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ARL is the governance token of Areal Finance. It is the token through which the community steers the protocol: ARL holders set the goals and the decision markets price the best way to reach them. ARL was launched through the MetaDAO futarchy launchpad. Contract address (Solana)
ARL Token CA

At a glance

Supply and all token data are on-chain and verifiable. View ARL on Solscan.

Buyback & Burn

10% of the RWA Basket’s revenue is used to buy ARL on the open market and burn it. This is how real-world cash flow accrues to ARL: the income produced by the basket is continuously converted into permanent ARL supply reduction.
RWA Basket revenue
10% share
Open market
Buy ARL
Result
Burn ARL
supply ▼
The mechanism is deflationary by design: as the basket grows and earns more, more ARL is bought and burned, so the circulating supply only goes down. The cumulative amount removed is shown live in the Burned stat of the widget above.
  • Backed by real income, not emissions. Buybacks are funded by actual basket revenue, not by printing new tokens.
  • Permanent. Burned ARL is destroyed on-chain and can never re-enter circulation.
  • Compounding pressure. Every new income-generating asset added to the basket increases the revenue stream feeding the buyback.
Burned is computed as genesis supply − circulating supply. Burns are executed on-chain and are fully verifiable.

What ARL is for

  • Governance. ARL is the token of the Areal DAO. Protocol decisions — asset listings, the income distribution model, fees, and treasury deployment — are made through futarchy rather than by a team or committee.
  • Market-priced decisions. Proposals open decision markets that forecast the value of each option; the market’s verdict decides the outcome. See Decision Market.
  • Value accrual. 10% of RWA Basket revenue buys back and burns ARL (see Buyback & Burn), so real-world income continuously reduces ARL supply.
  • Treasury alignment. Protocol revenue and fees flow to the DAO treasury, which is governed by ARL holders through futarchy.

ARL vs. RWT and stRWT

Areal has distinct tokens with distinct jobs — don’t confuse them: RWT and stRWT give you exposure to the productive real-world assets; ARL gives you a say in how the protocol is run.

Treasury & spending

The DAO treasury is held on-chain in a multisig whose configuration authority is the futarchy program — no single party can move funds. Routine operating budgets can be granted as bounded, on-chain spending limits, while larger or novel spending goes through a futarchy proposal. See Decision Market → The DAO treasury for details.