# Intro to ACryptoS

## ACryptoS - Advanced Crypto Strategies

<figure><img src="https://raw.githubusercontent.com/acryptos/docs.acryptos.com/master/images/Banner%20-%20Multichain%20Liquidity%20Manager%2001.jpg" alt=""><figcaption></figcaption></figure>

We automate **high-yield DeFi strategies** for you. *Simply deposit your tokens* and watch your holdings grow.

Here at ACryptoS - we maximize your APY with our *performance-oriented algorithms*.

{% hint style="success" %}
**No complex setups, no constant monitoring.** We handle the rest.
{% endhint %}

### Main Products

1. **Single-Token Vaults**

   \- Exposure to *one token*. No impermanent loss (IL) risks\
   \- *Better yields* than just supplying on lending protocols
2. **2-Token Concentrated Liquidity Vaults**

   \- *Automated Conc. Liquidity Manager (ACLM)* on Uniswap V3 and other CL DEXs\
   \- Data-proven *highest performing* strategies, for stablecoins and other big-cap pairs

<figure><img src="https://raw.githubusercontent.com/acryptos/docs.acryptos.com/master/images/Docs%20-%20UI%20stablecoins%20summary.png" alt=""><figcaption><p>Our UI - showing some of our ACLM vaults. APY looking good</p></figcaption></figure>

***

### Why use our Vaults?

* 4 years+ track record for deployment of highly effective DeFi Strategies
* SAFU, careful risk management
* Sustainable APY for long term growth

**Translated to real-life examples:**

> Get 20-30%+ APY for a stablecoin pair, consistently for many months, not via farming tokens but from sustainable swap fees, with funds deposited on Uniswap V3 - one of the most solid DEXs in DeFi.

And, we've had no code exploits ever, since our launch in 2020.

*If these appeal to you, read on.*

### Who is this for?

* **Single-Token Vaults:**\
  DeFi users opting for *low-risk steady growth* of their tokens.\
  Deposit and let grow, while complex algorithms run behind the scenes, achieving *strong single-token APY*.
* **ACLM Vaults:**\
  Simplified liquidity providing for V3 pools.\
  **Stable Strategies** (eg. USDC/DAI or wstETH/ETH) offer *attractive APYs for relatively low risks*, while **Volatile Strategies** (eg. ETH-USDC) help users manage & rebalance their positions on V3 LPs, *reducing the burdens* of constantly monitoring their holdings.

***

👇 Dive in for some detailed explanations on how these Vaults and Strategies work:

{% content-ref url="/pages/-MNSCn-QBsMbpHp-m5ep" %}
[Single-Token Vaults](/products/vaults)
{% endcontent-ref %}

{% content-ref url="/pages/EK6e3MB4FcRCq0yZuNjU" %}
[ACLM - Advanced Concentrated Liquidity Manager](/products/v3-aclm-vaults)
{% endcontent-ref %}

👉 or opt for this [Quick-Start TL/DR guide](/quick-start-guide).

***

### Links

dApp: <https://app.acryptos.com>

Telegram: <https://t.me/acryptos>

Twitter: <https://twitter.com/acryptosdao>

Medium: <https://medium.com/acryptos/>

Other links can be found [here](/tutorials-guides/resources).


# Quick-Start Guide

Getting to know our UI and how to pick between vaults.

<figure><img src="https://raw.githubusercontent.com/acryptos/docs.acryptos.com/master/images/Docs%20-%20UI%20main%20page.png" alt=""><figcaption><p>https://app.acryptos.com</p></figcaption></figure>

## Vault Comparisons

You see some great yields on our dapp: there's [Single-Token](/products/vaults) vaults, and [ACLM](/products/v3-aclm-vaults) vaults - but you're not too sure which to pick. What are the *risks involved*? What tokens do you *receive as APY*? etc.

**This will help you out.** 👇

<table><thead><tr><th width="117"></th><th width="188">Single-Token Vaults</th><th>ACLM - Stable Strategies</th><th>ACLM - Volatile Strategies</th></tr></thead><tbody><tr><td>Built On</td><td><mark style="color:blue;">lending protocols, eg. Venus, Moonwell</mark></td><td><mark style="color:orange;">CL DEXs, eg. UniswapV3, SushiV3</mark></td><td><mark style="color:orange;">CL DEXs, eg. UniswapV3, SushiV3</mark></td></tr><tr><td>APY Source</td><td><mark style="color:blue;">supply/borrow APY</mark><br><mark style="color:blue;">+ lending platform tokens</mark></td><td><mark style="color:orange;">swap fees generated from trading volume</mark><br><mark style="color:orange;">+ *</mark><a data-footnote-ref href="#user-content-fn-1"><mark style="color:orange;">Merkl rewards</mark></a></td><td><mark style="color:orange;">swap fees generated from trading volume</mark><br><mark style="color:orange;">+ *</mark><a data-footnote-ref href="#user-content-fn-1"><mark style="color:orange;">Merkl rewards</mark></a></td></tr><tr><td>Strategy Features</td><td><mark style="color:blue;">self-balancing for optimized highest APY</mark></td><td><p><mark style="color:orange;">-single-sided deposits of either token.</mark><br></p><p><mark style="color:orange;">-auto range setting to ensure earning of swap fees</mark></p><p><br><mark style="color:yellow;">-Tightened range for highest stable pair APY</mark></p></td><td><p><mark style="color:orange;">-single-sided deposits of either token.</mark></p><p><br><mark style="color:orange;">-auto range setting to ensure earning of swap fees</mark></p></td></tr><tr><td>Examples</td><td><p><mark style="color:blue;">-USDT</mark></p><p><mark style="color:blue;">-wstETH</mark></p><p><mark style="color:blue;">-BTC</mark></p><p><mark style="color:blue;">-LINK</mark></p></td><td><p><mark style="color:orange;">-USDC-DAI</mark></p><p><mark style="color:orange;">-USDC-USDC.e</mark></p><p><mark style="color:orange;">-wstETH-WETH</mark></p><p><mark style="color:orange;">-cbETH-rETH</mark></p><p><mark style="color:orange;">-WBTC-tBTC</mark></p></td><td><p><mark style="color:orange;">-MATIC-USDT</mark></p><p><mark style="color:orange;">-LINK-WETH</mark></p><p><mark style="color:orange;">-BTC-WETH</mark></p><p><mark style="color:orange;">-USDC-XSGD</mark></p></td></tr></tbody></table>

**More detailed comparisons here:**

|                 | Single-Token Vaults                                                                                                                                                                                                                                           | ACLM - Stable Strategies                                                                                                                                                                                                             | ACLM - Volatile Strategies                                                                                                                                                                                                                |
| --------------- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |
| [Risks](#risks) | <p><mark style="color:blue;">-lending protocol exploits</mark><br></p><p><mark style="color:yellow;">-no IL risks</mark></p>                                                                                                                                  | <p><mark style="color:orange;">-CL DEX exploits</mark></p><p><br><mark style="color:yellow;">-low chances of IL</mark></p>                                                                                                           | <p><mark style="color:orange;">-CL DEX exploits</mark></p><p><br><mark style="color:yellow;">-high IL risks</mark></p>                                                                                                                    |
| Considerations  | <p><mark style="color:blue;">-exposure to 1 token</mark></p><p><br><mark style="color:blue;">-slower growth of tokens</mark></p><p><br><mark style="color:blue;">-high APY vaults less sustainable (as mainly coming from lending platform tokens)</mark></p> | <p><mark style="color:orange;">-exposure to 2 tokens</mark><br></p><p><mark style="color:yellow;">-higher APY, for relatively low IL risk</mark></p><p><br><mark style="color:orange;">-rewards sustainable via swap fees</mark></p> | <p><mark style="color:orange;">-exposure to 2 tokens</mark></p><p><br><mark style="color:yellow;">-highest APY, but gains easily negated by IL</mark></p><p><br><mark style="color:orange;">-rewards sustainable via swap fees</mark></p> |
| Rewards         | <mark style="color:blue;">auto-compounding into deposited tokens</mark>                                                                                                                                                                                       | <mark style="color:blue;">auto-compounding into deposited tokens</mark>                                                                                                                                                              | <mark style="color:blue;">auto-compounding into deposited tokens</mark>                                                                                                                                                                   |
| Links           | <https://app.acryptos.com/vaults/single/>                                                                                                                                                                                                                     | <https://app.acryptos.com/aclm/>                                                                                                                                                                                                     | <https://app.acryptos.com/aclm/>                                                                                                                                                                                                          |

{% hint style="info" %}
Notes:

* IL: impermanent loss
* CL: [concentrated liquidity](https://docs.uniswap.org/concepts/protocol/concentrated-liquidity)
* DEX: decentralized exchange
* LST: [liquid staking tokens](https://chain.link/education-hub/liquid-staking)
* LRT: [liquid restaking tokens](https://www.coindesk.com/learn/restaking-101-what-are-restaking-and-liquid-restaking/)
  {% endhint %}

***

## Categories

<figure><img src="https://raw.githubusercontent.com/acryptos/docs.acryptos.com/master/images/Docs%20-%20UI%20categories.png" alt=""><figcaption></figcaption></figure>

{% tabs %}
{% tab title="USD-A" %}
A category of higher quality stablecoins vaults, built on USDC and its bridged counterparts.

* USDC (USD Coin by [Circle](https://www.circle.com/en/usdc))
  * see [here](https://www.circle.com/en/multi-chain-usdc) for chains that USDC is native on
  * native USDC has 1:1 backing, transparent, verified reserves.
* USDC.e (bridged USDC on chains [before USDC was natively available](https://www.datawallet.com/crypto/usdc-e-vs-usdc-explained))
* axlUSDC (bridged USDC by [Axelar](https://www.axelar.network/))
* USDbC (bridged USDC by [Base chain](https://help.coinbase.com/en/coinbase/getting-started/crypto-education/usd-base-coin))
* xcUSDC (XCM protocol USDC on [Polkadot parachains](https://help.circle.com/s/article/A-closer-look-at-Polkadot-USDC-and-the-XCM-protocol?language=en_US))

***

**Examples:**

**Single-Token Vaults**

* USDC on Venus (BSC)
* USDC.e on Lodestar (Arbitrum)
* USDbC on Moonwell (Base)
* xcUSDC on Moonwell (Moonbeam)

**ACLM - Stable Strategies**

* USDC.e / axlUSDC on UniswapV3 (Polygon)
* USDC.e / USDC on UniswapV3 (Optimism)
* USDbC / axlUSDC on SushiswapV3 (Base)

Link: <https://app.acryptos.com/vaults/?a=usd-a>
{% endtab %}

{% tab title="USD-B" %}
A category of stablecoins from various protocols, ranging from large marketcap to algorithm pegged USD stable tokens. Stablecoin pools paired with USDC also fall under this category.

* USDT (USD by [Tether](https://tether.to/en/))
  * centralized stablecoin pegged to the US dollar
  * largest marketcap among stablecoins
* DAI by [MakerDAO](https://makerdao.com/en/)
  * largest decentralized stablecoin pegged to the US dollar
  * algorithmically backed by a basket of cryptocurrencies, primarily ETH
* [Ethena USDe](https://ethena-labs.gitbook.io/ethena-labs/solution-overview/usde-overview)
* [Binance BUSD](https://www.coingecko.com/en/coins/binance-peg-busd)
* [Liquity LUSD](https://www.liquity.org/)
* [Verified USDV](https://usdv.money/)
* USDC.e (bridged USDC on chains [before USDC was natively available](https://www.datawallet.com/crypto/usdc-e-vs-usdc-explained))
* axlUSDC (bridged USDC by [Axelar](https://www.axelar.network/))
* USDbC (bridged USDC by [Base chain](https://help.coinbase.com/en/coinbase/getting-started/crypto-education/usd-base-coin))
* xcUSDC (XCM protocol USDC on [Polkadot parachains](https://help.circle.com/s/article/A-closer-look-at-Polkadot-USDC-and-the-XCM-protocol?language=en_US))
* xcUSDT (XCM protocol USDT on Polkadot parachains)
* [FRAX](https://frax.finance/)
* S\*USDt by [Stargate](https://stargate.finance/pool) on [Kava EVM](https://www.kava.io/)

***

**Examples:**

* DAI on Venus (BSC)
* USDT on Moonwell (Optimism)
* USDT on Mendi (Linea)
* xcUSDT on Moonwell (Moonbeam)
* FRAX on Lodestar (Arbitrum)

**ACLM - Stable Strategies**

* USDC.e / DAI on UniswapV3 (Optimism)
* USDT / BUSD on PancakeswapV3 (BSC)
* USDT / USDC on UniswapV3 (Linea)
* DAI / USDbC on SushiswapV3 (Base)

Link: <https://app.acryptos.com/vaults/?a=usd-b>
{% endtab %}

{% tab title="BTC" %}
A category of various types of wrapped and liquid staked BTC.

* WBTC - centralized and largest marketcap [wrapped BTC by BitGo](https://decrypt.co/resources/what-is-wbtc-explained-bitcoin-ethereum-defi)
* tBTC - decentralized wrapping [by Threshold Network](https://threshold.network/)
* BTCB - centralized and pegged [by Binance](https://www.bnbchain.org/en/blog/btcb-on-binance-smart-chain-101)
* BTC.b - decentralized wrapping [by Avalanche Network](https://support.avax.network/en/articles/6349640-how-does-the-avalanche-bridge-work)
* uniBTC - [liquid restaking WBTC](https://docs.bedrock.technology/multi-asset-liquid-staking/unibtc) by Bedrock
* cbBTC - [coinbase wrapped BTC](https://www.coinbase.com/cbbtc)

***

**Examples:**

**Single-Token Vaults**

* WBTC on Moonwell (Optimism)
* WBTC on Mendi (Linea)
* BTCB on Venus (BSC)
* cbBTC on Moonwell (Base)

**ACLM - Stable Strategies**

* WBTC / BTC.b on UniswapV3 (Arbitrum)
* WBTC / uniBTC on UniswapV3 (Optimism)
* WBTC / tBTC on SushiswapV3 (Arbitrum)

Link: <https://app.acryptos.com/vaults/?a=btc>
{% endtab %}

{% tab title="ETH" %}
A category of various types of wrapped and liquid staked ETH.

* WETH - wrapped ETH on non Ethereum chains
* wstETH - liquid staking ETH [by Lido](https://help.lido.fi/en/articles/5231836-what-is-lido-s-wsteth)
* rETH - liquid staking ETH [by RocketPool](https://rocketpool.net/)
* cbETH - liquid staking ETH [by Coinbase](https://www.coinbase.com/cbeth)
* weETH - liquid staking ETH [by Ether.fi](https://etherfi.gitbook.io/etherfi/getting-started/faq)
* wBETH - liquid staking ETH [by Binance](https://www.binance.com/en/support/faq/what-is-wbeth-e252366155174ba6887f6b32e3798273)
* ezETH - liquid restaking ETH [by Renzo](https://www.renzoprotocol.com/)

***

**Examples:**

**Single-Token Vaults**

* WETH on Mendi (Linea)
* wstETH on Lodestar (Arbitrum)
* cbETH on Moonwell (Base)
* rETH on Moonwell (Optimism)

**ACLM - Stable Strategies**

* wstETH / WETH on UniswapV3 (Optimism)
* cbETH / WETH on SushiswapV3 (Base)
* ETH / wBETH on BiswapV3 (BSC)

Find out more on why our Stable Strategies [work so well](/products/v3-aclm-vaults/strategies#stable-strategies) for LST vaults.

Link: <https://app.acryptos.com/vaults/?a=eth>
{% endtab %}

{% tab title="ETH+" %}
An ACLM category where liquid staked ETH from different platforms are paired together in a pool.

***

**Examples:**

**ACLM - Stable Strategies**

* wstETH / ezETH on UniswapV3 (Optimism)
* cbETH / rETH on UniswapV3 (Base)
* wstETH / rETH on UniswapV3 (Arbitrum)

Find out more on why our Stable Strategies [work so well](/products/v3-aclm-vaults/strategies#stable-strategies) for LST vaults.

Link: <https://app.acryptos.com/vaults/?a=eth%2B>
{% endtab %}

{% tab title="BNB" %}
A category of various types of wrapped and liquid staked BNB.

* WBNB - wrapped BNB by Binance
* ankrBNB - liquid staking BNB [by Ankr](https://www.ankr.com/docs/liquid-staking/bnb/overview/)
* BNBx - liquid staking BNB [by Stader](https://www.staderlabs.com/blog/bnbx/)
* stkBNB - liquid staking BNB [by pSTAKE](https://blog.pstake.finance/stkbnb-faqs/)
* slisBNB - liquid staking BNB [by Lista](https://docs.bsc.lista.org/get-started/about-slisbnb) (previously Synclub staked SnBNB)

***

**Examples:**

**Single-Token Vaults**

* WBNB on Venus (BSC)

**ACLM - Stable Strategies**

* WBTC / ankrBNB on PancakeswapV3 (BSC)
* WBTC / BNBx on PancakeswapV3 (BSC)
* WBTC / stkBNB on PancakeswapV3 (BSC)

Link: <https://app.acryptos.com/vaults/?a=bnb>
{% endtab %}
{% endtabs %}

{% tabs %}
{% tab title="LP-A" %}
A category of ACLM vaults, consisting of large marketcap token pairs.

* WMATIC
* WETH
* WBNB
* WBTC
* tBTC
* BTCB
* BTC.b
* OP
* ARB

IL is relatively lower than other pairs as prices for large marketcap tokens generally move in the same direction.

*\*Take note that IL may negate any gains, or result in losses on the intial deposit. Refer to the* [*History Graph*](/products/v3-aclm-vaults/advanced-functions#graph-history) *in the Advanced section of each vault to evaluate their past performance.*

***

**Examples:**

**ACLM - Volatile Strategies**

* BTCB / WBNB on PancakeswapV3 (BSC)
* WETH / ARB on SushiswapV3 (Arbitrum)
* WETH / OP on UniswapV3 (Optimism)
* WMATIC / WBTC on UniswapV3 (Polygon)
* tBTC / WETH on UniswapV3 (Arbitrum)

Link: <https://app.acryptos.com/vaults/?a=lp-a>
{% endtab %}

{% tab title="LP-B" %}
A category of ACLM vaults, consisting of smaller marketcap tokens paired with large marketcap tokens.

*\*Liquidity for our ACryptoS* [*governance token pair*](/dao/acs) *ACS / WBNB can be found in this category as well.*

Some of the tokens available:

* BSW, LODE, VELA, THALES, GMX, XVS, PEPE, CAKE, MAGIC, TIA.n, CRV, UNI, LINK

IL may be higher for these pairs as prices tend to fluctuate much more for lower marketcap tokens.

*\*Take note that IL may negate any gains, or result in losses on the intial deposit. Refer to the* [*History Graph*](/products/v3-aclm-vaults/advanced-functions#graph-history) *in the Advanced section of each vault to evaluate their past performance.*

***

**Examples:**

**ACLM - Volatile Strategies**

* CAKE / WBNB on PancakeswapV3 (BSC)
* LINK / WETH on UniswapV3 (Arbitrum)
* PEPE / WETH on UniswapV3 (Arbitrum)
* CRV / WETH on UniswapV3 (Arbitrum)
* UNI / WETH on UniswapV3 (Arbitrum)
* BSW / WBNB on BiswapV3 (BSC)

Link: <https://app.acryptos.com/vaults/?a=lp-b>
{% endtab %}

{% tab title="LP-C" %}
A category of ACLM vaults, consisting of stablecoin tokens paired with mainly large marketcap tokens.

