Pre Sale Detective 🕴️

The beta version of the Arena V2 DEX was live all of yesterday. There were no noticeable frontend changes other than the PnL cards. We were stress testing everything in the background. Everything worked as expected. Creator fees, referral fees, new thicker LPs with concentrated liquidity, wallet limit on WL purchases, etc. The official launch of the Arena V2 DEX on Monday will have all of these features ready to go in production. There will not be any major changes to the frontend of the app, but we have solved many of the trading issues in V1 to create a better environment to both launch and trade projects. Creators earn, traders earn, launches are less prone to sniping, tokens are more sustainable, and new pairs will emerge. The projects lining up so far span the entire spectrum, from memes to internet capital markets to creator coins. Many will use multiple aspects of the app. We are excited to see what you all create. We are also excited to see the projects that have continued to build and add value since V1, many will make use of this new infrastructure as well. Very big social and financial features will be released after the V2 DEX, gradually over a 1.5 month period heading into 2026. This is just the start. The next journey begins. We will have highs and we will have lows. But we will ride together 🫡

Writing a pretty long post here. Most of you won’t read it but the real ones will. All eyes on the road ahead. As a reminder, we get the ball rolling in early November. 50% of all $ARENA is now in circulation. We will be easing up on emissions from this point forward. The worst is behind us. We believe this was quite a feat to inherit a dead platform that already had a points system, and mold it into the largest airdrop in Avalanche history. When we took over the app, users were down over $10M collectively from the actions of the original team. Not only did we make all users whole from that period, but if you received your entire airdrop by staying active, you should be profitable by now. This was very important to me and the team. We managed to get almost all participants to hold at least a portion of their airdrop for 12 months as this platform evolved. During that time we took a broken app with just a global feed and the ability to buy and sell tickets into one of the largest social crypto apps by adding: - Stages - Live Streaming - Memecoin tipping - Token Launchpad with built-in social features - a mini App Store - a native dex - custom profile badges - a novel staking mechanism and leaderboard - enhanced ticket trading - native in-app swapping - a new notification system - countless UI/UX additions and QOL improvements We’ve come a long way and been through more together than most will imagine. The highs and the lows. The peak euphoria and the lingering uncertainty. Despite all that we’ve built, all of this is only possible because of you. The strongest community in web3. The Gladiators. Many would say we shouldn’t even be here right now. The chances of reviving a dead platform that got hacked is near zero. Especially when the meta dies down. Most social crypto apps don’t last longer than 3-6 months, once the early farming period ends. But here we are. Still building, still growing, still defying the odds. We enter this next phase with a clear vision. Despite what’s going on around us, the family is stronger than ever. United around our mission. Arena V2. The dawn of a new era awaits.