ArbiTen Finance: Redemption Begins — Buy Low, Profit High

Are you ready for some exciting news in the world of crypto? Well, get ready because the redemption period for ArbiTen Finance is finally here! Starting at 10 pm GMT on 4–19, you can reduce the supply of ArbiTen by redeeming it for peg price worth of 10SHARE and ETH.

But wait, there’s more! If you buy below the peg price, you can actually make a profit, and the protocol will even reward you for restoring the peg. It’s a win-win situation! However, there are limits in place starting at 50 ArbiTen per Epoch, and they will increase by 10 ArbiTen per Epoch, so act fast on a first-come-first-serve basis. These limits may be changed by the admin at any time.

To ensure the redemption process goes smoothly, the team at ArbiTen is doing buybacks from their liquidity fund, now repurposed as a seigniorage fund, to be at peg headed into redemption. They’ve even used 4 ETH, 3.389 ETH, and 1 ETH to buy ArbiTen and prevent any sell pressure on 10SHARE.

But that’s not all. The allocation points have been raised to 1500, which provides a “Full Degen” option to hold nothing but protocol tokens and should also create demand. And for those interested, our trade and liquidity pages and Zap have been updated with options for the ArbiTen-10SHARE LP!

With the redemption period now underway, there is no more expected ArbiTen supply expansion until we tick an epoch over peg. So, take advantage of this opportunity and buy low to profit high! Just be aware that redemption limits may be reduced if 10SHARE liquidity is stressed. So, head over to https://arbiten.finance/mint now to get started!

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