IL may be **very high** for these pairs as fluctuating token prices are amplified when paired with stablecoin tokens.

*\*Take note that IL may negate any gains, or result in losses on the intial deposit. Refer to the* [*History Graph*](/products/v3-aclm-vaults/advanced-functions#graph-history) *in the Advanced section of each vault to evaluate their past performance.*

***

**Examples:**

**ACLM - Volatile Strategies**

* WBNB / USDT on UniswapV3 (BSC)
* wstETH / USDC.e on UniswapV3 (Arbitrum)
* MATIC / USDT on UniswapV3 (Polygon)
* WETH / USDbC on UniswapV3 (Base)
* WETH / USDC on SushiswapV3 (Arbitrum)

Link: <https://app.acryptos.com/vaults/?s=tvl&a=lp-c>
{% endtab %}

{% tab title="LP-FIAT" %}
A category of stablecoins from different currencies, paired with the USD stablecoin.

IL is minimal, as pegged fiat currencies are much less volatile than other crypto tokens. Token unpeg risk has to be factored in as part of risk assessment as well.

* XSGD [by StraitsX](https://www.straitsx.com/xsgd)
* EURC [by Circle](https://www.circle.com/en/eurc)

**ACLM - Volatile Strategies**

* XSGD / USDC.e on UniswapV3 (Polygon)
* XSGD / USDC on UniswapV3 (Arbitrum)
* EURC / USDC on UniswapV3 (Base)

Link: <https://app.acryptos.com/vaults/?s=tvl&a=lp-fiat>
{% endtab %}
{% endtabs %}

***

## Risks

DeFi risks are very high compared to traditional finance, ranging widely from market factors to contract exploits. Here are some risks for consideration along with possible mitigations. Factor in your own risk appetite when deciding on which vaults to deposit your tokens in.

{% hint style="warning" %}
Only put in funds you can afford to lose. Do not risk your life savings on DeFi.
{% endhint %}

<details>

<summary>General Smart Contract Risks</summary>

Smart contracts are vulnerable to exploits. These exploits can result in significant financial losses or other negative consequences. It's crucial to understand the risks involved and avoid interacting with contracts from untrusted sources.

ACryptoS has focused on safety and careful risk assessment since deployment in 2020. Multiple [audits](/dao/security-and-risks#audits) and a [bug bounty](/dao/bug-bounty) serve to enhance the security. Read our blog here to understand [what sets us apart](https://medium.com/acryptos/what-sets-acryptos-apart-d6345e2f5d7f).

</details>

<details>

<summary>Vaults - Underlying Protocol Risks</summary>

* our Single-Token vaults are built on top of lending protocols. They run the risk where the underlying protocols are exploited, and funds siphoned out via exploiters. We aim to filter out projects via thorough internal due diligence procedures, and try our best to build on safe credible protocols. Over the years since our deployment, despite our best efforts, there have been a few of these protocols exploited with funds unrecoverable (read: [Atlantis](https://t.me/acryptos/1/230896), [Channels](https://t.me/acryptos/1/238945), [Sonne](https://medium.com/@SonneFinance/post-mortem-sonne-finance-exploit-12f3daa82b06))
* our ACLM vaults are built on top of V3 Conc Liquidity DEXs. In order to minimize the risks of exploits on the underlying DEX, we aim to only build on stronger and battle-tested DEXs like Uniswap, Sushi, and Pancakeswap.

</details>

<details>

<summary>Stablecoin Depeg Risks</summary>

* protocols issuing USD stablecoins claim to be pegged to USD 1:1, but many smaller marketcap stablecoins are at a high risk of depegging. It may be due to the mechanics behind how the stablecoin is backed, or due to market sentiments resulting in sell-offs, etc.
* larger stablecoins like USDC, USDT, DAI, etc have lower depeg risks, though there have been multiple depegging issues over the years as well

</details>

<details>

<summary>LST/LRT Protocol Risks</summary>

* liquid staking tokens tend to be quite centralized, where user funds like ETH or BNB are held by the intermediary protocol, and staking is done on their back end.
* Risks involve protocol exploits, intentional draining of funds, or "depegging" of liquid staked tokens . Lack of liquidity might affect the unstaking of liquid tokens back to the native token as well.
* eg. rETH, wstETH, cbETH, stkBNB, ankrBNB, BNBx etc.
* please DYOR on how credible and transparent the staking protocols are, as well as how large the market of these tokens are

</details>

<details>

<summary>Bridged Token Risks</summary>

* it is essential to understand the difference between native tokens and bridged tokens on various chains. Bridged tokens are susceptible to risks and exploits of the bridging protocol itself.
* eg. USDC.e is a bridged token while USDC is the native token that is issued directly by Circle. The native USDC token can be redeemed 1:1 to USD via Circle.
* eg. Multichain bridge was exploited on multiple chains in 2023. Funds that were lost due to that incident has not been recovered since.

</details>

<details>

<summary>Wrapped Token Risks</summary>

Wrapped tokens, while offering convenience, can pose risks. The underlying asset's security and the wrapping platform's reliability are crucial factors. Be cautious of potential vulnerabilities and always research before investing in wrapped tokens.

eg. WBTC is wrapped by BitGo, cbBTC is wrapped by Coinbase etc.

</details>

Read more about risks and mitigations [here](/dao/security-and-risks).

***

## Fees

* Withdrawal Fees: All vaults have a 0.1% withdrawal fee, calculated by the withdrawal amount.
* Performance Fees: already factored into the displayed APY. Full details can be found [here](https://github.com/acryptos/docs.acryptos.com/blob/master/broken-reference/README.md).

{% hint style="info" %}
Tips from the Samurai:

Based on the daily yield rate, try to withdraw only after withdrawal fee is covered. It will be all nett profits from thereon.
{% endhint %}

All fees go to ACryptoS Treasury, used for frequent [buybacks](https://t.me/acryptos/1/242722) of the $ACS token.

Treasury is owned by ACryptoS DAO ($ACS token holders), managed by a multisig.

* Treasury current holdings can be tracked on [debank](https://debank.com/profile/0x5BD97307A40DfBFDBAEf4B3d997ADB816F2dadCC).
* More info on Governance [here](/dao/governance).

***

### Next Steps 🚀

Interested to gain yields via our vaults?\
Check out this [step-by-step visual guide](/tutorials-guides/step-by-step-guide).

{% content-ref url="/pages/G0eMWgijaMQesYOa9jcP" %}
[Step-by-step Guide](/tutorials-guides/step-by-step-guide)
{% endcontent-ref %}

[^1]: additional tokens offered by other platforms as incentives for providing liquidity on a CL DEX. Usually only liquidity provided within the trading range will receive these rewards.


# Single-Token Vaults

## Current Vaults

ACryptoS single-token vaults are suitable for users who are looking for steady do not want to be exposed to Impermanent Loss (IL). These strategies were launched since 2020 and have been battle-tested with no contract exploits or funds lost.

{% content-ref url="/pages/1C7NlQIPWFOyCD6HZGbP" %}
[Supply-Borrow Leveraged Vaults](/products/vaults/single-token-vaults)
{% endcontent-ref %}

***

### Legacy Vaults

The following proprietary vault strategies were developed over the years, and have since been deprecated.

#### BNB Liquid Staking Vault

* The [**first** ***native*** liquid staking BNB](/products/legacy-products/bnb-native-liquid-staking) product on BSC, launched on 9 Feb 2023. Featured fully automated, transparent on-chain, de-centralized BNB staking.
* [Deprecated in 2024](https://t.me/acryptos/235790/241335) due to the sunsetting of BNB Beacon Chain.
* Withdraw funds here: <https://app.acryptos.com/vaults/56/0x09A18250f99118f40a5D992D537E24b8BD9880F3/>

#### FTM Validator vault

* Our [Liquidizer Vault strategy](/products/legacy-products/liquidizer-vaults) built on top of our ACryptoS validator for Fantom Chain. Allowed liquid withdrawals for illiquid FTM staked 365-days on Fantom.
* [Deprecated in 2024](https://t.me/acryptos/235790/241885).
* Withdraw funds here: <https://app.acryptos.com/vaults/250/0x569B344AD6BF087A285f0D415d0066028921D873/>


# Supply-Borrow Leveraged Vaults

![](https://raw.githubusercontent.com/acryptos/docs.acryptos.com/master/images/Guide%20-%20Single-Token%20Looping.jpg)

Single token vaults are one of the most unique offerings at ACryptoS. We partner with and build on lending protocols, using our smart contract strategies to automatically leverage the same token.

By borrowing and supplying the same token in a number of loops, users earn Supply and Borrow APY multiple times, up to 7.6X the initial APY.

{% hint style="success" %}
Our strategy helps users get much higher yields for their tokens, and also increases the deposits and utilizations of lending markets.
{% endhint %}

There is zero liquidation risk in our strategy, as it is using the same token for supplying and borrowing. Price movements of the token do not result in liquidations. Understand how it works [here](/dao/security-and-risks#risk-liquidation-risks).

## Vault Benefits

1. auto-Compounding\
   \- vaults compound automatically through our smart contract strategy\
   \- staked tokens increase over time
2. no IL (impermanent loss)\
   \- single token staking, no impermanent loss as per LP farming
3. automated, no harvesting required\
   \- APY is in staked tokens, not from farming emission tokens
4. safety-first\
   \- we filter and partner with quality protocols, putting our priorities on user fund safety\
   \- no security issues since 2020 launch

***

## Protocols

Vaults are built on the following protocols

* Venus (BSC)
* Moonwell (Optimism, Base, Moonbeam, Moonriver)
* Mendi (Linea)
* Lodestar (Arbitrum)
* Benqi (Avalanche) - sAVAX
* Stargate (Kava) - S\*USDt

***

## Vault Mechanisms

### receiptTokens

By depositing in any of these vaults, you will receive a receiptToken as proof of your deposit, in the form of acsXYZ. Eg. by depositing in a USDC vault, you will receive an acsUSDC token. When withdrawing from the vault, these tokens will be burned, and USDC will be redeemed to your wallet.

The number of receiptTokens in your wallet will not change upon every compound of the vault. Instead, the number of tokens that can be redeemed will increase.

### AutoCompounding

Our Single-token vaults compound automatically. The period between each compound depends on the TVL and APY of each vault. Higher TVL or APY usually triggers more frequent compounding, as the yields easily cover the fees and gas required for each compound.

By expanding the Advanced section, the Historical APY of the last 8 compounds are displayed in a section, showing the frequency and duration between each compound.

<figure><img src="/files/eyT3A9QtUEgbGaBeLPOY" alt=""><figcaption></figcaption></figure>

* Each line refers to one of the latest harvesting/rebalancing/compounding
* For the 8th line, it can be explained as:
  * the compound was 4.35 days ago
  * the APY achieved between 3.67 - 4.35 days ago is 14.3%
  * the Cumulative (Total) APY achieved between now and 4.35 days ago is 15.9%
* Virtual Price
  * The multiplier for the number of tokens in the vault that can be redeemed for each of the receiptTokens. eg. 1000 acsUSDC will redeem 1093.386995980910717 USDC.

### Leveraged Looping

These vaults stake recursively on the lending platforms at up to \~7.6X leverage, farm the rewards tokens and swap it for more of the initial deposited tokens.

When initially depositing, users may notice the value of their holdings in the vault **slowly decreasing on each block**.

This is normal because we are using leverage on the lending platform, and the borrow amount increases faster than the supply amount. Also the value of the farmed reward tokens are not included at the start.

The balance will increase once harvested rewards are included (after each harvest of the Vault).

Also, due to supplying and borrowing the same token, there are zero liquidation risks, as price movements do not affect the supply/borrow health ratio.

{% hint style="info" %}
Resources: [Advanced Yield Farming Strategies on Venus protocol](https://medium.com/acryptos/advanced-yield-farming-strategies-on-venus-protocol-46a4044573fc) - by x.ACryptoS
{% endhint %}

## Advanced Functions

<figure><img src="/files/PujK2T2Q3XZm07c5y0vC" alt="" width="563"><figcaption></figcaption></figure>

**"Reward"** amount refers to the number of vault tokens that a user will receive when the **"Harvest Vault"** function is triggered. These are called harvester fees (a set % of the pending rewards), with the % varied depending on different vaults *(0.03% in this case here).* These fees serve as an incentive to compensate the gas fees used for compounding the vault.

{% hint style="success" %}
Harvester rewards are received in the form of the vault acsXYZ token.
{% endhint %}

*This is also to ensure the sustainability of our vaults, where users will always have an incentive to keep the vault compounding in the long run as long as there is TVL and fees.*

### Harvest Vault

The **"Harvest Vault"** function triggers a rebalance of the vault, by harvesting incentives, swapping them and compounding them back into the vault. The function also checks for the optimum leverage ratio based on the supply/borrow % of the token's market in the underlying lending protocol, rebalancing the leverage ratio as needed.

{% hint style="info" %}
**Harvesting consumes gas fees.**

It is not required to press on the "Harvest Vault" function. Our automation processes will handle this in the back end.

Only do this if you want to earn the harvester fees, or if you would like to compound the rewards before exiting the vault.
{% endhint %}

### Trigger Rebalance

<figure><img src="/files/4L4k0rI2iUEP0fRcgmsD" alt="" width="563"><figcaption></figcaption></figure>

The **"Trigger Rebalance"** function checks for the optimum leverage ratio for this vault, and rebalances the supply/borrow loops as needed to achieve the highest APY for the vault. It works similarly to the "Harvest Vault" function mentioned above, except it does not trigger a harvest of fees or compound of the vault.

Harvesting consumes gas fees.

{% hint style="info" %}
**Harvesting consumes gas fees.**

It is not required to press on the "Trigger Rebalance" function. Our automation processes will handle this in the back end.
{% endhint %}


# ACLM - Advanced Concentrated Liquidity Manager

Our ACLM is built on top of V3 Conc. Liquidity DEXs (namely UniswapV3 and its forks). Using uniquely developed strategies, we improve swap rate efficiency for liquidity pairs (less slippage), and we achieve a higher than average APY for users providing liquidity.

Key features of our ACLM include:

* Dynamic setting of positions and ranges.
* Automated rebalancing for optimal yields.
* Simplified single-token deposit system.

Our Strategy automatically compounds fees and rebalances its position around the current price. This streamlines the liquidity provision process, reducing additional actions from users, earning them sustainable yields via swap fees.

<details>

<summary>Understanding Conc. Liquidity - A Quick Look</summary>

How conc. liquidity works is by letting users be strategic about their liquidity provisioning. Instead of spreading your assets across the entire price range, you can choose a specific price zone to focus on. This allows you to earn higher fees on trades that happen within your chosen zone.

**Caveat:** While concentrated liquidity offers much higher APY when trades happen in your set range, it also comes with trade-offs. Once trades move outside your chosen price zone, there will be zero fees rewarded, and extreme price movements can lead to imbalanced positions and impermanent losses that are much higher than V2 LPs.

A detailed understanding of V3 Concentrated Liquidity can be found [here](https://docs.uniswap.org/concepts/protocol/concentrated-liquidity) in Uniswap docs.

</details>

## How our ACLM stands out

Our ACLM distinguishes itself from other liquidity managers by maintaining a dynamic range on V3 positions, adjusting to be narrower or wider depending on price fluctuation and volatility trends. This approach ensures that we consistently manage to host active liquidity, leading to more efficient swap volumes.

**Examples of past performance:**

* Stable vaults delivering consistently strong yields over a number of months, eg.
  * USDC/DAI at 20-30+% APY
  * wstETH/ETH at 10+% APY
  * WBTC/BTC.b at 10+% APY
* High-yield returns on volatile pairs, successfully countering impermanent losses, eg.
  * ARB/ETH at 101+% APY
  * BTC/ETH at 36+% APY \**the above APY are all achieved purely via swap fees*
* Dominating over 90% of active liquidity in OP Chain's USDT/DAI and USDC/USDT pools ([link](https://app.acryptos.com/u3i/pools/10/0xF1F199342687A7d78bCC16fce79fa2665EF870E1/?a=0x9F0d1DB674488eaF2DE5fd722176CD751803fEf5))
* Hosted 20%+ of active liquidity in OP Chain's wstETH/ETH pools
* Hosted 50%+ of active liquidity in Base Chain's USDC/USDbC pool

![Screenshot of managed USDT-DAI (Optimism) active liquidity %](https://raw.githubusercontent.com/acryptos/docs.acryptos.com/master/images/u3i%20-%20Optimism%20USDT-DAI.jpg)

\**managing 88.3% of active trading liquidity for USDT/DAI Uniswap V3 (Optimism) - 28 Feb '24*

Find out more about our Strategies here:

{% content-ref url="/pages/WP27O67f1AMBsY0BeI9a" %}
[Strategies](/products/v3-aclm-vaults/strategies)
{% endcontent-ref %}

***

## Understanding the Source of APY

Many defi users that have been depositing in V2 LPs may be familiar with the farming mechanism, where staking an LP gets you APY from DEX farming tokens. APY from V3 Conc. Liquidity pools comes mainly from swap fees, providing a sustainable source of yield for liquidity providers.

Some additional APY are added as incentives via Merkl. Our vaults are designed to harvest the rewards and compound them for users automatically.


# Strategies

What goes on behind the scenes for ACLM vaults.

Our Vault strategies strive to maintain very tight positions around stable / pegged pools (e.g. 1-tick / 0.01% range on USDC/USDT), and wider rages on more volatile pools. APY are significantly higher compared to [similar protocols](https://defillama.com/protocols/liquidity%20manager) building on the same pools.

In comparison with other concentrated liquidity managers, our strategies have outperformed in yield generation for the exact same pools managed. Attached below is a [historical chart](https://raw.githubusercontent.com/acryptos/docs.acryptos.com/master/images/History%20-%20Arbitrum%20USDC-DAI.jpg) for the yields generated by our managed USDC-DAI pool on UniswapV3 (Arbitrum) for the period of 18 Dec '23 to 18 Jan '24

* 3.13% yield in 30 days
* potentially extrapolated to 38.08% APR

![History of yields gained for USDC-DAI (Arbitrum)](https://raw.githubusercontent.com/acryptos/docs.acryptos.com/master/images/History%20-%20Arbitrum%20USDC-DAI.jpg)

### Stable Strategies:

**Stable Strategies focus on stablecoin pairs, or with pegged assets like staked tokens.** It uses liquidity ranges that are very tight (typically 1 tick), but dynamically adjusted based on market conditions.

These are our best performing strategies, and have outperformed other liquidity managers for the same pools.

{% hint style="info" %}
**Why our Stable Strategies work well for LSTs:**

LS tokens on L2 chains can experience volatility due to bridging costs and duration (up to 7 days to withdraw to L1), and when volatility causes liquidations, etc on L2s.

