Arch is an investment project that designs indices to track blockchain assets. The main indices of the project currently involves Arch Ethereum Web3 ($WEB3) and Arch Blockchains ($CHAIN).
The Arch Blockchains token provides exposure to the native token of the largest blockchains of the world including Bitcoin, Ethereum and Terra. Its consitituents cover around 70% of the total crypto market cap. To be included in the index, blockchain native tokens should have at least $1B in market cap and sufficient liquidity in the Ethereum network. The composition is defined considering the square root market cap of all the underlying assets.
Arch Blockchains Token is a square root market-capitalization weighted product comprised of tokens in the Arch Blockchain Index. On every rebalancing cycle, tokens with more than 1.5% of the index's market capitalization are included, while tokens with less than 1.0% of the index's market capitalization are excluded. Monthly rebalancing with a determination phase every third Thursday and rebalanced phase every fourth Tuesday.