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Tokenomics & Fees

$ACS Token

Liquidity

Dex Screener Watchlistarrow-up-right

Bridge & Migration

Tokenomics

$ACS emissions was initially supply capped at 1,888,888 tokens. Tokenomics was upgraded in July 2023 to cut off all emissions.

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Current total supply can be tracked on Coinmarketcaparrow-up-right.

Fees collected from all ACryptoS vaults go to ACryptoS Treasuryarrow-up-right with periodical Buyback and Burning of the ACS token. Adding to the fact that there are no longer any ACS emissions, this results in a deflationary model for the $ACS token, benefiting ACS holders in the long term.

There is no $ACS vault staking. Users only need to hold the token in their wallet to receive the benefits from Buyback and Burn.

For users looking to pair $ACS into a liquidity pool for earning swap fees or token farming, existing pools can be found in the Liquidity section above.

*All parameters may be adjusted in future via governance.

chevron-rightMultichain.org Incident - July 2023hashtag

The Multichain.org bridge stopped working on 7 July 2023 following abnormal movements of locked assets. ~170K of bridged ACS was stuck and under the control of unknown entities. An announcement was made to ask users to remove ACS paired liquidity as a migration plan was being worked on. A governance vote was taken to approve the migrationarrow-up-right.

A new ACS token is deployed at 0x8888888888f004100C0353d657BE6300587A6CcD across several chains.

The new token was designed with certain features to mitigate bridging risks:

  • Bridging is achieved by passing cross chain messages. This is using Layer Zero initially, and can be upgraded to use any combination of protocols.

  • ACryptoS Dev team controls new token contracts including the ability to pause and blacklist in the event of bridge / messaging protocol exploit.

  • Bridged balances are reconciled on the canonical chain (BSC). Bridging can only be done to/from the canonical chain, and will fail if they cannot be reconciled (i.e. more balance bridged in than has been bridged out).

There is a migration feature which will allow users to migrate 1:1 the old/Multichain.org ACS tokens. Migration will be paused if the contract detects abnormal changes in the locked Multichain.org ACS tokens.

Withdraw from ACS vault with no penalty fees: https://app-legacy.acryptos.com/core/arrow-up-right

chevron-right$ACS and $ACSI Token Mergerhashtag

There were discussions on simplifying ACryptoS tokenomics to a single token, and a governance vote was passedarrow-up-right to merge $ACSI at a 4:1 ratio to the new $ACS token.

*$ACS and $ACSI Tokenomics was upgraded in 2023. Link to original tokenomics can be found here.


Fees

All Vaults

Withdrawal fee: 0.1%

  • Calculated from the total withdrawal amount.

  • Goes to ACryptoS Treasury with periodical Buyback and Burn.

Performance fee: 4.5% of gains harvested goes to ACryptoS Treasury with periodical Buyback and Burn.

Strategist fee: 4.5% of gains harvested goes go strategy creator.

Harvester subsidy fee: up to 0.3% of gains harvested paid to any wallet compounding the vaults。 See further details under Vault Advanced Functions.

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StableSwap (Legacy)

Stableswaparrow-up-right is currently a Public Goods protocol on BSC. All fees go to liquidity providers. Exchange fee: 0.01%

Acsi.Finance (Legacy)

Acsi.Financearrow-up-right is currently a Public Goods protocol on BSC. All fees go to liquidity providers. Exchange fee: Variable (displayed on UI)

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