BlockBeats news, on August 27, Avail announced the acquisition of the chain abstraction protocol Arcana, all XAR Tokens will be exchanged for AVAIL at a ratio of 4:1, the tools of Arcana will be integrated into the Avail stack, and most of the team members will also join Avail. The unlocked AVAIL after the exchange will be released over 6 to 12 months, while the tokens belonging to the Arcana team will be unlocked over 3 years. Avail is a modular blockchain infrastructure project supported by Peter Thiel's Founders Fund and other well-known investors.
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BlockBeats news, on August 27, Avail announced the acquisition of the chain abstraction protocol Arcana, all XAR Tokens will be exchanged for AVAIL at a ratio of 4:1, the tools of Arcana will be integrated into the Avail stack, and most of the team members will also join Avail. The unlocked AVAIL after the exchange will be released over 6 to 12 months, while the tokens belonging to the Arcana team will be unlocked over 3 years. Avail is a modular blockchain infrastructure project supported by Peter Thiel's Founders Fund and other well-known investors.