LPs take on this volatility to earn fees. Our Vaults mitigate trading risks by widening positions on de-peg and maximize profits by tightening positions when on-peg.
{% endhint %}

#### **Oracles**

AcryptoS uses the [industry standard decentralized oracles Chainlink](https://docs.chain.link/data-feeds) as its primary oracle which provides highly secure and reliable, tamper-resistant data feeds.

Chainlink oracles are used across our Optimism, Arbitrum, Base, BSC and Polygon instances. Full list can be found here:

{% content-ref url="/pages/AyIXwsJWpkM45stS2Wwl" %}
[Oracles](/tutorials-guides/resources/oracles)
{% endcontent-ref %}

### Volatile Strategies:

**Liquidity ranges are automatically adjusted based on pre-defined triggers.** These triggers can be set for specific pairs and are activated when prices move a certain percentage in either direction.

**A wider range strategy is applied on token pairs with highly volatile price movements .** It considers the potential for high volatility and rewards when setting liquidity ranges. Wider ranges generally have lower impermanent loss in volatile markets, which can offset the higher fees over the long run. However, in low-volatility environments, wider ranges may earn less in fees and perform less well.

**A narrow range strategy is applied on token pairs with lower volatility.** Narrower ranges typically earn more in fees and rewards but can incur significant losses during periods of high volatility. In low-volatility environments, narrower ranges generally earn more in fees and perform better due to higher fee multipliers and minimal impermanent loss. However, in volatile markets, the higher fees may not compensate for the increased impermanent loss and divergence costs.

## Auto-Compounding Mechanism

{% hint style="info" %}
All strategies autocompound any yields back to the original deposited tokens.
{% endhint %}

**ACLM vaults feature automatic compounding.** This means the strategy automatically collects and reinvests any earned rewards (swap fees, harvested Merkl rewards, etc.), by swapping them back into the principle assets and redepositing into the ACLM vault. This compounding effect maximizes the vaults for its high-yield potential.

**When you deposit into an ACLM vault, you receive "acsXYZ" tokens.** These tokens represent your share in the vault's underlying assets. However, due to the compounding mechanism, the value of each "acsXYZ" token will increase over time. The "acsXYZ" tokens you hold will not change, but over each compound, its value will increase and when you withdraw, you will end up with a larger number of tokens.

***

## Exploit Risk Mitigations

The multi-token nature of the vaults and their auto-rebalancing feature on concentrated liquidity AMMs make them vulnerable to price manipulation/flash loan type attacks. We have implemented some mitigations to address this:

* We use historical TWAP to detect price volatility / manipulation, which pauses Vault functionality.
* There is a cooldown period after every vault rebalance, which pauses Vault functionality.
* Deposits and withdrawals are subject to slippage checks. Users should check and confirm the correct amounts to be received on the UI before signing transactions.

The risk of attacks increases as Vault TVL forms the bulk of the underlying pool.


# UI Explanations

The following explains sections of the UI, showing detailed info about each of the vaults.

## Main Page

Dapp: <https://app.acryptos.com/>

<figure><img src="/files/miqEvAJ8DHmyhPi7JfMO" alt=""><figcaption><p>Filtering functions</p></figcaption></figure>

* **"ACLM"** shows all our vaults that utilize our Advanced Conc. Liquidity Manager strategies.
* **"Single"** shows all our vaults that are built on lending protocols, using looped strategies, with no liquidation risks and no IL.

{% hint style="info" %}
Find out more about ACLM and Single-Token Vaults differences [here](/quick-start-guide#vault-comparisons).

Explanations and breakdowns on categories of eg. LP-A, USD-B, etc can be found [here](/quick-start-guide#categories).
{% endhint %}

***

## Vault Details

Clicking into any of the vaults from the Main Page, brings you to the individual Vault Details page.

<figure><img src="https://raw.githubusercontent.com/acryptos/docs.acryptos.com/refs/heads/master/images/ACLM%20-%20Vault%20Header%20APY%20v2.png" alt=""><figcaption><p>Vault Header APY</p></figcaption></figure>

The <mark style="color:orange;">0.01%</mark> on the header refers to the swap fee rate on the underlying pool, generally varying from 0.01% to 0.30%, or even up to 1.00%. In this example, this vault manages the 0.01% swap fee USDC/USDT pool on UniswapV3 (Base)

The <mark style="color:green;">amount of tokens highlighted in green</mark>, is the ratio of USDC and USDT currently managed in our vault. *The ratio will constantly change as the vault rebalances.* The ratio does not concern users as they may deposit in **any ratio between the 2 tokens**, or even do **single-sided deposits**. The vault strategy will rebalance as neccessary.

The <mark style="color:yellow;">APY</mark> displayed on the header, is an average of the last 3 days APY, pulled the last 8 compounds of the vault. (see [Historical APY](#historical-apy) below)

***

### Additional Merkl rewards

<figure><img src="/files/rnJMvFu0wfepbromZFDE" alt=""><figcaption><p>Additional incentives distributed via Merkl</p></figcaption></figure>

Certain pools may be allocated incentives via grants or reward campaigns from time to time. Our vault strategies are optimized to

* harvest these additional rewards (eg. UNI, ARB, etc.)
* converting them to the tokens managed in the vault (in this example: WBTC and tBTC)
* and autocompounding them back into the vault

{% hint style="success" %}
This automated process increases the APY for users, and lessens the hassle for users to harvest the Merkl rewards themselves.
{% endhint %}

Clicking on the <mark style="color:green;">green Merkl reward button</mark>, brings you to the Merkl rewards page, where you can monitor how much rewards are being distributed, and how long more the campaign will run for. You may also check the performance of our vaults on the Leaderboard for the Merkl rewards page.

Here's a short [tweet](https://x.com/acryptosdao/status/1817912082337239123) indicating our performance on one of the vaults.

<figure><img src="/files/5jXIytUsxhZ6QTsdi9bc" alt=""><figcaption><p>Our USDC/USDT vault in the #1 position on Merkl.</p></figcaption></figure>

{% hint style="info" %}
The contract for each of the vaults can be found in the [Advanced ](#advanced)section, under Contracts - Vault.
{% endhint %}

#### Notes:

* the displayed APR in the <mark style="color:green;">green Merkl reward button</mark> is via Merkl's API (Total Rewards/TVL)
* our vaults typically achieve higher APY as our strategies are designed to be more concentrated
* APY displayed in our header has already factored in the additional incentives

***

### Error Messages while Depositing

{% hint style="warning" %}
Prices are volatile. Please try again later.
{% endhint %}

If you see this notice while depositing, please wait for some time before trying again. These are [preventative measures](/products/v3-aclm-vaults/strategies#exploit-risk-mitigations) for vault safety when prices are volatile.

***

### Checking your Yields

1. Click on the Withdraw tab
2. Tap on the "Balance" for the full withdrawal amount
3. Check the amount of tokens you are estimated to receive\
   \&#xNAN;*\*do not execute the withdrawal transaction*
4. Compare the tokens received with your initial deposits.

***

## Advanced

Expanding the **"Advanced"** section under the basic Vault Details, opens up a large number of sections that show the Historical APY, detailed contracts, backend workings of the vault, %-managed-liquidity charts, past-performance graphs, etc.

### Harvesting / Compounding

This block shows the date and time that this vault was last harvested, along with additional triggers that users may use to trigger compounding of rewards. Read more about these triggers [here](/products/v3-aclm-vaults/advanced-functions#user-triggers).

<figure><img src="/files/xgKJgQDB5FebKCMFVd9y" alt=""><figcaption><p>Compounding functions.</p></figcaption></figure>

***

### Historical APY

The following block displays the Historical APY of an example vault.

![Historical APY](https://raw.githubusercontent.com/acryptos/docs.acryptos.com/master/images/ACLM%20-%20APY%20History.png)

**Explanation of the Historical APY:**

* Each line refers to one of the latest harvesting/rebalancing/compounding
* For the 8th line, it can be explained as:
  * the compound was 1.04 days ago
  * the APY achieved between 0.95 - 1.04 days ago is 149%
  * the Cumulative (Total) APY achieved between now and 1.04 days ago is 180%
  * the Impermanent Loss (IL) between 0.95 - 1.04 days ago was -24%
  * the Cumulative IL between now and 1.04 days ago is positive 0.64% (gains instead of IL)

***

### Advanced Functions

The **"u3i"** found under **"Advanced Strategy"** opens up a chart where users can find out how much % of liquidity is being managed by our ACryptoS strategy for that specific pool. Details [here](/products/v3-aclm-vaults/advanced-functions#chart-u3i).

Scrolling to the bottom and expanding **"History"** opens up a graph where users can check the performance of this vault over a period of time. Details [here](/products/v3-aclm-vaults/advanced-functions#graph-history).


# Advanced Functions

## Chart - u3i

We have developed a chart to help users visualize the current distribution of liquidity on a specific LP, the current trading price, and the active liquidity managed by our strategies.

{% hint style="info" %}
Expanding the **"Advanced"** section under each ACLM vault, you can find a **"u3i"** link.
{% endhint %}

<figure><img src="https://raw.githubusercontent.com/acryptos/docs.acryptos.com/master/images/u3i%20-%20Arbitrum%20USDT-USDC%20240228.png" alt=""><figcaption><p>We're managing more than 35% liquidity on this pool.</p></figcaption></figure>

* blue bar indicates managed liquidity on ACryptoS
* grey bars indicate other providers
* large amount of under-utilized liquidity can be seen from the grey bars

***

## Graph - History

Expanding the "Advanced" > "History" section, you will see a graph indicating the historical performance of this ACLM vault.

![History Graph](https://raw.githubusercontent.com/acryptos/docs.acryptos.com/master/images/History%20Graph%20-%20VELA-ETH.jpg)

The above is a graph for the VELA/ETH vault on Arbitrum Uniswap V3.

* blue line is the APY gained
* cyan line is the IL
* green line is the nett APY

To understand this graph, we look at the green line to find out the actual APY received.

* the graph shows a period from 18 Nov to 4 Dec 2023
* Green lines shows 27.12% gained from 18 Nov to 4 Dec (18 days)
* Converted to APR 27.12% / 18 days \* 365 days = 549%
* Converted to APY = 23155%

{% hint style="info" %}
The history graph pulls data from the last 188 harvests of the vault.
{% endhint %}

***

## ACryptos - Keeper

We developed a Keeper bot, to automate various vault functions based on external triggers. This ensures that our vaults function at the highest effectiveness, and minimizes the potential IL of the vaults.

***

## User Triggers

<figure><img src="/files/xgKJgQDB5FebKCMFVd9y" alt=""><figcaption></figcaption></figure>

**"Reward"** amount refers to the number of vault tokens that a user will receive when the **"Harvest Vault"** function is triggered. These are called harvester fees (0.3% of the pending rewards), and serves as an incentive to compensate the gas fees used for compounding the vault.

{% hint style="success" %}
Harvester rewards are received in the form of the vault acsXYZ token.
{% endhint %}

*This is also to ensure the sustainability of our vaults, where users will always have an incentive to keep the vault compounding in the long run as long as there is TVL and fees.*

### Harvest Vault

The **"Harvest Vault"** function triggers a rebalance of the vault, by harvesting incentives, swapping them and compounding them back into the vault.

{% hint style="info" %}
It is not required to press on the "Harvest Vault" function. Our automation processes will handle this in the back end.

Only do this if you want to earn the harvester fees, or if you would like to compound the rewards before exiting the vault.
{% endhint %}

### Harvest Merkl Rewards

The **"Harvest Angle Merkl"** function triggers our strategy to harvest the pending incentives from Merkl, convert the tokens to the vault tokens, and compound them into the vault.

Harvesting consumes gas fees.


# Legacy Products


# $BNB - Native Liquid Staking Vault

The first native liquid staking BNB product on BSC, featuring fully automated, on-chain de-centralized operations.

The **first** ***native*** liquid staking BNB product on BSC, launched on 9 Feb 2023.

Featuring fully automated, on-chain de-centralized operations, utilizing the [new native staking system contract on BSC](https://bscscan.com/address/0x0000000000000000000000000000000000002001), implemented via [BEP-153](https://github.com/bnb-chain/BEPs/blob/master/BEP153.md).

The use of the native staking system contract means that all operations between BSC and BC are performed on-chain, providing a transparent and secure process.

This Vault is a [Liquidizer Vault](/products/legacy-products/liquidizer-vaults) and a reserve of BNB is kept on BSC to enable immediate withdrawals. When reserves run low, an undelegation is triggered on BC to automatically top them up, subject to the 7-day unbonding period.

## Verification Reference

First delegation:\
[Deposit on BSC](https://bscscan.com/tx/0xd48b7205a0bed3945f166b59474b5d8e7f54431fac83d2676e17baa7f8c1b940#eventlog) -> [Delegate on BC](https://explorer.bnbchain.org/tx/80D6CFDF4535D4D6BC1DEC55BBE2A6577BF357767A8F34FE9DE3F79A25F4A420) -> [Delegate ACK on BSC](https://bscscan.com/tx/0x7ca0e0d5f73c32e0e120fbec4948c7b10da7fc9757f3b2b2d49dd320fa02a0a7#eventlog)

Reward address on BC: [bnb19ws83p95z4f4tf2u0l03ehp03aa3ckrfjly09q](https://explorer.bnbchain.org/address/bnb19ws83p95z4f4tf2u0l03ehp03aa3ckrfjly09q)

Note: reward accumulates on BC and gets sent back to BSC when it reaches > \~1 BNB.

Delegate address on BC: [bnb1q0v3ej7fq603nl2vglram26egy5xmwt6q6gsgn](https://explorer.bnbchain.org/address/bnb1q0v3ej7fq603nl2vglram26egy5xmwt6q6gsgn)

Note: Explorer does not show delegations on delegate address page, but you can verify them from the validators' pages - reward address -> staking tab -> any validator -> delegators tab -> scroll and search for delegate address

First staking reward:\
[Reward received on BSC](https://bscscan.com/tx/0xdb5b63de7fe3a09d0e7ddcc30cf85c3e6fc27c7ea2876ec32da29b1342e02e7a#eventlog) -> [Reward claimed on BSC](https://bscscan.com/tx/0x58e30595c5bfa3ada0a44e3fd4be89546d88cbab22695081fec27178c18ab29c#eventlog)

First undelegation:\
[Undelegate on BSC](https://bscscan.com/tx/0x1709118184022c18123ce9b27fc7c78d6a9157f19e2ce11e2609b71952fa6e13#eventlog) -> [Undelegate on BC](https://explorer.bnbchain.org/tx/AFE8976DAC8F8ECD1E99FB80EFE951DBEF85717564270C320CE92F93EAB2A87D) -> [Undelegate ACK on BSC](https://bscscan.com/tx/0x1cada1266e390be4f13a453d484e9f9fcdcb062e31139dc3f6552810fcc5c3d6#eventlog) -> [Undelegate claimed on BSC](https://bscscan.com/tx/0x45f64dfa52ce0e8877005a04b966dd19b0b35c7e427a0e3b55b7fa35f585207b#eventlog)

Note: when BNB reserves in the Vault are low, Harvest will trigger an undelegation to top up the reserves.

### Verify reserves on BSC staking system contract

Read contract on BscScan, verify using methods getTotalDelegated, getDelegated:\
[0x0000000000000000000000000000000000002001](https://bscscan.com/address/0x0000000000000000000000000000000000002001#readContract)

For delegator address, use the Vault address: [0x09A18250f99118f40a5D992D537E24b8BD9880F3](https://bscscan.com/address/0x09A18250f99118f40a5D992D537E24b8BD9880F3)

For validator address, convert validator's BC address from [bech32 to hex](https://slowli.github.io/bech32-buffer/).


# Liquidizer Vaults

Liquidizer Vaults are designed to automate yield farming on top of illiquid farms and "liquidize" them.

Parameters of Liquidizer Vaults are:

* Reserves: The amount of liquid reserves in the Vault that are not locked in the underlying protocol and available for users to withdraw.
* Reserve Ratio: The ratio of liquid reserves in the Vault as a percentage of the total Vault TVL.
* Target Reserve Ratio: The Reserve Ratio the Vault aims to maintain.
* Amp: The [StableSwap](https://curve.fi/files/stableswap-paper.pdf) parameter the Vault uses to calculate withdrawal "slippage".

When a user withdraws:

* Any amount that does not bring Reserves below Target Reserves is withdrawn as normal.
* Any amount that brings Reserves below Target Reserves experiences "slippage" as if they were trading against a StableSwap pool with 2 balances: Reserves and Target Reserves.

For example, if a user were to withdraw 100 FTM from a Vault with Reserves of 1000 FTM and a Target Reserve of 2000 FTM, it would be as if he was selling 100 FTMA to a StablePool with 2000 FTMA and 1000 FTMB.


# DEX - Acsi.Finance (BalancerV2)

Built on Balancer V2, Acsi.Finance brings the first next-generation AMM protocol to Binance Smart Chain.

## Quick Start

* [Trading](https://docs.balancer.fi/getting-started/walkthroughs/trading)
* [Investing](https://docs.balancer.fi/getting-started/walkthroughs/invest)

## What is Balancer?

Balancer is an automated portfolio manager, liquidity provider, and price sensor.

Balancer turns the concept of an index fund on its head: instead of paying fees to portfolio managers to rebalance your portfolio, you collect fees from traders, who rebalance your portfolio by following arbitrage opportunities.

Balancer is based on an [N-dimensional invariant surface](https://balancer.finance/whitepaper/) which is a generalization of the constant product formula described by Vitalik Buterin and proven viable by the popular Uniswap dapp.

Balancer V2 brings powerful new features to slash gas costs, super-charge capital efficiency, unlock arbitrage with zero-token starting capital, and open the door to custom AMMs.

## Additional Resources

* [Balancer V2 documentation](https://docs.balancer.fi/)
* [Balancer V2 FAQs](https://docs.balancer.fi/getting-started/faqs)

## Security & Audits

Acsi.Finance uses Balancer V2 contracts verbatim, which have completed [several full audits](https://docs.balancer.fi/core-concepts/security/audits) and have a comprehensive [bug bounty](https://docs.balancer.fi/core-concepts/security/bug-bounties) program.

Hacken have [verified Acsi.Finance deployments](https://github.com/acryptos/acryptos-protocol/blob/main/audits/20211105-Hacken-AcsiFinance-BalancerV2.pdf) are identical to Balancer V2 on Ethereum Mainnet.

### Binance Smart Chain Deployments

Vault: [0xa82f327BBbF0667356D2935C6532d164b06cEced](https://bscscan.com/address/0xa82f327BBbF0667356D2935C6532d164b06cEced)\
WeightedPoolFactory: [0xB7238020C331E8cdfD26db299CFD2076df812e6F](https://bscscan.com/address/0xB7238020C331E8cdfD26db299CFD2076df812e6F)\
WeightedPool2TokensFactory: [0xC8201dC54256C292FF8Ab9b5cB6b01e1A5097037](https://bscscan.com/address/0xC8201dC54256C292FF8Ab9b5cB6b01e1A5097037)\
StablePoolFactory: [0xD2eAda8BffDabB9321E1512d897aFd3537dbc1A3](https://bscscan.com/address/0xD2eAda8BffDabB9321E1512d897aFd3537dbc1A3)\
Authorizer: [0x1Bd090BFF5dE8Cbd74C0399197090c0Ec1d91f5c](https://bscscan.com/address/0x1Bd090BFF5dE8Cbd74C0399197090c0Ec1d91f5c)\
BalancerHelpers: [0x2437b41252B5ACc774146cEFDE4D055115641675](https://bscscan.com/address/0x2437b41252B5ACc774146cEFDE4D055115641675)

## Price Impact for Liquidity Providers

When you deposit into an Acsi.Finance pool, you receive an LP token representing a share of that pool. This represents all tokens in the pool at the proportions they are currently in.

