How is the raised USDC used?

Five million ART is offered at a presale price of 5 USDC. The USDC raised in the presale we call the Presale Total (PT) for reference. The presale proceeds are used as follows.

Percentage
Description

50% of PT

is used for the USDC-ART Protocol Owned Liquidity Pool (POLP). ART launches at a price of 5 USDC.

20% of PT

goes towards our founder and main developer to cover over two years’ worth of development.

15% of PT

funds the protocol treasury

7.5% of PT

is rewarded to the partners who helped hosting the presale in the form of an immediate cash kickback.

7.5% of PT

goes towards the rest of the team as a bonus.

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