Introducing ACS3BTC StableSwap & ACSI Farms V2
Efficient exchange for BTCB, renBTC and pBTC on Binance Smart Chain
We’ve launched the ACS3BTC StableSwap pool enabling efficient exchange of different wrapped Bitcoin variants on Binance Smart Chain:
How to be a liquidity provider
Liquidity providers earn swap fees as well as our native token ACSI, a stake in the protocol.
To provide liquidity:
- Get tokens:
BTCB (Binance pegged Bitcoin)— withdraw BTC from Binance.com to Binance Smart Chain or use the Binance Bridge to send directly from the Bitcoin network.
renBTC — use RenBridge to send Bitcoin to Binance Smart Chain or swap with 1inch.
pBTC — use pTokens Bridge to send Bitcoin to Binance Smart Chain or swap with 1inch.
- Deposit in ACS3BTC StableSwap pool: https://app.acryptos.com/stableswap/deposit/btc/
Deposit in equal proportions to avoid high price impact/slippage.
- Stake your ACS3BTC LP tokens in the ACSI Farm to earn ACSI rewards: https://app.acryptos.com/acsi/
Why so many versions of Bitcoin?
BTCB, renBTC and pBTC are all representations or “wrapped” versions of Bitcoin. However they differ in their approach and implementation — decentralized/centralized, trustless/trust-based, and so on.
Learn more about Ren Protocol and renBTC: https://renproject.io/
Learn more about pTokens and pBTC: https://ptokens.io/
ACSI Farms V2
The ACS3BTC Farm is the first ACSI V2 Farm, which brings similar features as ACS Farms V2, allowing ACSI Vault holdings to be used to boost ACSI rewards by up to 2.5X.
All ACSI Farms will be migrated to V2, with a timeline to be announced.