If you deposit or withdraw in proportions which are different from the pool's current proportions, what happens behind the scenes is that the tokens are exchanged so it matches the proportions of the pool.

A pool is "balanced" when the value of its tokens matches their weights. For example, a BNB/ETH/BTC 33%/33%/33% pool is "balanced" when it has $1M worth of BNB, ETH and BTC *each*.

Any transaction - trade / deposit / withdrawal - that brings a pool into "balance" would result in a "profit" - i.e. you would be able to arbitrage it for a profit. And vice-versa - any transaction bringing a pool "off-balance" would result in a "loss" - someone would then be able to arbitrage the pool for a profit.


# DEX - ACSI StableSwap

ACryptoS StableSwap is an automated market maker (AMM) enabling fast and efficient stablecoin trading at the best prices with low slippage and fees on Binance Smart Chain.

## Cheaper Better Faster

ACryptoS StableSwap is an [automated market maker (AMM)](https://academy.binance.com/en/articles/what-is-an-automated-market-maker-amm) protocol based on Curve’s specialized algorithm tailored for stable coins. ACryptoS is offering the first AMM for stable coins based on this algorithm on the Binance Smart Chain (BSC).

Trading on the Binance Smart Chain is both faster and significantly cheaper than trading on the Ethereum chain. ERC-20 Tokens can be crossed over from Ethereum to Binance Smart Chain via the Binance Bridge.

Acryptos StableSwap enables efficient stablecoin trading at best prices which is

* **\~10x lower exchange fee**;
* **\~100x less slippage** when trading stable coins compared to the various UniSwap type AMMs available.

as compared to various UniSwap type AMMs on Binance Smart Chain.

This is due to the usage of Curve's [specialized algorithm tailored for trading of stablecoins and other pegged assets](https://www.curve.fi/stableswap-paper.pdf).

Trading on Binance Smart Chain also means gas costs up to **\~100X cheaper** than on Ethereum, and a **\~5X faster** block interval of 3 seconds.

Resources:

Find out more about [Stablecoins](https://academy.binance.com/en/articles/what-are-stablecoins).

Find out more about [AMM and Liquidity Provider](https://academy.binance.com/en/articles/what-is-an-automated-market-maker-amm).

[How to use ACryptoS StableSwap (Video Tutorial)](https://www.youtube.com/watch?v=xn-apvGCsFY) - contributed by [CryptoBKT (Hsing)](https://t.me/cryptoBKT)

[Frequently Asked Questions](/tutorials-guides/faq)

## Yield Farming with ACSI <a href="#b267" id="b267"></a>

We share a stake in the protocol with ACryptoS StableSwap liquidity providers, distributing ACSI tokens via our farms.

50% of exchange fees are used to buy back and distribute ACSI to ACSI stakers via the ACSI Vault, while the remainder 50% are earned by liquidity providers.

Do remember to stake in our Farms after depositing into the pools.

## ACS4USD Corepool

Our core pool comprises the four stablecoins: 1. BUSD 2. USDT 3. DAI 4. USDC

## ACS4 + VAI / UST / QUSD Metapools

These metapools allow seamless trading between the metapool's additional token, and all 4 tokens in the ACS4USD core-pool.

Metapools allow for one token to seemingly trade with another underlying base pool with several benefits:

1.Prevents dilution of base pool.

2.Allows listing of less liquid assets.

3.Base pool holders are shielded from systemic risks of the metapool. (i.e. should VAI lose it's peg, ACS4USD corepool liquidity providers who did not provide liquidity to the metapool will not be affected)

## Price Impact for Liquidity Providers

When you deposit into a StableSwap pool or metapool, you receive an LP token representing a share of that pool. This represents all tokens in the pool at the proportions they are currently in.

These proportions change whenever there is a swap, but in the long run, as long as the tokens maintain their peg, the proportions should revert equally.

If you deposit or withdraw in proportions which are different from the pool's current proportions, what happens behind the scenes is that the tokens are exchanged so it matches the proportions of the pool.

This effectively means if you deposit a token that the pool has a lower proportion of, you will get a "positive" price impact, and vice versa.

In general, if the token's market prices are at peg, it would be profitable to help "rebalance" the pool by depositing or withdrawing. However this might not be the case if prices are off peg. For example, if DAI's market price is significantly above peg, it's proportion in the pool should be much lower than the others'. If you deposit more DAI, you might see a "positive" price impact but depositing too much would push the price of DAI in the pool down and arbitrageurs would be able to buy it from the pool and sell it elsewhere for a profit.

Do note for metapools, a balanced proportion is achieved when the non-base token is equal to the base pool, i.e. when ACS4VAI has 50% VAI and 50% ACS4.

***

## Risk: StableSwap assets losing their pegs

When investing in stableswap pools, you are exposed to each of the assets in the pool and risk (impermanent) loss of funds if one of the coins loses its peg.

**Mitigation:**

ACryptoS has split the StableSwap pools into a core pool and a number of metapools. The core pool is made up of BUSD, USDT, DAI and USDC.

The meta pools each contain one additional asset (e.g., VAI). The risk of an asset losing its peg in the meta pools is higher than the core pool (this is also compensated by a higher APY in the meta pools).


# Liquid Wrapper veNFT + ve(3,3) Vaults

### Depositing via our Wrapper vault

![](https://raw.githubusercontent.com/acryptos/docs.acryptos.com/master/images/Guide%20-%20Solidly%20fork%20VARA-acsVARA.jpg)

Our Liquid Wrapper Vaults are a set of vaults specially designed to work with ve(3,3) DEXs, allowing liquidity for otherwise locked native tokens, and providing Boosted yields for users. These vaults work cohesively together to form a positive flywheel.

### Benefits:

* helping ve(3,3) protocols lock more of their native tokens to veNFTs
* allowing users to farm higher APY with their tokens without the need to invest in native token veNFTs

## How It Works

There are 3 parts to how a user can use our vaults to get maximum benefits.

1. autoCompunding vaults for Liquidity Pool farms
2. Liquid veNFT Vault (acs\_veNFT)
3. acs\_veNFT-DEXtoken LP vault

*\*Our Liquid Wrapper Vault mechanics vary depending on different partners. Some ve(3,3) DEX have APY Boosts on their farms while others do not. Check individual docs in the next few pages for full details.*

———

### 1️⃣ autoCompunding vaults for Liquidity Pool farms

* These vaults collect DEX native token emissions from the farm, and autoCompound them back into the LP, increasing the number of tokens in the LP
* The veNFT in the Liquid veNFT Vault (explained [below](https://github.com/acryptos/docs.acryptos.com/blob/master/acryptos-vaults/liquid-wrapper-vaults/README.md#2-liquid-vesliz-vault-acssliz)) will Boost the APY for these vaults, up to 2.5X

Examples (using SolidLizard DEX):

* User A forms a ETH-ARB LP, and farms it for 50% APR, manually harvesting the $SLIZ rewards every few days. User A has no Boosted rewards because he doesn't lock $SLIZ for any veSLIZ
* User B forms a ETH-ARB LP, and stakes in our ETH-ARB Vault. The $SLIZ rewards are autoCompounded few times a day, swapping $SLIZ to ETH and ARB, forming more ETH-ARB LP, and adding on to the original stake. User B gets 125% APR (2.5X Boosted rewards) even if he doesn't lock $SLIZ for veSLIZ.

TL/DR 👉Users can autoCompound their LP with Boosted rewards, without needing to lock DEX tokens to veNFT themselves.

### 2️⃣ Liquid veNFT Vault (acs\_veNFT)

* Users stake their ve(3,3) DEX native tokens in the vault, getting a acs\_veNFT receipt token, and get benefits as if they locked veNFT themselves (trading fees/bribes/rebases etc.). Our strategy then locks the tokens for max period, getting max veNFT voting power.
* 50% of Boosted rewards from ALL LP Vaults launched by ACryptoS on the ve(3,3) DEX, are rewarded to acs\_veNFT (veNFT Vault) holders
* This veNFT Vault maintains a % Reserve, allowing users to withdraw back the DEX native tokens at any time, where otherwise their veNFT would be locked for 4 years

*\*Note: Withdrawals are subject to available DEX native tokens in the Vault Reserves. Reserves are constantly topped up from multiple sources (bribes/Boost Rewards etc.). Vault Strategy is based on our Liquidizer Vault (one of our other unique strategies, more info* [*here*](/products/legacy-products/liquidizer-vaults)*)*

TL/DR 👉

* Users stake their DEX tokens, gets full locking benefits without locking, gets rewards APY from all ACryptoS LP Vaults on the DEX
* The more DEX tokens staked in the veNFT Vault, the higher the Boosted APY for the LP vaults↩️
* The more the LP vaults gain TVL, the more rewards go to the veNFT Vault↩️

### 3️⃣ acs\_veNFT-DEXtoken LP vault

* Users can pair their acs\_veNFT token (Liquid veNFT Vault receipt) with the DEX token, forming an LP
* The voting power from the single-token veNFT Vault will be directed to the acs\_veNFT-DEXtoken LP farm *\*voting strategy might be adjusted after initial launch period, based on TVL and APY*
* Based on the weekly voting %, the farm receives DEX native token emissions.
* Users can form the LP and stake in our acs\_veNFT-DEXtoken Vault, autoCompounding more of itself
* This LP provides another method for users to exit their acs\_veNFT position back to the DEX token

TL/DR 👉 Users get max APY by staking in Liquid veNFT Vault, then using the receipt acs\_veNFT token to stake further in acs\_veNFT-DEXtoken Vault


# SolidLizard veSLIZ

## How It Works

[SolidLizard](https://solidlizard.finance/) $SLIZ

* They have a 2.5X [Boost function](https://solidlizard.gitbook.io/solidlizard/how-to-use-the-boost-calculator) for their LP farms. If a user stakes $SLIZ as a veNFT, locking it for a period of time, they will receive Boosts on the LP farms they stake in.
* The larger the veNFT they have, the more they will be able to Boost the LP farms.

———

### 1️⃣ autoCompunding vaults for Liquidity Pool farms

* These vaults collect $SLIZ emissions from the farm, and autoCompound them back into the LP, increasing the number of tokens in the LP
* The veNFT in the Liquid veSLIZ Vault (explained [below](https://github.com/acryptos/docs.acryptos.com/blob/master/acryptos-vaults/acryptos-vaults/liquid-wrapper-vaults/README.md#2-liquid-vesliz-vault-acssliz)) will Boost the APY for these vaults, up to 2.5X

Examples:

* User A forms a ETH-ARB LP, and farms it for 50% APR, manually harvesting the $SLIZ rewards every few days. User A has no Boosted rewards because he doesn't lock $SLIZ for any veSLIZ
* User B forms a ETH-ARB LP, and stakes in our ETH-ARB Vault. The $SLIZ rewards are autoCompounded few times a day, swapping $SLIZ to ETH and ARB, forming more ETH-ARB LP, and adding on to the original stake. User B gets 125% APR (2.5X Boosted rewards) even if he doesn't lock $SLIZ for veSLIZ.

TL/DR 👉Users can autoCompound their LP with Boosted rewards, without needing to lock $SLIZ to veSLIZ themselves.

### 2️⃣ Liquid veSLIZ Vault (acsSLIZ)

* Users stake their $SLIZ in the vault, getting a acsSLIZ receipt token, and get benefits as if they locked veSLIZ themselves (trading fees/bribes/rebases etc.). Our strategy then locks the $SLIZ for max period, getting max veSLIZ voting power.
* 50% of Boosted rewards from ALL our LP Vaults, are rewarded to acsSLIZ (veSLIZ Vault) holders
* This veSLIZ Vault allows users to withdraw $SLIZ at any time, where otherwise their veSLIZ would be locked for 4 years

*\*Note: Withdrawals are subject to available $SLIZ in the Vault Reserves. Reserves are constanly topped up from above-mentioned sources (bribes/Boost Rewards etc.). Vault Strategy is based on our Liquidizer Vault (one of our other unique strategies, more info* [*here*](https://github.com/acryptos/docs.acryptos.com/blob/master/acryptos-vaults/acryptos-vaults/liquidizer-vaults.md)*)*

TL/DR 👉 Users stake their $SLIZ, gets full locking benefits without locking, gets rewards APY from all our LP Vaults on SolidLizard

The more $SLIZ staked in the veSLIZ Vault, the higher the Boosted APY for the LP vaults↩️

The more the LP vaults gain TVL, the more rewards go to the veSLIZ Vault↩️

### 3️⃣ acsSLIZ-SLIZ LP vault

* Users can pair their acsSLIZ token (Liquid veSLIZ Vault receipt) with $SLIZ, forming an LP
* The voting power from the single-token veSLIZ Vault will be directed to the acsSLIZ-SLIZ LP farm *\*voting strategy might be adjusted after initial launch period, based on TVL and APY*
* Based on the weekly voting %, the farm receives $SLIZ emissions.
* Users can form the LP and stake in our acsSLIZ-SLIZ Vault, autoCompounding more of acsSLIZ-SLIZ
* This acsSLIZ-SLIZ LP provides another method for users to exit their acsSLIZ position back to $SLIZ

TL/DR 👉 Users get max APY by staking in Liquid veSLIZ Vault, then using the receipt acsSLIZ token to stake further in acsSLIZ-SLIZ Vault

***

## Steps:

Investing in SLIZ-acsSLIZ Vault

1. Buy $SLIZ on <https://solidlizard.finance/swap>
2. Stake $SLIZ in our [veSLIZ Vault](https://app.acryptos.com/vaults/42161/0x16C4BA98623a1B05d35b9923fB00E9fE02D0B47f), and get acsSLIZ receipt token
3. Form SLIZ-acsSLIZ LP at <https://solidlizard.finance/liquidity>
4. Stake in our [SLIZ-acsSLIZ Vault](https://app.acryptos.com/vaults/42161/0x61A34758576D651643A90838f3eCF86e8680874D)

***

### Additional Notes:

The above vaults can be used independent of each other.

Withdrawal fees: 0.1%


# Equilibre veVARA

## How It Works

[Equilibre DEX](https://equilibrefinance.com/) $VARA

———

### 1️⃣ autoCompunding vaults for Liquidity Pool farms

* These vaults collect $VARA emissions from the farm, and autoCompound them back into the LP, increasing the number of tokens in the LP
* Performance fees collected from the yields are one of the lowest (almost half of other major yield optimizers), and already factored into the APY, displayed accurately real-time.

<https://app-v2.acryptos.com/#/KAVA/vaults/equilibre>

TL/DR 👉Users can autoCompound their LP with Boosted rewards, with one of the lowest fees among Yield Optimizers.

### 2️⃣ Liquid veVARA Vault (acsVARA)

* Users stake their $VARA in the vault, getting a acsVARA receipt token, and get benefits as if they locked veVARA themselves (trading fees/bribes/rebases etc.). Our strategy then locks the $VARA for max period, getting max veVARA voting power.
* This veVARA Vault receipt token can be then paired with VARA, allowing users to swap $acsVARA to $VARA at any time, where otherwise their veVARA would be locked for 4 years

TL/DR 👉 Users stake their $VARA, gets full locking benefits, while being able to swap back to $VARA.

### 3️⃣ acsVARA-VARA autoCompounding vault

* Users can pair their acsVARA token (Liquid veVARA Vault receipt) with $VARA, forming an LP
* The voting power from the single-token veVARA Vault will be directed to the acsVARA-VARA LP farm *\*voting strategy might be adjusted after initial launch period, based on TVL and APY*
* Based on the weekly voting %, the farm receives $VARA emissions.
* Users can form the LP and stake in our acsVARA-VARA Vault, autoCompounding more of acsVARA-VARA
* This acsVARA-VARA LP is currently the main liquidity for users looking to exit their acsVARA position back to $VARA

TL/DR 👉 Users get a good APY by staking in Liquid veVARA Vault, then using the receipt acsVARA token to stake further in acsVARA-VARA Vault, gaining even more APY.

***

## Steps:

Investing in VARA-acsVARA Vault

1. Buy $VARA on <https://equilibrefinance.com/swap>
2. Stake $VARA in our [veVARA Vault](https://app.acryptos.com/vaults/2222/0x53a5dD07127739e5038cE81eff24ec503A6CC479), and get acsVARA receipt token

OR you may also just buy acsVARA at <https://equilibrefinance.com/swap>

3. Form VARA-acsVARA LP at <https://equilibrefinance.com/liquidity>
4. Stake in our [VARA-acsVARA Vault](https://app.acryptos.com/vaults/2222/0x742D5c9Bd27693Da1E982aDCf0f89BEC40A671Ef)

***

### Additional Notes:

The above vaults can be used independently of each other.

Withdrawal fees: 0.1%


# Flair DEX veFLDX

## How It Works

[Flair DEX](https://app.flairdex.xyz/) $FLDX

* They have a 2.5X [Boost function](https://docs.flairdex.xyz/core-concepts/rewards#boosting) for their LP farms. If a user stakes $FLDX as a veNFT, locking it for a period of time, they will receive Boosts on the LP farms they stake in.
* The larger the veNFT they have, the more they will be able to Boost the LP farms.

———

### 1️⃣ autoCompunding vaults for Liquidity Pool farms

* These vaults collect $FLDX emissions from the farm, and autoCompound them back into the LP, increasing the number of tokens in the LP
* The veNFT in the Liquid veFLDX Vault (explained [below](https://github.com/acryptos/docs.acryptos.com/blob/master/acryptos-vaults/acryptos-vaults/liquid-wrapper-vaults/README.md#2-liquid-vesliz-vault-acssliz)) will Boost the APY for these vaults, up to 2.5X

Examples:

* User A forms a AVAX-USDC LP, and farms it for 50% APR, manually harvesting the $FLDX rewards every few days. User A has no Boosted rewards because he doesn't lock $FLDX for any veFLDX
* User B forms a AVAX-USDC LP, and stakes in our AVAX-USDC Vault. The $FLDX rewards are autoCompounded few times a day, swapping $FLDX to AVAX and USDC, forming more AVAX-USDC LP, and adding on to the original stake. User B gets 125% APR (2.5X Boosted rewards) even if he doesn't lock $FLDX for veFLDX.

TL/DR 👉Users can autoCompound their LP with Boosted rewards, without needing to lock $FLDX to veFLDX themselves.

