERC-20 token native to the Arrow ecosystem.\u0026nbsp;","level":1},"tunes":{"alignment":{"alignment":"left"}}},{"id":"nJEf01MC6v","type":"paragraph","data":{"text":"The Arrow token is a utility and access token, providing holders access to activities on the Arrow platform. The primary activity accessible with the Arrow token is staking.\u0026nbsp;"},"tunes":{"alignment":{"alignment":"left"}}},{"id":"5P4TUSZjU4","type":"paragraph","data":{"text":"Here is how $ARROW will be used:\u0026nbsp;"},"tunes":{"alignment":{"alignment":"left"}}},{"id":"mGTZdc8Jke","type":"paragraph","data":{"text":"Holders of $ARROW can choose to stake the token by depositing the token in a separate staking smart contract. The staking functionality is limited to the same user restrictions as the options trading application; for example users in certain jurisdictions including the U.S. will be prohibited from participating.\u0026nbsp; The staking works as follows:"},"tunes":{"alignment":{"alignment":"left"}}},{"id":"1EUwe52grw","type":"list","data":{"style":"unordered","items":["User chooses to stake tokens by depositing in the staking contract subject to eligibility criteria.","While staked, the user earns rewards in the form of token emissions","To un-stake, the user withdraws from the smart contract and enters a cool-down period where no rewards are paid. Users can also un-stake immediately by paying a fee.\u0026nbsp;"]},"tunes":{"alignment":{"alignment":"left"}}},{"id":"kBOJQGQaRD","type":"paragraph","data":{"text":"In the future, $ARROW may be used in the following ways:"},"tunes":{"alignment":{"alignment":"left"}}},{"id":"lItX_IR7rd","type":"list","data":{"style":"ordered","items":["Protocol governance","Margin and option writing insurance","Discounts on platform trading fees"]},"tunes":{"alignment":{"alignment":"left"}}},{"id":"XLp-DHN4Hu","type":"header","data":{"text":"Market","level":6},"tunes":{"alignment":{"alignment":"left"}}},{"id":"ibYucHIEZI","type":"header","data":{"text":"Multiple segments of the global derivatives landscape. ","level":1},"tunes":{"alignment":{"alignment":"left"}}},{"id":"K95FcG_mtx","type":"paragraph","data":{"text":"The market opportunity for Arrow Markets spans multiple segments of the global derivatives landscape. Starting with the global crypto options market segment which has an annual notional volume of more than $360B and growing year over year. Arrow Markets’ is well poised to capture a substantial share of this notional volume with its competitive and low latency KPI driven RFE system. Looking further into the future, the scale of the global options market in terms of notional volume is $131T."},"tunes":{"alignment":{"alignment":"left"}}},{"id":"CjItz4S8n3","type":"image","data":{"file":{"id":670,"name":"arrow_market opportunity_V2.jpg","alternativeText":null,"caption":null,"width":1920,"height":1080,"formats":{"small":{"ext":".jpg","url":"https://assets.polkastarter.com/small_arrow_market_opportunity_V2_af8f2b3805/small_arrow_market_opportunity_V2_af8f2b3805.jpg","hash":"small_arrow_market_opportunity_V2_af8f2b3805","mime":"image/jpeg","name":"small_arrow_market opportunity_V2.jpg","path":null,"size":10.66,"width":500,"height":281},"medium":{"ext":".jpg","url":"https://assets.polkastarter.com/medium_arrow_market_opportunity_V2_af8f2b3805/medium_arrow_market_opportunity_V2_af8f2b3805.jpg","hash":"medium_arrow_market_opportunity_V2_af8f2b3805","mime":"image/jpeg","name":"medium_arrow_market 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$4MM in Series A funding from well-know industry investors.\u0026nbsp;","level":1},"tunes":{"alignment":{"alignment":"left"}}},{"id":"0wENlTqUpO","type":"paragraph","data":{"text":"Arrow Markets has garnered the trust and support of prominent investors in the web3 space, including:\u003cbr\u003e"},"tunes":{"alignment":{"alignment":"left"}}},{"id":"FHIQsiFhmH","type":"image","data":{"file":{"id":669,"name":"Investors_Black_HQ (1).png","alternativeText":null,"caption":null,"width":3600,"height":2025,"formats":{"large":{"ext":".png","url":"https://assets.polkastarter.com/large_Investors_Black_HQ_1_884d50f53c/large_Investors_Black_HQ_1_884d50f53c.png","hash":"large_Investors_Black_HQ_1_884d50f53c","mime":"image/png","name":"large_Investors_Black_HQ 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diverse roster of investors underscores the confidence and belief in Arrow Markets' vision and potential within the decentralized options trading landscape."