Yesterday, we identified a hostile attacker who exploited a bug in Arkadiko Swap that managed to drain some part of the liquidity in the STX/USDA pool.

The hacker made off with 400k STX and 740k USDA which is around 1.5 million USD worth of assets at the time of writing…

We regret to inform you that at block #35441, roughly 7 hours ago a hacker exploited a bug in the Arkadiko Swap smart contract and managed to drain 400K STX and the equivalent in USDA, which was 12% of the total value in the STX-USDA liquidity pool.

This only affected…

Fellow Arkadians,

Arkadiko Protocol went live three days ago and the response from the community has been incredible. The team is happy to conclude that our launch was an absolute success.

Let’s take a look at some numbers.
Over 13 million STX was committed to Arkadiko Vaults, which is more than…

Arkadiko Protocol is excited to announce that we have recently concluded our strategic round which raised a total of 2.5 million USD.

The proceeds from the sale will be used to further build out the platform and to foster growth initiatives on Stacks and Arkadiko.

Bootstrapping a protocol like Arkadiko…

Arkadiko Products — USDA

In our 1st of 3-part multi-blog post series where we introduce various Arkadiko products to our community, we would like to introduce one of our core products, which is key to establishing DeFi on Bitcoin and also the Arkadiko ecosystem.

USDA

USDA (USD Arkadiko) is a…

The Arkadiko Vision

Arkadiko has come a long way since our initial announcement, and are heartened by the community’s support for our project. Today, we hope to share our vision for Arkadiko with the community and the role it plays in the wider Stacks ecosystem.

Arkadiko Finance was named after…

Cryptocurrencies, widely known for their underlying technology and volatile nature, were first introduced to the world in 2008 when Satoshi Nakamoto published the Bitcoin Whitepaper. Since then, blockchain technology which powers the Bitcoin Network was further developed by various enthusiasts, computer scientists and entrepreneurs for a wide range of purposes…

Hello Stackers!

We hope you survived the market turbulence of the past few weeks. We sure did and went heads down into the preparation of Arkadiko testnet. As promised, here are some details on our upcoming testnet launch.

Arkadiko is going live on testnet on the 16th of June, so mark that…

Arkadiko Protocol

Arkadiko Protocol is a stablecoin (USDA) built on Stacks to bring DeFi to Bitcoin.

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