### 2️⃣ Liquid veFLDX Vault (acsFLDX)

* Users stake their $FLDX in the vault, getting a acsFLDX receipt token, and get benefits as if they locked veFLDX themselves (trading fees/bribes/rebases etc.). Our strategy then locks the $FLDX for max period, getting max veFLDX voting power.
* 50% of Boosted rewards from ALL our LP Vaults, are rewarded to acsFLDX (veFLDX Vault) holders
* This veFLDX Vault allows users to withdraw $FLDX at any time, where otherwise their veFLDX would be locked for 4 years

*\*Note: Withdrawals are subject to available $FLDX in the Vault Reserves. Reserves are constanly topped up from above-mentioned sources (bribes/Boost Rewards etc.). Vault Strategy is based on our Liquidizer Vault (one of our other unique strategies, more info* [*here*](https://github.com/acryptos/docs.acryptos.com/blob/master/acryptos-vaults/acryptos-vaults/liquidizer-vaults.md)*)*

TL/DR 👉 Users stake their $FLDX, gets full locking benefits without locking, gets rewards APY from all our LP Vaults on Flair DEX

The more $FLDX staked in the veFLDX Vault, the higher the Boosted APY for the LP vaults↩️

The more the LP vaults gain TVL, the more rewards go to the veFLDX Vault↩️

### 3️⃣ acsFLDX-FLDX LP vault

* Users can pair their acsFLDX token (Liquid veFLDX Vault receipt) with $FLDX, forming an LP
* The voting power from the single-token veFLDX Vault will be directed to the acsFLDX-FLDX LP farm *\*voting strategy might be adjusted after initial launch period, based on TVL and APY*
* Based on the weekly voting %, the farm receives $FLDX emissions.
* Users can form the LP and stake in our acsFLDX-FLDX Vault, autoCompounding more of acsFLDX-FLDX
* This acsFLDX-FLDX LP provides another method for users to exit their acsFLDX position back to $FLDX

TL/DR 👉 Users get max APY by staking in Liquid veFLDX Vault, then using the receipt acsFLDX token to stake further in acsFLDX-FLDX Vault

***

## Steps:

Investing in FLDX-acsFLDX Vault

1. Buy $FLDX on <https://app.flairdex.xyz/swap>
2. Stake $FLDX in our [veFLDX Vault](https://app.acryptos.com/vaults/43114/0x2Dd5a62a5D4E4D20622061C823f9648E3078012d), and get acsFLDX receipt token
3. Form FLDX-acsFLDX LP at <https://app.flairdex.xyz/liquidity>
4. Stake in our [FLDX-acsFLDX Vault](https://app.acryptos.com/vaults/43114/0x567c7c67d3e8C4805eff56B8F143753fa1337A23)

***

### Additional Notes:

The above vaults can be used independent of each other.

Withdrawal fees: 0.1%


# Velocimeter veFLOW

## How It Works

[Velocimeter DEX](https://www.velocimeter.xyz/) $FLOW

———

### 1️⃣ autoCompunding vaults for Liquidity Pool farms

* These vaults collect $FLOW emissions from the farm, and autoCompound them back into the LP, increasing the number of tokens in the LP
* Performance fees collected from the yields are one of the lowest (almost half of other major yield optimizers), and already factored into the APY, displayed accurately real-time.

TL/DR 👉Users can autoCompound their LP with Boosted rewards, with one of the lowest fees among Yield Optimizers.

### 2️⃣ Liquid veFLOW Vault (acsFLOW)

* Users stake their $FLOW in the vault, getting a acsFLOW receipt token, and get benefits as if they locked veFLOW themselves (trading fees/bribes/rebases etc.). Our strategy then locks the $FLOW for max period, getting max veFLOW voting power.
* This veFLOW Vault receipt token can be then paired with FLOW, allowing users to swap $acsFLOW to $FLOW at any time, where otherwise their veFLOW would be locked for 4 years

TL/DR 👉 Users stake their $FLOW, gets full locking benefits, while being able to swap back to $FLOW.

### 3️⃣ acsFLOW-FLOW LP vault

* Users can pair their acsFLOW token (Liquid veFLOW Vault receipt) with $FLOW, forming an LP
* The voting power from the single-token veFLOW Vault will be directed to the acsFLOW-FLOW LP farm *\*voting strategy might be adjusted after initial launch period, based on TVL and APY*
* Based on the weekly voting %, the farm receives $FLOW emissions.
* Users can form the LP and stake in our acsFLOW-FLOW Vault, autoCompounding more of acsFLOW-FLOW
* This acsFLOW-FLOW LP is currently the main liquidity for users looking to exit their acsFLOW position back to $FLOW

TL/DR 👉 Users get a good APY by staking in Liquid veFLOW Vault, then using the receipt acsFLOW token to stake further in acsFLOW-FLOW Vault, gaining even more APY.

***

## Steps:

Investing in FLOW-acsFLOW Vault

1. Buy $FLOW on <https://www.velocimeter.xyz/swap>
2. Stake $FLOW in our [veFLOW Vault](https://app.acryptos.com/vaults/7700/0x53a5dD07127739e5038cE81eff24ec503A6CC479), and get acsFLOW receipt token

OR you may also just buy acsFLOW at <https://www.velocimeter.xyz/swap>

3. Form FLOW-acsFLOW LP at <https://app.velocimeter.xyz/liquidity>
4. Stake in our [FLOW-acsFLOW Vault](https://app.acryptos.com/vaults/7700/0x2cC96A6000979AdAF5cc4f4393371f1fB608E234)

***

### Additional Notes:

The above vaults can be used independently of each other.

Withdrawal fees: 0.1%


# Chronos Finance LP Vaults

Chronos Finance incentivises liquidity providers with "[maturity adjusted](https://docs.chronos.exchange/product-docs/dex-functionality/liquidity-pools#maturity-adjusted-lp-returns)" farming emissions that increase over time.

Our Vaults fully optimise for this:

* On any withdrawal, the newest deposits are withdrawn first. This maximises our maturity adjusted boost.
* Whenever possible, we merge (on deposit) and split (on withdrawal) the Vaults' maNFTs to optimise yield and gas costs.


# Vaults with Farm

ACryptoS Vaults grow your assets via automated yield Strategies.

ACryptoS Vaults save users time and enables higher yields through creative automations, optimal compounding frequency, and highly efficient gas utilisation.

When you deposit into a Vault, your tokens will grow over time. You do not need to manually harvest the vaults.

Most Vaults have a Farm where you can **Stake** your deposit to earn ACS or ACSI, a stake in the protocol.

\*The only exceptions being the [ACS Vault and ACSI Vault](/products/vaults#acs-and-acsi-vault), where there is no need to Stake after depositing.

Our Vaults may offer up to three different types of returns depending on the Vault and what the user chooses to do which we have labelled as:

* Swap APY
* Vault APY
* ACS APR

**Swap APY** represents the rate at which the monetary value of the deposited Liquidity Provider (LP) tokens rises at. This yield is generated through the swap fees gained as a Liquidity Provider.

**Vault APY** refers to the yield generated from Vault Strategies.

**ACS APR** is the rate at which ACS rewards are given to users that stake their tokens.

![Example: ADA-BNB Vault](https://user-images.githubusercontent.com/80501310/112007522-ae752980-8b5f-11eb-981b-cf9d15ff9632.png)

Image Credit: [Jake](https://t.me/manxsir)

Resources:

[How to use ACryptoS Vaults and Farms (Video Tutorial)](https://www.youtube.com/watch?v=DBiA7-CY4PE) - contributed by [CryptoBKT (Hsing)](https://t.me/cryptoBKT)

Find out more about [AMM and Liquidity Provider](https://academy.binance.com/en/articles/what-is-an-automated-market-maker-amm).

Find out more about [APY vs APR](https://academy.binance.com/en/ask/questions/apy-and-apr)

[Frequently Asked Questions](/tutorials-guides/faq)

## ACS and ACSI Vault

ACS Vault and ACSI Vault are vaults for our native/governance tokens, which receive a [good share of the ongoing token emissions](https://github.com/acryptos/docs.acryptos.com/tree/edd9ea1959f1aebf3d024bb639cd5dec4dd46b81/feed.md), and most of the protocol fees are used to [buy-back ACS and ACSI](https://www.reddit.com/r/ACryptoS/comments/kth0v2/valuing_users_commitment_buyback_instead_of_burn/) and redistribute them in these Vaults.

## Venus Vaults

These Vaults stake recursively on Venus at \~7.6X leverage, farm XVS and swap it for more of the staked token.

At start, users may notice the value of their holdings in the Vault **slowly decreasing on each block**.

This is normal because we are using leverage on Venus, and the borrow amount increases faster than the supply amount. Also the value of the farmed XVS is not included at start.

The balance will increase once XVS is included (after each harvest of the Vault).

Resources:

[Advanced Yield Farming Strategies on Venus protocol](https://medium.com/acryptos/advanced-yield-farming-strategies-on-venus-protocol-46a4044573fc) - by x.ACryptoS

## CAKE Vault

This Vault stakes and farms CAKE on PancakeSwap.

## PancakeSwap Liquidity Provider (LP) Vaults

These Vaults stake PancakeSwap LP tokens, farms CAKE and swaps it for more of the staked LP tokens.

## MDX Vault

This Vault stakes and farms MDX on Mdex.

## Mdex Liquidity Provider (LP) Vaults

These Vaults stake Mdex LP tokens, farms MDX and swaps it for more of the staked LP tokens.

## Workers

Anyone can help [harvest an ACryptoS Vault](https://app.acryptos.com/worker/) and earn the [harvester's reward](https://github.com/acryptos/docs.acryptos.com/blob/master/products/vaults/broken-reference/README.md) as a gas subsidy. This decentralises the automation of our vaults.

You do not need to do this as a normal user, your holdings in the Vault will compound automatically.


# Tokenomics & Fees

## <mark style="color:red;">$ACS</mark> Token

### Liquidity

* Uniswap V3 (BSC): [Trade](https://app.1inch.io/#/56/advanced/swap/BNB/0x8888888888f004100C0353d657BE6300587A6CcD) / [Liquidity](https://app.uniswap.org/add/0x8888888888f004100C0353d657BE6300587A6CcD/ETH/10000?chain=bnb) Info: [US](https://app.uniswap.org/explore/pools/bnb/0x86D708404d0DB1D97843E66D4Ed6B86d11bE705B) / [DS](https://dexscreener.com/bsc/0x86D708404d0DB1D97843E66D4Ed6B86d11bE705B)
* Equilibre (Kava): [Trade](https://equilibrefinance.com/swap) / [Liquidity](https://app.acryptos.com/vaults/2222/0x05Aa420a97449c0C54B369BAfaA9Ca43a77004eD/) Info: [DS](https://dexscreener.com/kava/0x395e6e5f3df5120fda26be1849d4388cc2500435)

[Dex Screener Watchlist](https://dexscreener.com/watchlist/9qDR83Yk0EjRCCPE26sH)

### Bridge & Migration

* **Bridge ACS:** <https://app.acryptos.com/acs/bridge/>\
  $ACS is native on BNB Chain. It can be used in a number of other chains through our bridge, developed via LayerZero.
* **Migrate ACS:** <https://app.acryptos.com/acs/migrate/>\
  $ACS has been updated to a new token contract. This is due to a Multichain issue in 2023. Please migrate any of your original $ACS to the new contract. See below for full details.

### Tokenomics

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

{% hint style="info" %}
Current total supply can be tracked on [Coinmarketcap](https://coinmarketcap.com/currencies/acryptos/).
{% endhint %}

Fees collected from all ACryptoS vaults go to ACryptoS [Treasury](https://debank.com/profile/0x5bd97307a40dfbfdbaef4b3d997adb816f2dadcc) 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](#liquidity) section above.

*\*All parameters may be adjusted in future via governance.*

<details>

<summary><strong>Multichain.org Incident - July 2023</strong></summary>

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 migration](https://vote.acryptos.com/#/proposal/0x16b1bcf3b151f9de38b151616f5d83bfdc2415a677cd5953ec1be2d0343009e1).

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](#bridge-and-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/>

</details>

<details>

<summary><mark style="color:red;">$ACS</mark> and <mark style="color:orange;">$ACSI</mark> Token Merger</summary>

There were discussions on simplifying ACryptoS tokenomics to a single token, and a [governance vote was passed](https://vote.acryptos.com/#/proposal/0xe9b6e77cfeafaf95556ed7e7d882d2792c0eaca32c317688f56cf7b037521de4) to merge $ACSI at a 4:1 ratio to the new $ACS token.

* Withdraw from $ACSI vault with no penalty fees: <https://app-legacy.acryptos.com/core/>
* $ACSI migration to $ACS token: <https://app.acryptos.com/acs/migrate/>

</details>

\**$ACS and $ACSI Tokenomics was upgraded in 2023. Link to original tokenomics can be found* [*here*](/dao/legacy/fees-legacy)*.*

***

## 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](/products/vaults/single-token-vaults#advanced-functions).

{% hint style="success" %}
*The above **performance / strategist / harvester fees** are transparent to users and already accounted for in the displayed "Vault APY". We disclose them here for transparency.*
{% endhint %}

### StableSwap (Legacy)

[Stableswap](https://app-legacy.acryptos.com/stableswap/) is currently a Public Goods protocol on BSC. All fees go to liquidity providers. Exchange fee: 0.01%

### Acsi.Finance (Legacy)

[Acsi.Finance](https://app.acsi.finance) is currently a Public Goods protocol on BSC. All fees go to liquidity providers. Exchange fee: Variable (displayed on UI)


# Governance

## DAO

$ACS holders are able to participate in key governance decisions via snapshot.

{% hint style="info" %}
Governance app: <https://vote.acryptos.com/>
{% endhint %}

$ACS held in users' wallets qualify for governance rights. Voting weight is measured in $ACS amount.

A minimum of 88 $ACS is required to create new community proposals.

## Core DAO

The Core DAO was [formed](https://vote.acryptos.com/#/acryptos/proposal/QmcXRoMHmgxQukYHSzgMsDcYHprsHW5rJZsnWPCypLbv3U) via Governance voting to [represent](https://vote.acryptos.com/#/acryptos/proposal/QmV4WD7eDSFhifv39vUN1Aqh42w99xzayN9NyyzMbq5cJB) the will of the DAO (community of $ACS holders), acting in their best interests.

## Treasury

A [treasury](https://bscscan.com/address/0x5BD97307A40DfBFDBAEf4B3d997ADB816F2dadCC) was [formed](https://vote.acryptos.com/#/acryptos/proposal/QmZzvi47cca4YmvSTxtqa4K5StDKyFUsN6rgJZUGGAxeg1) to fund anything that adds value to the protocol, taking up to 3% of ACS emissions.

Treasury current holdings can be tracked on Debank here: <https://debank.com/profile/0x5bd97307a40dfbfdbaef4b3d997adb816f2dadcc>

### Community Grants

Anyone may apply for a grant to fund anything that will add value to the protocol. To apply, [contact us](mailto:hello@acryptos.com) with a detailed proposal.


# Security & Risks

The overriding focus on safety and risk management is [what sets ACryptoS apart](https://medium.com/acryptos/what-sets-acryptos-apart-d6345e2f5d7f) from most DeFi projects.

In this section the major risks involved with investing funds in DeFi projects will be described along with the steps that ACryptoS have taken to mitigate these.

Note that the yield optimization strategies that ACryptoS employ mean that funds are staked on external projects, thus incurring 3rd party risks. Where applicable, these are also described below.

Be aware that investing in any DeFi project has risk. DeFi is relatively new and black swan events could occur that no-one has predicted. Only invest what you can afford to lose and always do your own research (DYOR) before committing funds to any project.

{% hint style="warning" %}
*The protocol is under continuous development, and some strategies and vaults are in beta. Please DYOR and use at your own risk.*
{% endhint %}

## Resources

Article - [What sets AcryptoS apart?](https://medium.com/acryptos/what-sets-acryptos-apart-d6345e2f5d7f) by dev Axe.ACryptoS

[List of Audits](#audits)

[Frequently Asked Questions](/tutorials-guides/faq)

### Deployed Smart Contracts Addresses

All deployed contracts have [verified and published source codes on BscScan](https://app.acryptos.com/contracts/).

***

## Risks & Mitigations

<details>

<summary>Risk: Malicious Developer Activity (e.g., rug pulling, exit scams, etc)</summary>

This is the risk that developers (or thieves who steal the development keys) could make changes in the code that would allow them to drain funds. This risk applies both to ACryptoS and to the projects that ACryptoS have created vaults for. The risk mitigation actions described below apply only to mitigating the risk of exploit or malicious dev activity to ACyptoS.

**Mitigation:**

**Removal of migrator function**

* The migrator function gives the owner of the Masterchef contract the ability to move all funds to another wallet, and thus steal user funds. This function has been removed from ACryptoS contracts

**48-hour timelock**

* This means that there is a 48-hour time period between when code changes are published and when they are deployed. Therefore, if a developer wanted to implement malicious code there would be a 48-hour delay before the code is deployed, thus allowing users time to withdraw their funds.

**Timelock monitor and community bot to monitor changes**

* There is a [timelock monitor](https://unrekt.net/acryptos/timelock.html) and Telegram [timelock monitor bot](https://t.me/acryptos9/59652) so that the community is aware of all upcoming changes and when they will be deployed.

</details>

<details>

<summary>Risk: Smart Contract Risks</summary>

This is the risk that flaws/bugs exist in smart contracts which can lead to a loss of funds either by accident or by malicious exploitation.

As ACryptoS interacts with other projects, there is smart contract risk both in the ACryptoS contracts and in all the contracts which ACryptoS interacts with.

**Mitigation:**

**Audits**

ACryptoS has been audited by some of the most respected blockchain/smart contract auditing companies.

No critical, medium or minor findings were raised during the audits. The only findings were informational. The details on the audits can be seen [here](#audits).

</details>

<details>

<summary>ACryptoS Dev Team Access</summary>

* ACryptoS Dev Team can control all assets in Vaults behind a 48 hour timelock.
* ACryptoS Dev Team can mint ACS token behind a 48 hour timelock.
* ACryptoS Dev Team can mint ACSI token behind a 48 hour timelock.
* ACryptoS Dev Team can control all reward parameters of ACS Farms behind a 6 hour timelock.
* ACryptoS Dev Team can control all reward parameters of ACSI Farms behind a 6 hour timelock.
* ACryptoS Dev Team can control all fee parameters of StableSwap behind a 72 hour timelock. ACryptoS Dev Team can control destination of StableSwap admin fees.
* ACryptoS Dev Team cannot control assets in Farms.
* ACryptoS Dev Team cannot control assets in StableSwap.

</details>

### Other Risks & Mitigations

<details>

<summary>Risk: Liquidation Risks</summary>

The risk of liquidation is a feature of trading with leverage. Liquidation is a mechanism in which market sell orders are created to exit leveraged positions when the margin requirements are not met.

**Mitigation:**

ACryptoS borrows and supplies the same asset so there is no liquidation risk from price. Our Supply-Borrow Leveraged Vaults rebalance on every deposit, withdrawal and harvest. More info on the strategy [here](/products/vaults/single-token-vaults).

