ACY Finance IDO Launch on KrystalGO: Announcement & Participation Details

Whitelist Registration for $ACY IDO will begin on December 07. Visit KrystalGO to complete KYC and stake $KNC to accumulate points. You can check your points & tier on the Dashboard.

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Krystal Wallet

6 min readDec 6, 2021

ACY Finance is an anti-robot DEX. ACY invents Flash Arbitrage, a protocol-level implementation that executes to reduce the arbitrage activities of miners and other kinds of arbitrage robots in each transaction. $ACY is the platform’s governance token. More information about ACY Finance and the $ACY token can be found here.

KrystalGO is pleased to be one of the launchpads to host the upcoming $ACY token launch.

ACY Finance Pool on KrystalGO
Whitelist Registration
Token Sale
Pool Initiation
Vesting Schedule
How to join ACY Finance Pool on KrystalGO?
∘ Step 1: Connect Wallet on KrystalGO
∘ Step 2: Go to Dashboard, Complete KYC
∘ Step 3: Accumulate Points
∘ Step 4: Check your Tier
∘ Step 5: Select ACY Finance Pool, and complete Whitelist Registration
∘ Step 6: Check Whitelist results

ACY Finance Pool on KrystalGO

Token Ticker: $ACY
Token Type: BEP-20
Network: Binance Smart Chain
Total Raise: 200,000 USDT
Total Available Tokens: 1,000,000 $ACY
Deposit Token: USDT on Binance Smart Chain
Price per token: 0.20 USDT

Whitelist Registration

Starts: December 07, 2021, 08:00 UTC (16:00 GMT+8)
Ends: December 10, 2021, 08:00 UTC (16:00 GMT+8)

Whitelist Results Announcement: December 10, 2021, 10:00 UTC (18:00 GMT+8)

DO NOT withdraw your KNC before the result announcement is live, even if the Registration Phase has ended! Cut-off time to snapshot your total points to decide your tier for the $ACY IDO Pool will happen anytime between 08:00–10:00 UTC, Dec 10.

Token Sale

Phase 1: December 11, 2021, 08:00–12:00 UTC (16:00–20:00 GMT+8)

ONLY Whitelisted users who are given an allocation based on their tier, can purchase during this phase.

Phase 2: December 11, 2021, 13:00–14:00 UTC (21:00–22:00 GMT+8)

All users who registered for the project pool can purchase. Token amount will be predetermined.

Phase 3: December 11, 2021, 15:00–16:00 UTC (23:00–00:00 GMT+8)

All KYC-ed KrystalGO users can purchase. Token amount will be predetermined.

In Phase 1, you can purchase your allocation anytime during the token sale time. However, Phase 2 and 3 will run on a First come First serve (FCFS) basis.

Pool Initiation

December 17, 2021. More details will be released closer to the date.

Vesting Schedule

30% unlocked at TGE: December 17, 2021, 13:30 UTC
23.3% unlocked each month, over the next 3 months

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How to join ACY Finance Pool on KrystalGO?

To be eligible, please complete the following steps.

Step 1: Connect Wallet on KrystalGO

Step 2: Go to Dashboard, Complete KYC

If you need help, you can find the complete instructions here.

Step 3: Accumulate Points

You can check your points and tier on the KrystalGO Dashboard. (Do note you can only check this on the KrystalGO page, not the Krystal page)

There are 2 ways you can accumulate points.

Stake KNC on KrystalGO (1 KNC = 1 point)

No minimum requirement for Topaz ; minimum requirement required for Obsidian, Emerald or Sapphire.

Go to Dashboard
Select your preferred chain. We support staking on Ethereum, BSC and Polygon. All chains are eligible.
Approve KNC token to stake. You only need to do this transaction once.
After the transaction is confirmed, click on Stake to stake your KNC.
Once staked, you can only unstake after 7 days.
If you want to buy more KNC to stake, click on the ‘Buy KNC’ button, and it will bring you to the Krystal website, where you can swap any tokens for KNC.

