Partners: Hot Cross x ACryptoS

BKT
ACryptoS
Published in
4 min readOct 11, 2021

With multi-chains thriving, users and teams are constantly migrating in part to new networks, as well as to-and-fro their “home” networks. Hot Cross was built with this aim to become an extensive multi-chain and cross-chain tool suite, enabling blockchain teams and their communities to prosper.

Cross Bridge, Cross Pool, Cross Mint, etc.
Hot Cross, a multi-chain tool suite created for both blockchain teams and their communities.

How our platforms got connected with each other, was that we were picked to be in the same #BSC Learn & Earn campaign several months ago. As a great start to our collaboration, we’ve already aggregated HOTCROSS-BNB in our Yield Optimizer Vaults not long ago, and we’re now glad to announce the next step in our partnership⚔️

$100,000.00 Rewards to be farmed.

Dual Token Farming: $ACSI + $HOTCROSS!

Acsi.Finance will be launching a new HOTCROSS-BNB-ACSI Liquidity Pool (LP). Multi token pools are one of the many unique points that our Next-Gen AMM offers.

$50,000.00 ACSI + $50,000.00 HOTCROSS is allocated for the farm, and they will be distributed over a period of 90 days. Be the first in, and enjoy the $100,000.00 yield farming rewards!

Bonus: Hot Cross has also provided $10,000.00 of $HOTCROSS to be distributed to our ACS-ACSI-BNB-BUSD Onsen Pool. A2B2 Pool LP providers will now receive $HOTCROSS as well for 90 days. No action required.

One of the perks for investing in our Onsen pool. Farm 5+ tokens at the same time and learn about partner protocols.

How to farm the $100,000.00 Rewards?

Two simple steps:

1. Provide liquidity in the HOTCROSS-BNB-ACSI Investment Fund
(40% HOTCROSS | 40% BNB | 20% ACSI)

Users can deposit all 3 tokens in the listed proportions above, or they can deposit 1 single token (eg: HOTCROSS, BNB, or ACSI) and Acsi.Finance will take care of the rest in the background, balancing those tokens for you.

2. Stake the pool tokens received on the ACryptoS farm

After providing liquidity (investing) in the HOTCROSS-BNB-ACSI Investment Fund, users will receive proof-of-stake tokens, and they will be able to stake those tokens in the HOTCROSS-BNB-ACSI farm on ACryptoS.com — That’s where you’ll earn those awesome Double rewards (ACSI + HOTCROSS)!

On top of the Farm APY, you’ll also be earning Swap APY. This comes from the swap fees of all the trades happening in the HOTCROSS-BNB-ACSI pool. 😉

Scroll down for a full step-by-step guide.

Quick Guide — Dual Token Farming

Taking part in this new LP is a simple process:

Make sure your wallet has HOTCROSS (40%), BNB (40%) and ACSI (20%) in the correct proportions (or close to it)
*Staking with just one token is possible as well, read on for more details.

  1. Go to app.Acsi.Finance
  2. Single currency/multi-currency deposits on Acsi Finance
  • Click HOTCROSS-BNB-ACSI
  • Select the currency and amount to be deposited, or click “MAX” to deposit all

*You can stake a single currency, and the protocol will automatically convert the currency into the other currencies in the HOTCROSS-BNB-ACSI LP.
Hint: make smaller deposits at one time if the price impact is too high.

  • “Approve” the transaction (the number of approvals depends on the types of currency staked)
  • After clicking “Invest”, approve the transaction in your wallet to complete the deposit and get the LP tokens.

If you want to unpair the LP, click “Withdraw” to choose the withdrawal method. Click “Best price” to receive 3 types of equivalent currencies;
Click “Single token” to choose one of the 3 single currencies to withdraw.

3. Stake LP on app.acryptos.com/acsi

  • Look for the Acsi.Finance HOTCROSS-BNB-ACSI farm, click “Stake”
  • Click “Max” and confirm

You will start earning $HOTCROSS + $ACSI 🔥

Quick Guide — Swapping $HOTCROSS on Acsi.Finance

Once there is sufficient liquidity in the new LP, you will be able to swap HOTCROSS on Acsi.Finance by navigating to the Trade interface. You will be able to swap any cryptocurrency listed on Acsi.Finance for HOTCROSS tokens with the best swap fees and maximum returns.

  1. Click “Trade” on app.Acsi.Finance
  2. Choose the currency and quantity you want to exchange
  3. Click “Preview trade” — “Confirm trade”

About Hot Cross

At its core, Hot Cross aims to be a toolbox for EVM networks and if the thesis that cross-chain tools work, they will then expand to non-EVM chains (e.g. Polkadot, Cosmos, Solana, etc.) The first tool ever created in the Hot Cross ecosystem was an ERC20 to BEP20 bridge called Cross Bridge, and the following products that are under development or already launched are a multi-chain NFT minter named Cross Mint, a multi-chain StakeDrop/Launchpool product named Cross Pool, a UI component named Cross Connect, a rich data delivery endpoint named Cross API, an exploration into AMM-style bridging via Cross Swap, and a multipurpose application called Cross Vest for token management.

Links: GitHub | Twitter | Telegram | Chat | Reddit | Discord

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