</details>

<details>

<summary>Risk: Liquidity Risks</summary>

ACryptoS has created vaults which make use of selected lending protocols. With DeFi lending protocols there is the risk of insufficient liquidity meaning it may not be possible to withdrawal funds until liquidity increases. Low liquidity generally occurs when there is peak demand for an asset (such as for BNB during launchpad events). This is, in most cases, a temporary issue as the high borrowing costs will incentivize borrowers to repay and thus increase liquidity.

</details>

<details>

<summary>Risk: Impermanent Loss (IL) Risks</summary>

The risk of impermanent loss is present whenever you provide liquidity to a liquidity pool.

What is means is the (impermanent) loss of funds due to one of the assets in the pool being volatile in relation to the other.

This [article from Binance Academy](https://academy.binance.com/en/articles/impermanent-loss-explained) provides more details on IL

**Mitigation:**

To minimize the risk of IL you can choose to yield farm assets which have a high correlation (e.g., stable coin pairs) and avoid volatile pairs.

Note that the risk of IL is offset somewhat by the higher rewards offered for pairs that are more volatile. It is up to you as an investor to decide what strategy you are most comfortable with depending on your risk tolerance.

</details>

***

## Additional Notes on Risks & Safety

#### **Maturity of project**

ACryptoS is one of the longest running DeFi projects on Binance Smart Chain (launched in November 2020).

Furthermore, the smart contracts used in ACryptoS are forked from yearn.finance (Vault, Controller, Strategy), SushiSwap (MasterChef), Uniswap (Uni) and Curve (StableSwap). These are some of the biggest and most well-established projects in DeFi.

ACSI.finance is a direct implementation of Balancer V2 (BAL) as well.

#### **APRs/Returns**

APRs/returns shown on the UI include the performance and the workers fees, but **do not include** withdrawal fees, which will result in a negative return if you enter and exit a position quickly.

High returns/APRs almost certainly mean a high risk. The calculated APR/return depends on the underlying value of the token in the vault, the swap volume of the underlying pool and TVL of the vault, which can be very volatile.

## Audits

[**Hacken - Review**](https://github.com/acryptos/acryptos-protocol/blob/main/audits/20211116-Hacken-Review.pdf) **(16 Nov 2021)**\
[**Hacken - Acsi.Finance (Balancer V2)**](https://github.com/acryptos/acryptos-protocol/blob/main/audits/20211105-Hacken-AcsiFinance-BalancerV2.pdf) **(5 Nov 2021)**\
[**Hacken - Complete**](https://github.com/acryptos/acryptos-protocol/blob/main/audits/20210331-Hacken-Complete.pdf) **(31 Mar 2021)**\
[**Certik - CAKE Vault Strategy**](https://github.com/acryptos/acryptos-protocol/blob/main/audits/20210324-Certik-StrategyACryptoSCakeTokenTokenV2.pdf) **-** [**1**](https://www.certik.org/projects/acryptos) **(24 March 2021)**\
[**Hacken - ACryptoS Farm V2**](https://github.com/acryptos/acryptos-protocol/blob/main/audits/20210218-Hacken-ACryptoSFarmV2.pdf) **-** [**1**](https://hacken.io/wp-content/uploads/2021/02/20210218-Hacken-ACryptoSFarmV2.pdf) **(18 Feb 2021)**\
[**DefiYield.info**](https://github.com/acryptos/acryptos-protocol/blob/main/audits/20210128-defiyield.info.pdf) **-** [**1**](https://defiyield.info/assets/pdf/ACryptoS.pdf) **(28 Jan 2021)**

Smart contracts are forked from yearn.finance (Vault, Controller, Strategy), SushiSwap (MasterChef), Uniswap (Uni), Curve (StableSwap).


# Bug Bounty

ACryptoS is a yield farming optimizer designed for the longer-term investor who values sustainable tokenomics, safety and careful risk management.

We are strongly and specifically focussed on safety. Besides having passed 4 audits on our smart contracts, we strive to further enhance security, by finding and eliminating any additional threats to our users’ funds.

We welcome and appreciate all reports, especially critical issues and techniques used to exploit them. If you think you have found a security bug in our platform, we are more than happy to work with you in resolving the problem quickly and offer a fair reward in return.

Please submit reports in as much detail as possible. We take our platform security very seriously and detailed reports of possible critical issues is highly appreciated.

**The initial ACryptoS Bug Bounty Fund contains $100,000 - stored in the** [**Treasury**](/dao/governance#treasury)**.**

## Eligibility

ACryptoS will only issue monetary rewards for reports demonstrating clear impact, meaning that duplicates, invalid bugs, micro vulnerability and product improvement recommendations will not be included in this bug bounty event. Eligibility rules:

* First come first served, the first party who reports the issue will be considered first.
* The reported issue has never been disclosed to the public before the ACryptoS dev team reviews, confirms, solves and finally releases the appropriate security solution.
* All reports need to be written in the specific format and sent to our official email address: <acryptosdao@gmail.com> (detailed below)

## Report and Reward Guidelines

A bug bounty program email report should be as by the following format:

> Email Title:【ACryptoS Bug Bounty Program】\_Bug title\
> Issue Description: A detailed description of the reported problem should include the sufficient information allowing the ACryptoS team to reasonably reproduce the problem.\
> Reproducing Steps: Any prerequisites and steps to reproduce the affected state.\
> Additional Information: How this issue affects the system security and what is your opinion/suggestion on the technical solution.

Send your report by email to <acryptosdao@gmail.com>. Include relevant video demonstrations, analytic data, compiled and source codes, crash logs, and/or system diagnosis reports in the attachment if needed. After we receive your email, our dev-team shall respond within a week.

## Risk Level

* Critical: An issue that could cause immediate loss of >1% of the protocol funds or permanently impair the protocol state.
* High: An issue that could cause the immediate loss of protocol funds between 0.1%< x <1%, or severely damage the protocol state.
* Medium: An issue that could theoretically cause a minor loss of <0.1% of the protocol funds, damage the protocol state, or cause severe user dissatisfaction or moderate technical failure.

## Reward Level

* Critical: up to $50,000.
* High: up to $20,000.
* Medium: up to $5,000.

The ACryptoS team reserves the right to modify terms, rewards amount, and risk conditions of this bounty event and your participation in the program constitutes acceptance of all terms.

For the protection of users, ACryptoS team does not disclose security issues until our investigation is complete and any necessary updates are generally available.


# Legacy


# Legacy Tokenomics

## ACS and ACSI Tokenomics

**ACS rewards distributed to ACS Farms: 0.02576279 ACS/block**\
\&#xNAN;**+33.33% distributed to ACS holders via ACS Vault**\
\&#xNAN;**+10% reward to ACryptoS Dev Team**\
[**+3% to Treasury**](/dao/governance#treasury)\
Total \~1086 ACS/day

Maximum supply cap at 1,888,888 ACS. ACS Farms emissions began at 0.088888 888888 888888 ACS/block from [\~28 Oct 2020](https://bscscan.com/tx/0x0f7bc5772458de583c7abfb9f0c7494599f013038d24b8fd0ee8d1c5c7308e69). This is [cut by 18.65% every 90 days](https://vote.acryptos.com/#/acryptos/proposal/QmU2e9PDB3AR3JHKbBsPnWiFve5iiR35cEJFsdxmLRi4Ks) beginning on 15 Feb 2021, to give a maximum supply of 1,888,888 ACS.

**ACSI rewards distributed to ACSI Farms: 0.02576279 ACSI/block**\
\&#xNAN;**+33.33% distributed to ACSI holders via ACSI Vault**\
\&#xNAN;**+10% reward to ACryptoS Dev Team**\
[**+3% to Treasury**](https://vote.acryptos.com/#/acryptos/proposal/QmTZvZc1eEwQypg6zfKpSHwZGW2XKPryoYHGAMVrawVfTS)\
Total \~1086 ACSI/day

Maximum supply cap at 1,888,888 ACSI. ACSI Farms emissions began at 0.088888 888888 888888 ACSI/block. The [emissions rate was reduced to match ACS emissions rate on the day their total supplies were equal](https://vote.acryptos.com/#/acryptos/proposal/QmPsHBtnskXNfBn8DEEUkCoSSg8YsL1efdS6xh4r89uucQ), and will be reduced in sync moving forward.

All parameters may be adjusted in future via governance.

![Emission Rate](https://raw.githubusercontent.com/acryptos/docs.acryptos.com/be0e62766a37e8457e69988a112575a2eebe1a86/images/Emission_rate_Circulating_supply.svg)

Resources:

[Frequently Asked Questions](/tutorials-guides/faq)

[Table with Vault and Farm fees](https://docs.google.com/document/d/1-KU1zzWnEG0sh8hLCD0YUtPv7D4_B2wu80UtRQ3sQUA/edit) - contributed by [Blight Night](https://t.me/BlightNight)

### ACS and ACSI Governance Vaults

Staking in the Governance Vaults earns you a share of all protocol fees. The ACS Vault earns withdrawal and performance fees from our Vaults, and the ACSI Vault earns exchange fees from our StableSwap. They also earn their respective Farm harvest fees, and token emissions rewards (33.33% of Farm emissions).

Only ACS and ACSI staked in the Governance Vaults can participate in Governance.

Staking in the Governance Vaults represents a commitment to the protocol, and instead of a time lock, there is a significant withdrawal fee.

#### Farm Rewards Boost

Governance Vault holdings are used to boost ACS / ACSI Farm rewards by up to 2.5X. [More info](/dao/legacy/acryptos-farms#acs-farms-v2).

**Governance Vault withdrawal fee:** 10% (distributed to ACS / ACSI holders - remains in vault)

Governance Vault tokens (acsACS / acsACSI) are non-transferrable. You will have to withdraw to transfer.

### All Vaults (excluding Governance Vaults)

**Withdrawal fee: 0.1%**\
Used to buy ACS and distributed to ACS holders via ACS Vault

**The following performance / strategist / harvester fees are transparent to users and already accounted for in the displayed "Vault APY".** We disclose them here for transparency.

**Performance fee:**\
Single Token Vaults: **5% of gains harvested**\
Used to buy ACS and distributed to ACS holders via ACS Vault.

**Strategist fee:** **0.5% of gains harvested**\
To strategy creator.

**Harvester subsidy: up to 0.3% of gains harvested**\
Paid to Workers to offset gas fees.

**The above Vault fees (withdrawal/performance/etc) do not apply to Pure Farms.** This includes all StableSwap Farms & Acsi.Finance Farms.

### Farms

**Harvest fee: 0.03 ACS / 0.06 ACSI**\
Farm harvest fees are distributed to ACS / ACSI holders via ACS /ACSI Vault.

**Additional Rewards** On top of the standard ACS / ACSI farm rewards, some pools emits partners / promotional tokens as additional rewards. Additional rewards are supply limited and not time limited, i.e. while stock last, 1st come 1st serve.

### StableSwap

**Exchange fee: 0.01% (ACS4USD base-pool) / 0.06% (meta-pools) / 0.04% ACS3BTC**\
50% of the exchange fee is used to buy and distribute ACSI to ACSI holders via ACSI Vault. The remaining 50% will be given to the liquidity providers in the pools.

### Acsi.Finance

**Exchange fee: Variable (displayed on UI)**\
50% of the exchange fee is used to buy and distribute ACSI to ACSI holders via ACSI Vault. The remaining 50% will be given to the liquidity providers in the pools.


# Farming our Tokens

ACS and ACSI are distributed via ACryptoS Farms to incentivise liquidity providers and share a stake in the protocol with our users.

Most Vaults and StableSwap pools will have a corresponding Farm where they can be staked to earn ACS or ACSI. Be sure to stake in the Farm after depositing into a Vault or StableSwap pool.

## Farm Rewards Boost

Governance Vault (ACS or ACSI) holdings are used to boost their respective Farm rewards by **up to 2.5X**.

The amount of boost is determined via the following formula:

**1.5 \* \[% user's share of Governance Vault] \* \[TVL in Farm]**

Example:

User deposits 20 LTC in Vault\&Farm, there is 1500 LTC in the farm in total, and user has 1% share of the ACS Vault.

His available boost is 1.5 \* 1% \* 1500 = 22.5 LTC, so a share of 20 + 22.5 = 42.5 LTC will be used to calculate his ACS Rewards.

If he deposits only 1 LTC, it will be boosted **up to the maximum 2.5X of 2.5 LTC**.

If he deposits 100 LTC, it will be boosted to 100 + 22.5 = 122.5 LTC.

* User's boost is updated on the following event:
  * Stake
  * Un-stake
  * Harvest
  * Force boost
* User's boost calculation is for each farm individually.

![ACryptoS Farm Boost](https://user-images.githubusercontent.com/96041328/167078388-ce272002-f964-4633-a82a-c4ea7cb4d67a.jpg)

### **User Interface**

**Current Boost**: The current boost you are getting in the farm from your ACS Vault holdings.\
**Future Boost**: The boost you will get after you stake/un-stake/harvest. Pressing **'Force'** will update this boost manually.\
**For 2.5X**: The amount of vaulted ACS you need to get the maximum boost on your current Farm stake.\
**2.5X On First**: The amount you can stake in the Farm that will get the maximum boost based on your current vaulted ACS.

Resources:

[How to use ACryptoS Vaults and Farms (Video Tutorial)](https://www.youtube.com/watch?v=DBiA7-CY4PE) - contributed by [CryptoBKT (Hsing)](https://t.me/cryptoBKT)

[ACS v2 farms boost calculator](https://docs.acryptos.com/community) - contributed by [Abdul R](https://t.me/abdul0793) and [CryptoBKT (Hsing)](https://t.me/cryptoBKT)

[Frequently Asked Questions](/tutorials-guides/faq)


# Protocol Timeline

## Roadmap

### ACryptoS Roadmap v2.2

*updated 2022-03-02*

## **2022:**

### **----- Q1 ------**

* Hacken audit ✅
* First IDO launched - WAV ✅
* ACSI partnership farms & Onsen
* XMT-BNB LP + Onsen launched ✅
  * in discussions with other projects

**UI V2 upgrades**

* ACSI finance swap & pool management integrated ✅
* Zapper-like functionality ✅
* NFT viewer ✅
* Multi chain capability ✅
* Smart harvest optimizer ✅

**ACSI.Finance upgrades**

* Launchpad LBP available ✅
* User custom pools ✅

**ACSI NFT new collection release**

* Brand new collectible skin

**Stablecoin pools/swap**

* Launch of MIM and USTw ✅
  * in talks with more stablecoins to set up pools

**Community BUIDLing**

* 2 Telegram sticker packs released ✅
* DAO - more voting decisions brought to governance
* BUIDL & SHILL group - initiate more community contribution to grow ACryptoS together

### **----- Q2 ------**

* Cross-chain expansion (chain TBD)
* New DeFi product (WIP)
* Brand new IDO/Launchpad mechanics
  * ongoing launchpad discussions with new projects
  * ACS & ACSI Vault holders prioritized

**Metaverse**

* GameFi details + sneak peak on visuals
  * More benefits for ACS & ACSI NFT holders to be announced
* Landing page
  * To revamp with rebranded look
  * Improve UX + User Journey
* Documentations
  * Improved content flow to assist acquisition of new users
  * Site translations for regional languages

### **----- Q3 (TBA) ------**

### **----- Q4 (TBA)------**

## **2021:**

### **----- Q1 ------**

* ACS max supply cap set by governance vote ✅
* ACSI max supply cap set by governance vote ✅
* 1st ACS emission cut ✅
* ACSI added as governance token ✅
* Audit #1 - by Defiyield ✅
* Audit #2 - by Hacken (V2 farm contracts audited) ✅
* Hotbit listing ✅
* Dfox.cc portfolio tracker listing ✅
* Yieldwatch.net portfolio tracker listing ✅
* Adjusted Stableswap fees to further lead the way on BSC ✅
* Continuous addition of new high quality Vaults\&Farms PCS/Venus ✅
* Migration of all ACS v1 Farms to v2 Farms ✅
* Add SwipeSwap Vaults\&Farms ✅

### **----- Q2 ------**

* Audit #3 - by Certik (Cake Vault Strategy audited) ✅
* Audit #4 - by Hacken (Complete audit) ✅
* Whitelist ACS and ACSI on 1inch ✅
* Whitelist ACS and ACSI on Swipe Swap ✅
* Whitelist ACS and ACSI on MDEX ✅
* Whitelist ACS on Unifi ✅
* Addition of ACS-SXP native farm on SwipeSwap ✅
* Additional whitelisting for ACS and ACSI ✅
* Create 3BTC Metapool ✅
* ACryptoS UI v1.5 (Landing Page) ✅
* Continuous addition of new high quality Vaults\&Farms ✅
* 2nd ACS emission reduction ✅
* 1st ACSI emission reduction to match ACS emission curve ✅
* Soteria insurance integration ✅
* Migration of all ACSI farms to v2 ✅
* Use vaulted ACSI as yield booster for ACSI farms ✅
* Addition of ACS-BNB native farm on MDEX ✅
* SCV.finance portfolio tracker listing ✅
* [Acsi.Finance](https://app.acsi.finance/#/) AMM launch ✅
* ACS x SCV NFT ✅
* Community contributor rewards of $30000 ✅
* Strategic Partnerships ✅
  * 11 Mdex vaults deployed ✅
  * Terra USD ✅
  * pNetwork ✅
  * Ren Project ✅

### **----- Q3 ------**

* Acsi.Finance Developments
  * Custom weight ratio, multi-token pools launched ✅
  * Stable Pools launched ✅
  * $ACSI listed on coinmarketcap ✅
* Governance
  * community votes for promos ✅
  * new fees structure voted by DAO ✅
  * reduction of withdrawal fees ✅
* Partnerships
  * Unifi dual token mining farm + AMA ✅
  * Ontology dual token mining farm + AMA ✅
* Protocol Updates
  * First native ACSI-BNB farm on Unifi Protocol ✅
  * Addition of ACS-BNB native farm on Unifi Protocol ✅
  * DEX Aggregators✅
  * Acsi.Finance integrated by 1inch ✅
  * the only functioning Venus vaults in BSC ✅
  * Token highlights: MATIC, DOGE, FIL, XVS single token staking ✅
* Team Expansion
  * new Core DAO Samurai enlisted ✅
  * growth of Marketing team ✅
  * growth of BizDev team ✅
  * new Community Samurais enlisted ✅
* preparation for additional audits✅
* Advertising Outreach ✅
  * DappRadar airdrop campaign
  * DappRadar banner and ranking ads
* Monitoring Sites Integration
  * Ape Board
  * 0xTracker
  * DeBank
  * unrekt
  * DappRadar
* Wallet Integration
  * Binance Chain
  * Wallet Connect
  * ONTO Wallet
  * Bitkeep
* UI UX updates
  * Stake All option for Deposits ✅
  * Pending Harvest sorted by $ value instead of token amount ✅
  * Pending Harvests display $ value ✅
  * APY display shows Min, Max and Platform Average (based on 2.5X Boost)✅
  * ACSI Finance - Dark Mode ✅
* Emissions Reduction
  * 3rd ACS emission reduction (Aug 15) ✅
  * 3rd ACSI emission reduction (Aug 15) ✅

### **----- Q4 ------**

* Protocol Updates ✅
  * gradual migration of ACSI StableSwap to Acsi.Finance
  * Acsi.Finance Asset Manager to synergize with ACS Vaults
  * LP farming with options between ACS or ACSI
* Rebranding (with focus on building trust, and generating hype & user growth)
* UI design (factoring in rebranding and Acsi.Finance UI)
* Marketing & Expansion ✅
  * Influencer outreach ✅
  * Community AMA/Townhall sessions ✅
  * User education & conversion campaigns ✅
  * Exposure to bigger communities ✅
    * Reddit
    * Discord
  * Growing language groups globally ✅
* Exploration of cross-chain possibilities & options ✅
* Partnerships ✅
  * ongoing talks with multiple platforms for more Vaults & Farms
  * Promoting IDO launches via Acsi.Finance
* Acsi.Finance integration by OpenOcean (in progress)
* Acsi.Finance integration (with volume tracking) by Coinmarketcap
* Acsi.Finance integration (with volume tracking) by Coingecko

## **2020:**

* PCS Vaults strategy created ✅
* Venus Vaults strategy created ✅
* Verified and published all sources codes for all contracts ✅
* ACS used as governance token ✅
* Core DAO created ✅
* Coinmarketcap listing ✅
* Coingecko listing ✅
* Defistation listing ✅
* DappRadar listing ✅
* Mathwallet dapp store listing ✅
* Coinbase prices listing ✅
* Whitelist ACS and ACSI on OpenOcean ✅


# FAQ

Frequently-Asked Questions

<details>

<summary>Why use ACryptoS vaults?</summary>

**Why not just use the underlying Lending or DEX platforms?**

Our vaults are developed with complex strategies that automate and optimize yields for users. This not only **reduces time and stress** spent on monitoring DeFi positions, but also enables users to obtain APY which they **could not achieve in normal scenarios**.

