I'm trying to understand the concept of ARC in the context of contracts. Could someone explain what ARC stands for and how it applies to contracts?
5 answers
Alessandra
Thu Nov 21 2024
Through these contracts, both parties agree upon a set price for the entire duration of the agreement.
CryptoTitaness
Thu Nov 21 2024
This agreed-upon price ensures that neither party faces financial losses due to fluctuations in the market.
CoinPrince
Thu Nov 21 2024
ARCs, or annual rate contracts, are designed to offer stability in pricing.
Thunderbolt
Thu Nov 21 2024
This stability acts as a safeguard against unexpected price hikes, which can adversely affect either the buyer or the seller.
Pietro
Thu Nov 21 2024
Annual rate contracts present a mutually beneficial arrangement for both buyers and sellers.