Hello Arkadians!

We are very excited to announce the release of the Arkadiko Shades, a physical item which can only be obtained by burning the Arkadiko Shades NFT!

This completes the trifecta of Uniswap Socks , MangoMarkets Caps and Arkadiko Shades!

We hope our Arkadiko Shades can form the holy trinity of project genesis NFTs.

Users will be able to mint the Arkadiko Shades NFT by burning DIKO according to a bonding curve. So you will need DIKO, the governance token of Arkadiko and will send this to the minting smart contract. The smart contract will automatically (trustlessly) burn the received DIKO, reducing DIKO’s overall supply.

Each new NFT minted progresses the bonding curve, which means the next mint becomes more expensive. A total supply of 500 Shades NFTs will be available. The bonding curve will follow price = (X²) / 4 where X = the numbers of NFTs minted. You’ll want to be quick to snag your Shades NFT at the lowest price point possible. Hopefully your transaction goes through quickly but it might be a bit of a free for all. So be it.

After obtaining the NFT, users have the option to keep the NFT in their wallet or to burn the NFT and redeem the actual physical Shades object.

Don’t worry, you’ll receive a special NFT as a replacement to remember your burning moment! You will receive the physical item at a postal address of your choice. Shipping worldwide!

You can also keep the NFT and trade it on Stacks NFT Marketplaces.

Here’s Core Contributor Philip showing off the Arkadiko Shades:

The Arkadiko Shades are custom-made and will display the Arkadiko logo on the legs of the Shades. We hope that Arkadiko Shades will go down in history as a unique piece of meme culture at the time of birth of the Stacks DeFi Ecosystem. The exact block at which minting becomes available is block 40200, expected to arrive on Saturday morning UTC. The project/minting page can be found at www.arkadiko.wtf

Any updates will be posted in our discord, so make sure to keep an eye on the announcement channel to not miss this incredible chance to mint this piece of Stacks history.

We hope you’ll have fun with this mint!

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