Efficient stablecoin trading on Binance Smart Chain with ACryptoS StableSwap
First pool is live, offering trading between BUSD, USDT, DAI and USDC
We are proud to introduce the first and only Curve clone on Binance Smart Chain, enabling fast and efficient stablecoin trading at the best prices with low slippage and fees.
Our first core pool is live, offering trading between BUSD, USDT, DAI and USDC here: https://app.acryptos.com/stableswap/
Cheaper Better Faster
Exchange fees are set at 0.04%, ~10X cheaper than the >0.3% charged by all the other UniSwap and SushiSwap clones, and slippage is typically ~100X smaller. All this is thanks to Curve’s specialized algorithm tailored for trading of stablecoins and other pegged assets.
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.
Yield Farming with ACSI
We share a stake in the protocol with 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 are earned by liquidity providers.
Our primary native token is ACS, and we decided to launch ACSI as the native token for our StableSwap and probably all future non-vault products. This will allow Vaults to be built on top of StableSwap and other non-vault products in the future, plus, we believe as the first Curve clone on Binance Smart Chain, ACryptoS StableSwap is a strong enough product to stand on its own — just look at Curve’s TVL and volumes! VAI, the Venus stablecoin also launches today - all that liquidity has to go somewhere and we may look at offering it for trading in a metapool soon.
Our tokenomics and fees are designed to encourage long term provision of liquidity and staking of ACSI. ~23.254% of daily ACSI emissions and all other fees are used to buy back ACSI and/or are distributed directly to ACSI stakers in the ACSI Vault. The fee structure does mean that short term stakers will most likely have a 0 or even slightly negative return, so do review our docs carefully before depositing, and there are links in the app showing the relevant fees as well.
We’re a brand new project and ACSI is volatile and extremely inflationary at this stage. Do carefully review the Security & Risks section of our docs as well as DYOR before proceeding.
Ready to find out more? Join us in our Telegram group.