\---

**Example I** - our Single-Token vaults built on Moonwell lending platform: The Moonwell dapp does not allow users to supply and borrow the same token.

However, our vaults are able to implement this at the contract level, achieving higher yields while ensuring no liquidation risks *(due to same-token supplying/borrowing)*. Our vaults are also set to automatically optimize the leverage ratio based on the market APY. *Read more* [*here*](/products/vaults)*.*

**Example II** - our ACLM vaults built on Uniswap V3 DEX: Setting positions and ranges on V3 Concentrated Liquidity require a high amount of time monitoring the prices and adjusting positions when out of swap range.

Our vaults utilize a number of tools to form our strategies, from Chainlink Price Feed monitoring, to automated ACryptoS Keepers, to ensure our managed liquidity is always within swap range. We are able to maintain an extremely narrow 1-tick liquidity range for certain pools, achieving higher APY than other automated CL managers. *Read more* [*here*](/products/v3-aclm-vaults#how-our-aclm-stands-out)*.*

</details>

<details>

<summary>What are the risks involved?</summary>

ACryptoS vaults are battle-tested, launched since 2020 and without any contract exploits. *Risks mitigations and audits can be found* [*here*](/dao/security-and-risks)*.*

Over the years , a number of other similar yield optimizers have [lost user funds](https://medium.com/acryptos/how-were-acryptos-venus-vaults-unaffected-while-other-yield-optimizers-lost-tens-of-millions-in-27bf4258dfb2), or similar automated CL managers [got exploited](https://medium.com/gamma-strategies/post-mortem-remediation-plan-9a62f10d90f3) due to loopholes in developed contracts. We believe in developing vaults with safety always in mind, and cutting out any fancy, risky fluff.

Check out [this article](https://medium.com/acryptos/what-sets-acryptos-apart-d6345e2f5d7f) on our blog - written since a few years back, but still very much our core ethos.

</details>

<details>

<summary>What are the fees for using the vaults?</summary>

Straightforward 0.1% fee on withdrawal amount.

Other fees like performance or strategist fees are already factored into the APY. Find out more [here](/dao/acs#fees).

</details>

<details>

<summary>Help, I can't find my deposits on the site!</summary>

Fret not, check these links first:\
\- <https://app.acryptos.com/vaults/deprecated/>\
\- <https://app-legacy.acryptos.com/>\
\- <https://app-legacy.acryptos.com/deprecated/>

These are links to deprecated vaults over the years. Your funds will still be there waiting for your withdrawal.

</details>

<details>

<summary>How do I check my yields and vault performance?</summary>

You can monitor your current deposits on our site via <https://debank.com/>

You can also click on the Withdraw button on each specific vault, to compare the changes from your initial deposits. More info [here](/products/v3-aclm-vaults/ui-explanations#checking-your-yields).

You can also check past vault performance from the [History chart](/products/v3-aclm-vaults/advanced-functions#graph-history) of each vault.

</details>

<details>

<summary>Why should I HODL the $ACS token?</summary>

Holding the $ACS token makes you part of the [DAO](/dao/governance) governing ACryptoS, having ownership of the protocol and [treasury](/dao/governance#treasury).

The $ACS token is a deflationary token, where there are no longer any emissions, and fees from our protocol go into [buybacks](/dao/acs#tokenomics) of the $ACS token, increasing its value over time.

</details>

<details>

<summary>Where can I buy $ACS?</summary>

Liquidity for $ACS is mainly on BSC. More info [here](/dao/acs).

</details>

***

{% hint style="warning" %}
*The FAQ below is outdated, and pending updates to our current products.*
{% endhint %}

<details>

<summary>FAQ - legacy</summary>

### Trading/Listing, Supply Cap

#### 1. What is ACS and what is ACSI? What are their core products?

* ACS is the native token of ACryptoS (connected with all the Vaults farming on PCS, Venus, Channels, MDEX, Unifi, Atlantis & DSG), while ACSI is the native token of the StableSwap & Acsi.Finance.
  * The core product of ACS is yield farming optimizers for multiple types of tokens.
  * The core products of ACSI are the [StableSwap](https://app.acryptos.com/stableswap/) (Stablecoin DEX) & [Acsi.Finance](https://app.acsi.finance/) (AMM).

#### 2. Where is ACryptoS listed, where are ACS and ACSI traded?

ACryptoS is currently listed on:

* [Coinmarketcap](https://coinmarketcap.com/currencies/acryptos/)
* [Coingecko](https://www.coingecko.com/en/coins/acryptos)
* [Defistation](https://www.defistation.io/acryptos)
* [DappRadar](https://dappradar.com/binance-smart-chain/defi/acryptos)
* [MATH dApp Store](https://mathdapp.store)
* [Coinbase Prices](https://www.coinbase.com/price/acryptos)
* [TokenPocket Pro](https://www.tokenpocket.pro/)
* [Dfox - portfolio tracker](https://dfox.cc/)
* [Yieldwatch - farm and pool performance tracker](https://www.yieldwatch.net/)
* [Farm.army - farm and pool performance tracker](https://farm.army/)
* [SCV.finance - portfolio tracker](https://scv.finance/)
* [DeBank](https://debank.com/projects/bsc_acryptos)
* [BitKeep Wallet](https://www.bitkeep.org/)

ACS is traded on:

* [Uniswap V3 (BSC)](https://app.uniswap.org/#/swap?inputCurrency=ETH\&outputCurrency=0x8888888888f004100c0353d657be6300587a6ccd\&chain=bnb)
* [Equilibre (Kava)](https://equilibrefinance.com/swap)

ACS V1 is traded on:

* [Acsi.Finance](https://app.acsi.finance/#/trade/0xEeeeeEeeeEeEeeEeEeEeeEEEeeeeEeeeeeeeEEeE/0x4197C6EF3879a08cD51e5560da5064B773aa1d29) - **recommended to use**
* [1inch](https://app.1inch.io/#/r/0x5BD97307A40DfBFDBAEf4B3d997ADB816F2dadCC/BNB/ACS?network=56) - **recommended to use**
* [MDEX](https://bsc.mdex.com/#/swap?outputCurrency=0x4197C6EF3879a08cD51e5560da5064B773aa1d29)
* [OpenOcean](https://openocean.finance/classic)
* [Pancakeswap](https://exchange.pancakeswap.finance/#/swap?outputCurrency=0x4197C6EF3879a08cD51e5560da5064B773aa1d29)
* [DeBank](https://debank.com/swap?amount=1\&chain=bsc\&from=bsc\&to=0x4197c6ef3879a08cd51e5560da5064b773aa1d29)

ACSI is traded on:

* [Acsi.Finance](https://app.acsi.finance/#/trade/0xEeeeeEeeeEeEeeEeEeEeeEEEeeeeEeeeeeeeEEeE/0x5b17b4d5e4009B5C43e3e3d63A5229F794cBA389) - **recommended to use**
* [1inch](https://app.1inch.io/#/r/0x5BD97307A40DfBFDBAEf4B3d997ADB816F2dadCC/ACS/ACSI?network=56) - **recommended to use**
* [OpenOcean](https://openocean.finance/classic)
* [Pancakeswap](https://exchange.pancakeswap.finance/#/swap?inputCurrency=0x4197C6EF3879a08cD51e5560da5064B773aa1d29\&outputCurrency=0x5b17b4d5e4009B5C43e3e3d63A5229F794cBA389)
* [DeBank](https://debank.com/swap?amount=1\&chain=bsc\&from=0x4197c6ef3879a08cd51e5560da5064b773aa1d29\&to=0x5b17b4d5e4009b5c43e3e3d63a5229f794cba389)

#### 3. What is the maximum supply cap?

* The maximum supply cap for ACS is 1,888,888.
* The maximum supply cap for ACSI is 1,888,888.

#### 4. Is there a buy-back program?

* Yes. The system is designed to constantly buy-back ACS (using the withdrawal fee + the performance fee), and then those ACS are distributed to the acsACS holders.

  There are also constant buybacks for ACSI (using 50% of the swap fee from the StableSwap and 50% of the swap fees from Acsi.Finance), and then those ACSI are distributed to the acsACSI holders.

  You can read more [here](https://www.reddit.com/r/ACryptoS/comments/kth0v2/valuing_users_commitment_buyback_instead_of_burn/).

#### 5. How many tokens are minted per day?

* At start, there was a constant daily emission rate of \~3746 ACS tokens:

  \~2560 ACS to the farms

  +33.33% to the ACS Vault (\~853)

  +10% reward to the dev team (\~256)

  +3% to the treasury (\~77)

  The genesis mining is \~8888 ACS.
* After the first ACS emission cut (15 Feb 2021), the ACS emission was reduced by 18.65%.
* After the second ACS emission cut (15 May 2021), the ACS emission was reduced by additional 18.65%.
* After the first ACSI emission cut (17 June 2021), the ACSI emission was reduced by \~32%, to match ACS' emissions.

#### 6. Are the tokenomic models of ACS and ACSI sustainable?

* For ACS: the performance and withdrawal fees gained from providing the yield farming services to users are used to buy-back ACS from the market and then those ACS are redistributed to the ACS Vault Stakers. This ensures a sustainable future of ACS.
* For ACSI: 50% of the fees gained from the StableSwap and 50% of the fees gained from Acsi.Finance are used to buy-back ACSI from the market and then those ACSI are redistributed to the ACSI Vault Stakers. This ensures a sustainable future of ACSI.

#### 7. What is the vision of ACS and ACSI?

* The vision of ACS is to be a long-term and sustainable yield optimizer on BSC, with a focus on safety.
* The vision of ACSI is to be the next-gen AMM on BSC, with new features to slash gas costs, super-charge capital efficiency, unlock arbitrage with zero-token starting capital, and open the door to custom AMMs.

### Security

#### 1. Are the contracts behind a timelock?

* Yes, all contracts are behind a timelock. For more details, please refer to [Security & Risks](https://docs.acryptos.com/security-and-risks).

#### 2. Are the contracts verified?

* Yes, all contracts have [verified and published source codes on BscScan](https://app.acryptos.com/contracts/).

#### 3. Is the project audited?

Yes. The project has been audited. [Refer to here for the list of Audits](/dao/security-and-risks#audits)

* [**Hacken - Complete**](https://github.com/acryptos/acryptos-protocol/blob/main/audits/20210331-Hacken-Complete.pdf) **(31 Mar 2021)**
* [**Certik - CAKE Vault Strategy**](https://github.com/acryptos/acryptos-protocol/blob/main/audits/20210324-Certik-StrategyACryptoSCakeTokenTokenV2.pdf) **-** [**1**](https://www.certik.org/projects/acryptos) **(24 March 2021)**
* [**Hacken - ACryptoS Farm V2**](https://github.com/acryptos/acryptos-protocol/blob/main/audits/20210218-Hacken-ACryptoSFarmV2.pdf) **-** [**1**](https://hacken.io/wp-content/uploads/2021/02/20210218-Hacken-ACryptoSFarmV2.pdf) **(18 Feb 2021)**
* [**DefiYield.info**](https://github.com/acryptos/acryptos-protocol/blob/main/audits/20210128-defiyield.info.pdf) **-** [**1**](https://defiyield.info/assets/pdf/ACryptoS.pdf) **(28 Jan 2021)**

### Fees

#### 1. Is there a Deposit fee?

* No.

#### 2. Is there a Stake fee?

* No.

#### 3. What are the fees?

* There is a 0.1% withdrawal fee. This fee is applied on all vaults (except the ACS Vault and the ACSI Vault).
* For the ACS Vault and the ACSI Vault, the withdrawal fee is 10% (applied only on the amount you withdraw).

  Example: If you have 1000 ACS in the ACS Vault, and you decide to withdraw 100 ACS, the fee will be 10 ACS.
* The performance fee and the workers fee are already included in the APY.

#### 4. What are the harvest fees on the farms?

* The harvest fee is 0.03 ACS on the ACS farms, and 0.06 ACSI on the ACSI farms.

  The harvest button appears after your Pending amount is more than 0.03 ACS (or more than 0.06 ACSI).

#### 5. Which fees are visible and which are already included in the APR?

* The vault’s performance fee and workers fee are already included in the APY you see, so no need to do any math on that.
* You only need to be careful with the farms’ harvest fee (0.03 ACS , 0.06 ACSI), the vaults' withdrawal fee (0.1%), and the withdrawal fee on the ACS Vault & ACSI Vault (10%).

#### 6. What are the fees on the StableSwap?

* The exchange fees are set to 0.01% in the Corepool and 0.06% in the other Metapools, which is 5-30 times cheaper than the 0.3+% charged by all the other UniSwap and SushiSwap clones.

  All this is possible thanks to Curve’s [specialized algorithm tailored for trading of stablecoins and other pegged assets](https://www.curve.fi/stableswap-paper.pdf).

#### 7. What are the fees on Acsi.Finance?

* There are different pools on Acsi.Finance (up to 8 tokens in a pool), and there are different fees attached to every pool.

  You can check the fees with clicking on each pool.

### Technical and UI

#### 1. What is the difference between Deposit (Vault) and Stake (Farm)?

* When you Deposit tokens to a Vault, the deposited tokens start to auto-compound right away.
* When you Stake those same tokens, you start earning ACS.

#### 2. Is my ACS auto-compounding?

* Yes, ACS auto-compounds in the ACS Vault.

  If you have Pending ACS in one of the other Vaults\&Farms, you first need to harvest those ACS and transfer them to the ACS Vault.

#### 3. Is my ACSI auto-compounding?

* Yes, ACSI auto-compounds in the ACSI Vault.

  If you have Pending ACSI in one of the other Vaults\&Farms, you first need to harvest those ACSI and transfer them to the ACSI Vault.

#### 4. How the auto-compounding works (and what is the Workers tab)?

* Currently there is a bot that automatically harvests (compounds) each Vault.
* There is also the [Workers tab](https://app.acryptos.com/worker/), where anyone can manually harvest each Vault (and get the associated fee).

  The Workers tab is just a backup, the normal user does not have to use it.

#### 5. When does the ACS buy-back happen?

* The ACS buy-back happens when the bot harvests the ACS Vault.

  When this happens, all the tokens gained from performance and withdrawal fees are first transferred to BNB, and then to ACS.

  Then the ACS is distributed to the ACS Vault stakers (acsACS holders).
* The same method is used for the ACSI buyback.

#### 6. How do the Venus strategies work?

* By supplying an asset and borrowing the same asset to resupply with.

  Example: Supply BNB, borrow BNB, supply more BNB, borrow more BNB, and repeat.

  With this method we are earning both supply and borrow rewards, with minimal liquidation risk as we are using a single asset.

#### 7. Why does the APR on some Vaults show weird numbers?

* The UI shows the average APR of the last 3 days.

  So if a Vault is new, the numbers could be off.

#### 8. I cannot find the “harvest” or “withdraw” button, where are they?

* The User interface (UI) is dynamic. The harvest button appears after you have at least 0.03 ACS Pending for harvest.
* If your assets are Staked, the Withdraw button appears after the Unstake.

#### 9. What is ACS4USD/ACS4VAI/ACS4UST?

* When you deposit Stable coins to the StableSwap, you receive ACS4\_\*\_ tokens as a receipt/proof of deposit.

  Then you can stake those ACS4\_\*\_ tokens in the ACSI farms to earn ACSI.

#### 10. What is the difference between APR and APY?

* APR reflects the simple interest rate over a year’s time (APR/365), while APY describes the rate with the effect of compounding.

### Governance and Voting

#### 1. Is there a treasury?

* Yes. A treasury was formed to fund anything that adds value to the protocol, taking up to 3% of ACS & ACSI emissions.

#### 2. What is the main goal of the treasury?

* The treasury funds will be used to add value/improve the project (marketing/pr/administration/management/audits/etc).

#### 3. Who controls the treasury?

* The treasury is controlled via governance.

#### 4. Who can vote?

* ACS held in the ACS Vault and ACSI held in the ACSI Vault are our governance tokens. Voting weight is measured in ACS, using the prevailing ACS-ACSI exchange rate.

#### 5. Where do I vote?

* You can vote on [the governance platform](https://vote.acryptos.com/#/acryptos/all).

#### 6. Who can create a new vote/proposal?

* Anyone who holds at least 88 ACS (or the equivalent in ACSI).

#### 7. Which governance platform is used for voting?

* We are using the well-established gasless [governance client](https://snapshot.page) by Snapshot Labs.

