Users who have participated in minting StableX and who have provided liquidity to Uniswap or Curve are able to participate in the second phase of the sale.

There are a total of 1200 ARCx tokens as well as any tokens left over from the Phase 1 sale that have been allocated to this round, with a price of 6,500 USDC per ARCx token.

The sale will start on the 4th March 2021 and end on the 9th March 2021

**The Curve pool itself is hosted on https://app.arcx.money/exchange not on https://curve.fi**

Eligibility period: January 20th to March 3rd, 2021 (UTC)

Sale: March 4th to March 9th, 2021

Exclusively available to users who have minted STABLEx and provided liquidity for STABLEx on Uniswap or Curve for since the launch of Farm #5 (19th Jan).

Price: $6,500 per token, representing a $65m fully diluted valuation.

ARCx available for purchase: 1200 tokens, plus any remaining tokens from Phase 1 (12% + roll over from phase 1)

Maximum per buyer: Calculated based on time spent providing liquidity * $ value of liquidity provided.

⅓ of the purchased tokens will be unlocked upfront and the remaining ⅔ will be unlocked after 6 months

If there are any unclaimed allocations, they will be sold at the discretion of the ARCx team at no less than $6,500 per token

For simplicity we will assume that 1 USDC = 1 STABLEx = 1 USD

To calculate the number of ARCx tokens you are eligible for you first take the total amount of liquidity on a per second basis, where the total amount of liquidity is the sum of all of your USDC and STABLEx.

You then take this number and calculate it as a percentage across all wallets to get your weight (i.e. your liquidity / total liquidity)

Finally, you multiply this percentage by the total amount of ARCx available to purchase

**Example:**

You deposit 10 USDC and 10 STABLEx for 10 seconds. In this instance you will have 10 * (10 + 10) = 200

You then remove 5 USDC and 5 STABLEx for another 10 seconds. For this time period you have 10 * (5+5) = 100

You finally remove all liquidity and wait until the pool to end. In this example you simply take the sum of the two so 200 + 100 = 300

Let's say there was another 3000 in liquidity over time. Your weight is then 300 / 3000 = 0.1

Say there are 1200 ARCx tokens, you will be eligible for 1200 * 0.1 = 120