},"tunes":{"alignment":{"alignment":"left"}}},{"id":"4mhlsDKGZh","type":"header","data":{"text":"Team","level":6},"tunes":{"alignment":{"alignment":"left"}}},{"id":"LOa2D6atTG","type":"header","data":{"text":"Meet the team at Arrow Markets","level":1},"tunes":{"alignment":{"alignment":"left"}}},{"id":"PTPC-OX_wF","type":"paragraph","data":{"text":"The Arrow Markets team boasts a wealth of experience and expertise, assembling a formidable lineup of professionals from notable institutions. Led by:"},"tunes":{"alignment":{"alignment":"left"}}},{"id":"ict5sxOOYE","type":"list","data":{"style":"unordered","items":["\u003cb\u003ePatrick Kiefer (co-founder)\u003cbr\u003e-\u0026nbsp;\u003c/b\u003ePh.D. in Finance from UCLA\u003cbr\u003e-\u0026nbsp;Former quant\u003cbr\u003e-\u0026nbsp;Software engineer and researcher in cryptoecon and regulatory frameworks"]},"tunes":{"alignment":{"alignment":"left"}}},{"id":"ai9PEmGY49","type":"list","data":{"style":"unordered","items":["\u003cb\u003eEdward Mehrez (co-founder)\u0026nbsp;\u003cbr\u003e-\u0026nbsp;\u003c/b\u003eCornell PhD in Financial Economics (ABD, on-leave)\u003cbr\u003e- Formerly Global Macro Advisor\u003cbr\u003e- Active in research at the intersection of ML, Finance, and Crypto."]},"tunes":{"alignment":{"alignment":"left"}}},{"id":"g-77MIWYfa","type":"list","data":{"style":"unordered","items":["\u003cb\u003eDheeraj Chakilam (Cheif Product Officer)\u003c/b\u003e\u003cbr\u003e-\u0026nbsp;CS Masters from Cornell\u003cbr\u003e- Former jet.com and Walmart SWE\u003cbr\u003e- Options Platform UX expert"]},"tunes":{"alignment":{"alignment":"left"}}},{"id":"sLBXDtzKZT","type":"paragraph","data":{"text":"Furthermore, Arrow Markets has enlisted the guidance of respected advisors from diverse backgrounds from the options market making industry to AI. Their expertise and insights contribute invaluable knowledge to the project's development and strategic direction."},"tunes":{"alignment":{"alignment":"left"}}},{"id":"0KnZbI5w8I","type":"image","data":{"file":{"id":668,"name":"Team_Black_HQ (1).png","alternativeText":null,"caption":null,"width":3600,"height":2025,"formats":{"large":{"ext":".png","url":"https://assets.polkastarter.com/large_Team_Black_HQ_1_d8cd79b966/large_Team_Black_HQ_1_d8cd79b966.png","hash":"large_Team_Black_HQ_1_d8cd79b966","mime":"image/png","name":"large_Team_Black_HQ (1).png","path":null,"size":613.67,"width":1920,"height":1080},"small":{"ext":".png","url":"https://assets.polkastarter.com/small_Team_Black_HQ_1_d8cd79b966/small_Team_Black_HQ_1_d8cd79b966.png","hash":"small_Team_Black_HQ_1_d8cd79b966","mime":"image/png","name":"small_Team_Black_HQ (1).png","path":null,"size":72.34,"width":500,"height":281},"medium":{"ext":".png","url":"https://assets.polkastarter.com/medium_Team_Black_HQ_1_d8cd79b966/medium_Team_Black_HQ_1_d8cd79b966.png","hash":"medium_Team_Black_HQ_1_d8cd79b966","mime":"image/png","name":"medium_Team_Black_HQ (1).png","path":null,"size":213.04,"width":1000,"height":563},"xlarge":{"ext":".png","url":"https://assets.polkastarter.com/xlarge_Team_Black_HQ_1_d8cd79b966/xlarge_Team_Black_HQ_1_d8cd79b966.png","hash":"xlarge_Team_Black_HQ_1_d8cd79b966","mime":"image/png","name":"xlarge_Team_Black_HQ (1).png","path":null,"size":887.98,"width":2400,"height":1350},"xsmall":{"ext":".png","url":"https://assets.polkastarter.com/xsmall_Team_Black_HQ_1_d8cd79b966/xsmall_Team_Black_HQ_1_d8cd79b966.png","hash":"xsmall_Team_Black_HQ_1_d8cd79b966","mime":"image/png","name":"xsmall_Team_Black_HQ (1).png","path":null,"size":2.96,"width":64,"height":36},"thumbnail":{"ext":".png","url":"https://assets.polkastarter.com/thumbnail_Team_Black_HQ_1_d8cd79b966/thumbnail_Team_Black_HQ_1_d8cd79b966.png","hash":"thumbnail_Team_Black_HQ_1_d8cd79b966","mime":"image/png","name":"thumbnail_Team_Black_HQ (1).png","path":null,"size":22.82,"width":245,"height":138}},"hash":"Team_Black_HQ_1_d8cd79b966","ext":".png","mime":"image/png","size":355.1,"url":"https://assets.polkastarter.com/Team_Black_HQ_1_d8cd79b966/Team_Black_HQ_1_d8cd79b966.png","previewUrl":null,"provider":"@strapi-community/strapi-provider-upload-google-cloud-storage","provider_metadata":null,"folderPath":"/","createdAt":"2024-04-30T09:23:19.250Z","updatedAt":"2024-04-30T09:23:19.250Z","placeholder":"data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAAAoAAAAGCAIAAAB1kpiRAAAACXBIWXMAACE4AAAhOAFFljFgAAAAqklEQVR4nB3BQQpFUBQA0Fcy0c193ei+vLx4ijJgoGzCFgzMMbKEbwO2wP6MvjLw65dzBDOnaVoURZIkjuO4ruv7PgAgorVWLMtynuc4jkqpfd+P49BaI2JVVcYYsW3b8/zmeSKi+76/12WtjeN4/axt24o8z5umkVKGYdj3fdd1AFCW5TAMdV2LKIqyLCMiRNRaExEAMLNSyvM8wayMsUEQICIRSSnxJV9/fJ0mg7xJO9wAAAAASUVORK5CYII="},"caption":"","withBorder":false,"stretched":false,"withBackground":false,"url":"https://assets.polkastarter.com/Team_Black_HQ_1_d8cd79b966/Team_Black_HQ_1_d8cd79b966.png"}},{"id":"t2B9EaELhd","type":"paragraph","data":{"text":"To learn more about the broader team please visit \u003ca href=\"https://arrow.markets/about\"\u003ehttps://arrow.markets/about\u003c/a\u003e"},"tunes":{"alignment":{"alignment":"left"}}}],"version":"2.27.0"}