Decentralized computation protocol Arpa Network launches on Ethereum Mainnet, with 500MM $ARPA tokens set aside for staking rewards

ARPA Network, a decentralized secure computation protocol focused on threshold cryptography and privacy-preserving tooling for blockchains, launched its mainnet on the Ethereum network in June 2023 after a period of testing on testnet. The protocol provides a threshold BLS (Boneh–Lynn–Shacham) signature network that underpins services such as a verifiable random number generator (RNG), secure wallets, cross-chain bridges, decentralized custody, and other multi-party computation (MPC)-based applications. With mainnet live and an API exposed on Ethereum, developers can integrate ARPA’s services into decentralized applications for use cases including lotteries and gaming, token distributions, decentralized voting, access control, and privacy-preserving identity management. As part of the rollout, ARPA Network scheduled the minting and issuance of 500 million ARPA tokens reserved specifically for staking rewards, drawn from the project’s fixed maximum supply (often cited as 2 billion ARPA). These tokens are to be released gradually over time and used to incentivize node operators, stakers, and other ecosystem participants, with an initial six‑month community staking program targeting around 1.5 million ARPA per month in rewards. This token-based incentive design is intended to support decentralization, secure operation of the threshold signature and computation network, and long-term sustainability of ARPA’s infrastructure for privacy-preserving and randomness-related services across the broader Web3 ecosystem.

✨ AI-generated background, compiled from web sources — not editorial content.

More coverage

• ARPA Network's Mainnet Is Now Live on Ethereum - DeFi (dehfi.com)
• ️Arpa Network (#ARPA) has been launched on the Ethereum (binance.com)
• What Is Arpa Network? All You Need to Know About ARPA - Gate.com (gate.com)
• ARPA Network (arpanetwork.io)
• ARPA Network Launches MainNet, Ushering in a New Era of Secure ... (prnewswire.com)

Explore the topic

• Rewards
• Staking
• Ethereum
• Mainnet