$ARCA SIF Vault Is Now Open

Details are below for the $ARCA SIF Vault.

Starship

Published Nov 12 2024

Updated Nov 19 2024

1 min read

Starship has activated the Starship Insurance Fund (SIF) to support Legend of Arcadia (LOA) community sale participants. Learn more about SIF program here.

LOA SIF Notes:

SIF token - C98: SIF program operates in C98 token. The amount of C98 received is based on the USD value at the time of your initial investment.
C98 Price Snapshot: The price of C98 will be captured at the closing price on the day before the vault opens on CoinGecko (GMT+7).

Step-by-step Guidelines:

Step 1: Send $ARCA (ERC20) back to Starship wallet using the SAME wallet address you used to claim the tokens. For those who haven’t claimed tokens, please claim and deposit them back into the below wallet.

OneID: vaultss.c98
Starship Wallet (ERC20): 0x990e2B715b0F19Da3ea208CccB4BAd8a423abe46

Ensure that you send the correct amount of $ARCA tokens that you received at TGE. If the amount sent differs, the following rules apply:

If less than the expected amount: You are eligible for SIF and you will get the total amount of your deposited portion and locked vesting allocation.
If more than the expected amount: You are eligible for SIF. However, excess tokens will not be returned.
If you choose not to send the token: regardless of the situation, we will assume that you still intend to support LOA and will claim vesting.

Step 2: Investors have 07 days to send the tokens. Please ensure tokens are sent by November 19th, 5:30 AM (UTC). Starship will not proceed with any submissions received after the specified deadline.

Step 3: After the verification process, participants will be able to claim $C98 from the vault starting from November 22nd, 8:00 AM (UTC).

Example: You invested $300 USDT earlier. Starship will create a vault for investors who have sent tokens to activate SIF. Investors will be able to claim $300 value in C98 with the C98 rate to be captured 01 day before the vault opens (November 21st).

SIF is solely provided by Starship to accompany our investors and foster a trusted fundraising environment.

Thank you for being with us in this early phase,

Starship team