ARK token
ARK is the asset at the center of the protocol economy.
Ark is the liquid asset users trade, board, lock, and use to participate in the protocol economy.
What ARK Is
ARK is more than a catchy ticker. It is the protocol's unit of attention, commitment, and reward accounting. Liquid holders can trade freely. Users who want deeper exposure can board or lock their tokens and enter the reward system.
The Three Token States
Liquid ARK
Liquid ARK is flexible. It can be held, transferred, bought, sold, boarded, or locked. It gives the cleanest market exposure, but it does not earn protocol rewards by itself.
Boarded ARK
Boarded ARK is active participation. It receives base rewards and can be claimed, compounded, or exited. Exiting early may pay an exit fee that decays over time.
Locked ARK
Locked ARK is a stronger commitment. It stays locked until maturity and can earn the locked reward lane plus WETH-accounted rewards that normally pay out as ETH.
Receipts
Boarded and locked positions have receipts. Boarded Ark is represented by bARK, and Locked ARK is represented by lARK. Position NFTs are named bARK Pass and lARK Pass. Receipts help the contracts track who owns what, what is earning, and what can be claimed.
Noah's Pass
Noah's Pass is a limited special lock NFT for qualifying large locks. Read the code to figure out how to mint it. It may provide useful in future. Who knows?
Supply And Liquidity
Ark uses a fixed 400,000 ARK supply. At launch, 320,000 ARK is placed into official liquidity and 80,000 ARK is set aside for the genesis reward program.
The genesis reward program lasts ~200 days. This will be a sufficient reward for the early adopters.
How Value Moves Through ARK
Official pool volume
Buys and sells through the official pool pass through the hook, which can collect the configured fee and route it through the protocol.
Rewards
Boarded and locked positions are the reward participants. They are attached to positions the protocol can account for.
Buybacks
Part of the fee route passively and autonomously buys ARK through official logic. The docs describe the route, the contract, and how it fits into the broader system.
The Harbor
The Harbor automatically deploys WETH-only liquidity below spot. It is designed as visible downside liquidity support.
The Investor Lens
The ARK thesis is that an asset can be more interesting when the market can clearly see where supply sits, where official liquidity sits, how fees route, and which holders have chosen deeper participation.
Liquid supply gives the market a price. Boarded and locked supply show commitment. Official-pool volume creates fee flow. Fee flow can feed rewards, buybacks, and Harbor.