</details>


# Resources

Our latest vault offerings can be found here:

* [Single-Token Vaults](/products/vaults/single-token-vaults)
* [Automated Concentrated Liquidity Manager Vaults](/products/v3-aclm-vaults)

## Links

dApp: <https://app.acryptos.com>

Main Site: <https://acryptos.com>

Telegram: <https://t.me/acryptos>

Twitter: <https://twitter.com/acryptosdao>

Twitter (Dev/Founder): <https://twitter.com/acryptosx>

Discord: <https://discord.gg/xHqhWxUeeR>

Medium: <https://medium.com/acryptos/>

Reddit: <https://www.reddit.com/r/ACryptoS>

Defillama: <https://defillama.com/protocol/acryptos>

dApp (Classic): <https://app-v2.acryptos.com> - not actively maintained

ACryptoS NFTs: <https://app-v2.acryptos.com/#/bsc/my_nfts>

***

## Medium Articles

* [How to read Advanced Crypto Strategies' Smart Contract](https://getunrekt.medium.com/smart-contract-read-advanced-crypto-strategies-97098bdb93b7) - contributed by [HM - ](https://t.me/Toortheroot)[unrekt.net](https://unrekt.net/)
* [Monitor ACryptoS' timelock and track changes](https://getunrekt.medium.com/acs-timelock-transaction-log-d084a735c95a) - contributed by [HM - ](https://t.me/Toortheroot)[unrekt.net](https://unrekt.net/)

## Guides, tutorials, intros

## Statistics

* [ACS and ACSI Revenue and Buy Back Statistics](https://acryptos.unrekt.net/) - contributed by [HM - ](https://t.me/Toortheroot)[unrekt.net](https://unrekt.net/)

***

{% hint style="warning" %}
*The Guides and Tutorials below are outdated, and pending updates to our current products.*
{% endhint %}

<details>

<summary><strong>Resources - Legacy</strong></summary>

**Guides, Tutorials, Intros**

* [Acsi Finance (How-to Video Tutorial)](https://www.youtube.com/watch?v=oe5DyLA1p0I) - contributed by [BKT](https://t.me/beekaytea)
* [ACryptoS Vaults and Farms (How-to Video Tutorial)](https://youtu.be/ouuFG_xsSBc) - contributed by [BKT](https://t.me/beekaytea)
* [ACryptoS StableSwap (How-to Video Tutorial)](https://www.youtube.com/watch?v=xn-apvGCsFY) - contributed by [BKT](https://t.me/beekaytea)
* [How to get 2.5X APY Boost (Video Tutorial)](https://www.youtube.com/watch?v=RSqCKvsEZy0) - contributed by [BKT](https://t.me/beekaytea)
* [ACryptoS Detailed Introduction (PDF)](https://raw.githubusercontent.com/acryptos/docs.acryptos.com/master/images/ACS-introduction.pdf?raw=true) - contributed by [Markus S](https://t.me/InvinoVMS)
* [Step by step tutorial for auto-compounding and farming at ACryptoS](https://medbid.medium.com/step-by-step-tutorial-for-staking-and-farming-at-acryptos-com-42093a0fcb1d) - contributed by [Blight Night](https://t.me/BlightNight)
* [How to create a BEP20 wallet on Binance Smart Chain (Video Tutorial)](https://www.youtube.com/watch?v=3UNk9eaNsQw) - contributed by [BKT](https://t.me/beekaytea)

**Tables, Diagrams, Graphs**

* [Table with Vault and Farm fees](https://docs.google.com/document/d/1-KU1zzWnEG0sh8hLCD0YUtPv7D4_B2wu80UtRQ3sQUA/edit) - contributed by [Blight Night](https://t.me/BlightNight)
* [ACryptoS' Yield Aggregation Ecosystem](https://github.com/acryptos/docs.acryptos.com/blob/master/images/ACS-VaultFarm-Flow-0.03.png) - contributed by [HM - ](https://t.me/Toortheroot)[unrekt.net](https://unrekt.net/)
* [ACS UI and Fees](https://github.com/acryptos/docs.acryptos.com/blob/master/images/ACS-UI-and-Fees.png) - contributed by [Markus S](https://t.me/InvinoVMS)
* [Swap APY x Vault APY x Farm APR](https://github.com/acryptos/docs.acryptos.com/blob/master/images/APYs.jpg) - contributed by [Jake](https://t.me/manxsir)
* [ACS ACSI Buyback Trends in USD(Nov 2020 - Oct 2021](https://github.com/acryptos/docs.acryptos.com/blob/master/images/ACS-ACSI-buyback-USD.jpg) - contributed by [RationalPerspective](https://t.me/RationalPerspective)
* [ACS ACSI Buyback Trends (Nov 2020 - Oct 2021](https://github.com/acryptos/docs.acryptos.com/blob/master/images/ACS-ACSI-buyback-tokenVol.jpg) - contributed by [RationalPerspective](https://t.me/RationalPerspective)

**Calculators**

* [ACS v2 farms boost calculator](https://docs.google.com/spreadsheets/d/145M14zrimZTgIeK7t-Rkj-r_5HnZMBezzXrDNN6e36g/edit#gid=2008319837) - contributed by [Abdul R](https://t.me/abdul0793) and [BKT](https://t.me/beekaytea)
* [Yield calculator with principal](https://docs.google.com/spreadsheets/d/1DRWu2y61gQw7fGd0EZYN_ajlWYCk8YlFD8ImbX4GZjM/edit#gid=0) - contributed by [Jasper](https://t.me/Jasper_1992)
* [Token distribution calculator](https://drive.google.com/file/d/14Y47WtdXF_5XUhnt_l7I9YuFkqXB0C39/view) - contributed by [Wei](https://t.me/bscWeix)
* [Interest calculator (Daily, Weekly, Monthly & Yearly)](https://docs.google.com/spreadsheets/d/1wvidBMMsYqAVc6gm07csr4fzoHVhNAmd-a2kxVoqWTs/edit#gid=317328887) - contributed by [ที่รัก - Thirak](https://t.me/Thirak0608)
* [ROI Calculator](https://docs.google.com/spreadsheets/d/1HMuCbdRzpViqrBeNIEQWjsfNnSreRZL_62pH3KF5MHs/edit#gid=0) - contributed by [ที่รัก - Thirak](https://t.me/Thirak0608)
* [Harvest Calculator](https://docs.google.com/spreadsheets/d/1RqY8C2MOtzzxQ7Gf58GAwjPMiURNjl9diyJUTIHXKj8/edit?usp=sharing) - contributed by ChainCrawlerX

**Community-Led Telegram Groups**

* [Spanish - Español](https://t.me/acryptosspanish)
* [Chinese - 中文群](https://t.me/ACryptoSCN)
* [Turkish](https://t.me/acryptosturkey)
* [Vietnamese](https://t.me/ACryptoSVietnam)
* [Bahasa (Indonesia + Malaysia)](https://t.me/ACryptoS_Bahasa)
* [French](https://t.me/acryptosfr)
* [Japanese - 日本語](https://t.me/ACryptoSJPN)
* [Portuguese](https://t.me/ACryptoSPortuguese)
* [German](https://t.me/acryptosgerman)
* [Persian](https://t.me/AcryptosPersian)
* [Polish](https://t.me/AcryptosPolish)
* [Russian](https://t.me/acryptosr)

Note: These materials are created by the community. If something is unclear, join our [official TG group](https://t.me/acryptos) and ask freely.

</details>


# Chains & Bridges

List of the chains our vaults are on, and how to bridge tokens over.

<details>

<summary>Kava</summary>

### Bridges

Canonical (Native\*):\
<https://app.kava.io/evm/wkava>\
<https://app.kava.io/transfer>\
\*for KAVA and ATOM transfers between Kava (Cosmos) and Kava (EVM) chains

[Exceptions](https://github.com/acryptos/docs.acryptos.com/blob/master/tutorials-and-guides/resources/broken-reference/README.md): USX

Reference: <https://medium.com/kava-labs/how-to-use-the-kava-evm-faq-5e6d79e617ce>

</details>

<details>

<summary>Linea</summary>

### Bridges

Canonical: <https://bridge.linea.build>

</details>

<details>

<summary>Moonbeam</summary>

### Bridges

Canonical (Polkadot/Native\*): [Moonbeam App](#moonbeam-app)\
\*Bridge for native Polkadot assets like DOT, GLMR

Moonwell: [Portal Token Bridge (Wormhole)](https://github.com/acryptos/docs.acryptos.com/blob/master/tutorials-and-guides/resources/broken-reference/README.md)

Reference: <https://docs.moonwell.fi/moonwell-finance/user-guides/bridging-assets#bridging-assets-to-moonbeam>

### Moonbeam App

app: <https://apps.moonbeam.network/moonbeam/xcm>

</details>

<details>

<summary>Moonriver</summary>

### Bridges

Canonical (Polkadot/Native\*): [Moonriver App](#moonriver-app)\
\*Bridge for native Polkadot assets like DOT, MOVR

Reference: <https://docs.moonwell.fi/moonwell-finance/user-guides/bridging-assets#bridging-assets-to-moonriver>

### Moonriver App

app: <https://apps.moonbeam.network/moonriver/xcm>

</details>

***

## Bridges

Some bridging protocols that support multiple chains. Please DYOR and understand the risks before using them.

<details>

<summary>Bridges</summary>

Bridging Tutorials here:

### Celer cBridge

App: <https://cbridge.celer.network/>\
Web: <https://celer.network/>

### Portal Token Bridge (Wormhole)

App: <https://www.portalbridge.com/>

### Synapse

App: <https://synapseprotocol.com/>

### WAN Bridge

App: <https://bridge.wanchain.org/#/>

### Exceptions

ACS: [Multichain.org](#multichain.org)\
USX: [Celer cBridge](#celer-cbridge)

### Multichain.org

**WARNING**: The Multichain.org Bridge is out of service and has likely been hacked. Please do not use it. All Multichain.org assets are affected, including ACS, assets on Kava, Fantom, Moonriver and more. [More Info](https://twitter.com/acryptosdao/status/1677202113905176577)

App: <https://app.multichain.org/>\
Web: <https://multichain.org/>

</details>

***

## Deprecated Chains

<details>

<summary>Astar</summary>

Faucet: [Astar App](https://github.com/acryptos/docs.acryptos.com/blob/master/tutorials-and-guides/resources/broken-reference/README.md)

#### Bridges

Canonical (Polkadot/Native\*): [Astar App](https://github.com/acryptos/docs.acryptos.com/blob/master/tutorials-and-guides/resources/broken-reference/README.md)\
\*Bridge for native Polkadot assets like DOT, USDT (not ceUSDT), and transfers between Astar Native and EVM addresses.

Canonical (EVM): [Celer cBridge](https://github.com/acryptos/docs.acryptos.com/blob/master/tutorials-and-guides/resources/broken-reference/README.md)

USDT (not ceUSDT): [WAN Bridge](https://github.com/acryptos/docs.acryptos.com/blob/master/tutorials-and-guides/resources/broken-reference/README.md)

[Exceptions](https://github.com/acryptos/docs.acryptos.com/blob/master/tutorials-and-guides/resources/broken-reference/README.md): ACS

#### Astar App

app: <https://portal.astar.network/astar/assets>

**Astar ACryptoS dApp Staking**

<https://portal.astar.network/astar/dapp-staking/dapp?dapp=0x569b344ad6bf087a285f0d415d0066028921d873>

#### Notes

Astar docs for transferring tokens: <https://docs.astar.network/docs/user-guides/transfer-tokens>\
\&#xNAN;*Important notes on transferring ASTR to/from exchanges, to/from Polkadot, between native and EVM addresses.*

Reference:\
<https://docs.astar.network/docs/integrations/bridges/cbridge>\
<https://docs.astar.network/docs/integrations/bridges/wanchain>

</details>

<details>

<summary>Canto</summary>

###

***

### Canto

#### Bridges

Canonical: <https://canto.io/bridge>

Others:\
[Synapse](https://github.com/acryptos/docs.acryptos.com/blob/master/tutorials-and-guides/resources/broken-reference/README.md) (USDC, USDT)\
[Celer cBridge](https://github.com/acryptos/docs.acryptos.com/blob/master/tutorials-and-guides/resources/broken-reference/README.md) (BNB, BUSD, WBTC)

Reference: <https://docs.canto.io/user-guides/bridging-assets>

</details>


# Oracles

AcryptoS uses the [industry standard decentralized oracles Chainlink](https://docs.chain.link/data-feeds) as its primary oracle which provides highly secure and reliable, tamper-resistant data feeds.

Chainlink oracles are used across our Optimism, Arbitrum, Base, BSC and Polygon instances:

| WSTETH-ETH (Optimism)                 |
| ------------------------------------- |
| RETH-ETH (Optimism)                   |
| wstETH-stETH Exchange Rate (Arbitrum) |
| rETH-ETH Exchange Rate (Arbitrum)     |
| cbETH-ETH Exchange Rate (Arbitrum)    |
| SGD-USD (Arbitrum)                    |
| wstETH-stETH Exchange Rate (Base)     |
| CBETH-USD (Base)                      |
| BETH-USD (BSC)                        |
| stMATIC Calculated -USD (Polygon)     |
| EUR-USD (Polygon)                     |
| SGD-USD (Polygon)                     |


# Terms of Service

Terms and Conditions for ACryptoS

## Terms and Conditions

Last updated: October 10, 2024

Please read these terms and conditions carefully before using Our Service.

## Interpretation and Definitions

### Interpretation

The words of which the initial letter is capitalized have meanings defined under the following conditions. The following definitions shall have the same meaning regardless of whether they appear in singular or in plural.

### Definitions

For the purposes of these Terms and Conditions:

* Affiliate means an entity that controls, is controlled by or is under common control with a party, where "control" means ownership of 50% or more of the shares, equity interest or other securities entitled to vote for election of directors or other managing authority.
* Company (referred to as either "the Company", "We", "Us" or "Our" in this Agreement) refers to ACryptoS, Advanced Crypto Strategies.
* Device means any device that can access the Service such as a computer, a cellphone or a digital tablet.
* Service refers to the Website.
* Terms and Conditions (also referred as "Terms") mean these Terms and Conditions that form the entire agreement between You and the Company regarding the use of the Service.
* Third-party Social Media Service means any services or content (including data, information, products or services) provided by a third-party that may be displayed, included or made available by the Service.
* Website refers to ACryptoS, accessible from <https://www.acryptos.com>
* You means the individual accessing or using the Service, or the company, or other legal entity on behalf of which such individual is accessing or using the Service, as applicable.

## Acknowledgment

These are the Terms and Conditions governing the use of this Service and the agreement that operates between You and the Company. These Terms and Conditions set out the rights and obligations of all users regarding the use of the Service.

Your access to and use of the Service is conditioned on Your acceptance of and compliance with these Terms and Conditions. These Terms and Conditions apply to all visitors, users and others who access or use the Service.

By accessing or using the Service You agree to be bound by these Terms and Conditions. If You disagree with any part of these Terms and Conditions then You may not access the Service.

You represent that you are over the age of 18. The Company does not permit those under 18 to use the Service.

Your access to and use of the Service is also conditioned on Your acceptance of and compliance with the Privacy Policy of the Company. Our Privacy Policy describes Our policies and procedures on the collection, use and disclosure of Your personal information when You use the Application or the Website and tells You about Your privacy rights and how the law protects You. Please read Our Privacy Policy carefully before using Our Service.

## Links to Other Websites

Our Service may contain links to third-party web sites or services that are not owned or controlled by the Company.

The Company has no control over, and assumes no responsibility for, the content, privacy policies, or practices of any third party web sites or services. You further acknowledge and agree that the Company shall not be responsible or liable, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any such content, goods or services available on or through any such web sites or services.

We strongly advise You to read the terms and conditions and privacy policies of any third-party web sites or services that You visit.

## Termination

We may terminate or suspend Your access immediately, without prior notice or liability, for any reason whatsoever, including without limitation if You breach these Terms and Conditions.

Upon termination, Your right to use the Service will cease immediately.

## Limitation of Liability

Notwithstanding any damages that You might incur, the Company and any of its suppliers shall not be liable for any losses or damages arising from Your use of the Service.

To the maximum extent permitted by applicable law, in no event shall the Company or its suppliers be liable for any special, incidental, indirect, or consequential damages whatsoever (including, but not limited to, damages for loss of profits, loss of data or other information, for business interruption, for personal injury, loss of privacy arising out of or in any way related to the use of or inability to use the Service, third-party software and/or third-party hardware used with the Service, or otherwise in connection with any provision of this Terms), even if the Company or any supplier has been advised of the possibility of such damages and even if the remedy fails of its essential purpose.

Some states do not allow the exclusion of implied warranties or limitation of liability for incidental or consequential damages, which means that some of the above limitations may not apply. In these states, each party's liability will be limited to the greatest extent permitted by law.

## "AS IS" and "AS AVAILABLE" Disclaimer

The Service is provided to You "AS IS" and "AS AVAILABLE" and with all faults and defects without warranty of any kind. To the maximum extent permitted under applicable law, the Company, on its own behalf and on behalf of its Affiliates and its and their respective licensors and service providers, expressly disclaims all warranties, whether express, implied, statutory or otherwise, with respect to the Service, including all implied warranties of merchantability, fitness for a particular purpose, title and non-infringement, and warranties that may arise out of course of dealing, course of performance, usage or trade practice. Without limitation to the foregoing, the Company provides no warranty or undertaking, and makes no representation of any kind that the Service will meet Your requirements, achieve any intended results, be compatible or work with any other software, applications, systems or services, operate without interruption, meet any performance or reliability standards or be error free or that any errors or defects can or will be corrected.

Without limiting the foregoing, neither the Company nor any of the company's provider makes any representation or warranty of any kind, express or implied: (i) as to the operation or availability of the Service, or the information, content, and materials or products included thereon; (ii) that the Service will be uninterrupted or error-free; (iii) as to the accuracy, reliability, or currency of any information or content provided through the Service; or (iv) that the Service, its servers, the content, or e-mails sent from or on behalf of the Company are free of viruses, scripts, trojan horses, worms, malware, timebombs or other harmful components.

Some jurisdictions do not allow the exclusion of certain types of warranties or limitations on applicable statutory rights of a consumer, so some or all of the above exclusions and limitations may not apply to You. But in such a case the exclusions and limitations set forth in this section shall be applied to the greatest extent enforceable under applicable law.

## Governing Law

The laws of the Country, excluding its conflicts of law rules, shall govern this Terms and Your use of the Service. Your use of the Application may also be subject to other local, state, national, or international laws.

## Disputes Resolution

If You have any concern or dispute about the Service, You agree to first try to resolve the dispute informally by contacting the Company.

## For European Union (EU) Users

If You are a European Union consumer, you will benefit from any mandatory provisions of the law of the country in which you are resident in.

## United States Legal Compliance

You represent and warrant that (i) You are not located in a country that is subject to the United States government embargo, or that has been designated by the United States government as a "terrorist supporting" country, and (ii) You are not listed on any United States government list of prohibited or restricted parties.

## Severability and Waiver

### Severability

If any provision of these Terms is held to be unenforceable or invalid, such provision will be changed and interpreted to accomplish the objectives of such provision to the greatest extent possible under applicable law and the remaining provisions will continue in full force and effect.

### Waiver

Except as provided herein, the failure to exercise a right or to require performance of an obligation under these Terms shall not effect a party's ability to exercise such right or require such performance at any time thereafter nor shall the waiver of a breach constitute a waiver of any subsequent breach.

## Translation Interpretation

These Terms and Conditions may have been translated if We have made them available to You on our Service. You agree that the original English text shall prevail in the case of a dispute.

## Changes to These Terms and Conditions

We reserve the right, at Our sole discretion, to modify or replace these Terms at any time. If a revision is material We will make reasonable efforts to provide at least 30 days' notice prior to any new terms taking effect. What constitutes a material change will be determined at Our sole discretion.

By continuing to access or use Our Service after those revisions become effective, You agree to be bound by the revised terms. If You do not agree to the new terms, in whole or in part, please stop using the website and the Service.

## Contact Us

If you have any questions about these Terms and Conditions, You can contact us:

* By email: <hello@acryptos.com>

\\


# Step-by-step Guide

WIP