The fine print

Safety and risks

ARCO is built so that nobody, the team included, stands between you and your funds. Here is exactly what that means, and what it does not protect you from.

What the code is

The pools run the same concentrated liquidity code that the largest exchanges in crypto have run for years, unmodified. ARCO adds three contracts of its own: the fee collector that splits pool fees, the lock vault, and the router that sends trades to the best venue. Every address is on the Contracts page with a link to the explorer.

What the team can and cannot do

Can

List the tokens the vault pays out.
Move the lockers' slice between 10% and 14.3%.
Add or remove other exchanges from the router, and set the routing fee up to a hard cap of 0.3%.
Sell fees that arrive in unlisted tokens for USDC and push it into the vault.
Point future fees at a new vault or a new collector. That is the upgrade path.

Cannot

Take anything out of the vault. What was paid in belongs to the lockers.
Touch your positions, your locks or your rewards.
Pause swaps, freeze a pool or block an address.
Change a pool's fee or mint more TARCO. The supply is fixed.

Risks, in plain words

Smart contract risk
Code can have bugs, including code that has worked for years. Do not put in what you cannot afford to lose.
Impermanent loss
Liquidity positions end up holding more of the token that fell. Fees may or may not make up for it.
No early exit from locks
Locked TARCO stays locked until the date you chose. Nobody can change that.
Team key risk
Fees that have not reached the vault yet depend on the team wallet behaving and staying safe. Your own positions and locks do not.
Token risk
Anyone can create a pool for any token. A pool existing on ARCO says nothing about the token in it. Check the address, not the name.

Staying safe

Check that you are on the real site before you connect. Bookmark it.
ARCO never sends direct messages, never asks for a seed phrase and never asks you to send funds to an address.
Read what your wallet shows before you confirm. Every action on ARCO is one transaction you approve yourself.
For a token you do not know, compare its address with the project's own channels before you trade it.

What the code is

What the team can and cannot do

Can

List the tokens the vault pays out.
Move the lockers' slice between 10% and 14.3%.
Add or remove other exchanges from the router, and set the routing fee up to a hard cap of 0.3%.
Sell fees that arrive in unlisted tokens for USDC and push it into the vault.
Point future fees at a new vault or a new collector. That is the upgrade path.

Cannot

Take anything out of the vault. What was paid in belongs to the lockers.
Touch your positions, your locks or your rewards.
Pause swaps, freeze a pool or block an address.
Change a pool's fee or mint more TARCO. The supply is fixed.

Risks, in plain words

Smart contract risk

Code can have bugs, including code that has worked for years. Do not put in what you cannot afford to lose.

Impermanent loss

Liquidity positions end up holding more of the token that fell. Fees may or may not make up for it.

No early exit from locks

Locked TARCO stays locked until the date you chose. Nobody can change that.

Team key risk

Fees that have not reached the vault yet depend on the team wallet behaving and staying safe. Your own positions and locks do not.

Token risk

Anyone can create a pool for any token. A pool existing on ARCO says nothing about the token in it. Check the address, not the name.

Staying safe

Check that you are on the real site before you connect. Bookmark it.

ARCO never sends direct messages, never asks for a seed phrase and never asks you to send funds to an address.

Read what your wallet shows before you confirm. Every action on ARCO is one transaction you approve yourself.

For a token you do not know, compare its address with the project's own channels before you trade it.