AgileReserveCoin (or simply ARC) is a new PoS/PoW coin, that can be mined with both CPU’s as well as GPU’s. Operating on the Scrypt-Jane algorithm, this will lead to reduced mining efficiency in a few days/weeks.
There will be (only) 9 million total AgileReserveCoin in circulation, but with the Scrypt-Jane algorithm in place, it will take a long time until those are all mined anyway.
Regarding the PoS system : “Compound interest is 2% per 30 days holding ARC 1 year later – The annual interest is about 26.8%! “ (The dividend will be reduced to 50% per 10 years.)” Not a bad system, as it gives some great annual interested.