Trade on Krystal (10 USD = 1 point)

This is not a requirement. If you have already achieved your desired tier by staking KNC, you don’t need to fulfill any trading requirements.

Your trade volume will be calculated 30 days back from the end of a project’s whitelist stage — IE. December 10, 2021, 10:00 UTC (18:00 GMT+8).

Step 4: Check your Tier

🟠 Topaz (300 points) — Effective from November 15, 2021

No guaranteed allocation. All participants in this tier will have to enter a raffle, and the whitelisted slots will be randomly assigned.

Minimum amount of KNC staked = 0
You can achieve the point requirement by either staking KNC, swapping tokens on Krystal, or a combination of both actions
During registration for the whitelist, you will be required to complete social tasks.

🟣 Obsidian (3,000 points)

No guaranteed allocation. All participants in this tier will have to enter a raffle, and the whitelisted slots will be randomly assigned.

Minimum amount of KNC staked = 1,200 KNC
To make up the rest of the points, either stake more KNC or accumulate points by trading on Krystal
During registration for the whitelist, you will be required to complete social tasks.

🟢 Emerald (10,000 points)

Guaranteed allocation

Minimum amount of KNC staked = 4,000 KNC
To make up the rest of the points, either stake more KNC or accumulate points by trading on Krystal

🔵 Sapphire (35,000 points)

Guaranteed allocation

Minimum amount of KNC staked = 14,000 KNC
To make up the rest of the points, either stake more KNC or accumulate points by trading on Krystal

IMPORTANT NOTES

Your exact allocation will only be revealed on December 10, 2021, 10:00 UTC (18:00 GMT+8).
Please make sure to maintain your tier until your allocation is revealed.
The higher the tier, the greater the token allocation.

Step 5: Select ACY Finance Pool, and complete Whitelist Registration

Go to Pools
Select ACY Finance
Click on Register Now
KrystalGO will ask you to sign your wallet. Click Sign on your wallet to complete the registration process
Your status still be updated to: Registered.
Do note that you have to maintain your tier level throughout the registration period until the results are announced.
Participants in ALL TIERS have to wait until the end of Whitelist Registration for the Whitelist Results Announcement to find out their token allocation.

Step 6: Check Whitelist results

This will be announced on December 10, 2021, 10:00 UTC (18:00 GMT+8).
If you are in tiers Topaz or Obsidian, a raffle will be conducted at the end of the Registration period. You will know if your wallet has been selected during the announcement.
If you are in tiers Emerald or Sapphire, you will find out your token allocation during the announcement.

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For more information

⭐️ Step-by-step IDO/INO Participation Guide here

⭐️ Tier explanation here

⭐️ Help Center here

About ACY Finance

ACY Finance is an anti-robot DEX. ACY invents Flash Arbitrage, a protocol level implementation that executes to reduce the arbitrage activities of miners and other kinds of arbitrage robots in each transaction.

Flash Arbitrage is ACY Finance’s greatest innovation to fight against the MEV problem. It is an arbitrage strategy integrated into the protocol, aka written in the smart contract. It is executed automatically each time when the user initiates swap transactions. Similar to flash loans, flash arbitrage happens in an instant. But instead of one block, flash arbitrage happens in one single transaction along with your swap. Therefore there will be no more arbitrage opportunities after swap transactions as the protocol has already harvested the arbitrage benefits.

Flash Arbitrage is a creation invented to help promote a fair competition for users by ACY Finance. The team wants the solution to be Anti-MEV but also Anti-corruption to fight against the robots. In this new world created by ACY, the interest of both Traders and Liquidity Providers will be appreciated.

About KrystalGO

KrystalGO is a platform that allows community members to participate in public rounds of funding by token projects.

KrystalGO has participation tiers designed to cater to users of different portfolios. To qualify, users are allotted points in 2 categories — amount of staked Kyber Network Crystal (KNC) tokens at KrystalGO, and overall token swap trading volume on the Krystal platform.

At launch, KrystalGO supports projects built on Ethereum, Binance Smart Chain (BSC), Polygon and Avalanche. It will soon expand to include other networks to cater to more projects and users.