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NUTS Finance

AC Crowdpooling on BSC Full Guide

AC x DODO x BSC

Housekeeping Items

  • The AC Crowdpooling event will take place on the BSC network
  • Please setup your BSC wallet and fund with BUSD and BNB before the event start date
  • Crowdpooling Start Time: 17:00 February 24, 2021 (UTC+8)
  • Crowdpooling End Time: 23:00 February 24, 2021 (UTC+8)
  • Crowdpooling Access: https://v2beta.dodoex.io/cp/join

Crowdpooling Details

Token Name: ACoconut
Token Ticker: AC
Token Allocation: https://docs.acoconut.fi/token-economics
AC Token Address (ERC20): https://etherscan.io/address/0x9a0aba393aac4dfbff4333b06c407458002c6183
AC Token Address (BEP20): https://bscscan.com/address/0x5B45A9be49c94236E127EFCc601b7e7a1a485d0a

Total Number of Tokens Provided by Project Team: 200,000 AC
Crowdpooling Token Allocation: 100,000 AC
Crowdpooling Token Price: the lower of
(i) 4 BUSD
(ii) 60% x (Spot Price at 16:00)

Example:
Price of AC at 16:00 = 5 BUSD
Crowdpooling Token Price: 1 AC = 3 BUSD

  • Spot price will be determined using the CoinGecko as reference data.
    https://www.coingecko.com/en/coins/acoconut
  • Due to recent market volatility, the revised Crowdpooling Token Price mechanism was jointly determined by ACoconut and DODO
  • Cross-chain functionality between BEP20 AC and ERC20 AC will be activated before the launch of ACoconut BSC dApp V2. Target launch date set to before end of March 2021

Setting Up a BSC Wallet

MetaMask (Desktop)

  • If you don’t have MetaMask installed, please follow the MetaMask Setup Guide
  • If you already have MetaMask installed, simply follow the steps outlined below

BSC Network Details
Network Name:
BSC
New RPC URL (Select any one of the following):
https://bsc-dataseed.binance.org/
https://bsc-dataseed.defibit.io/
https://bsc-dataseed1.ninicoin.io
Chain ID: 56
Currency Symbol: BNB

You can add BUSD token by submitting the contract address 0xe9e7cea3dedca5984780bafc599bd69add087d56

MATH Wallet (Mobile)

  • BEP20 AC is currently supported by non-custodial wallets such as MathWallet and TokenPocket
  • Similar to any non-custodial wallets, please take good care of your private keys and/or seed phrases when setting up a wallet for the first time
  • Below outlines the steps for setting Math Wallet

Getting BUSD

  • Only BUSD will be accepted as the subscription currency
  • Please ensure your BSC wallet is funded with an adequate amount of BNB (approx. US$50 worth of BNB) as BNB will be used to pay for transaction fees on the BSC network
  • Convert stablecoins and/or ERC20 tokens to BUSD directly via the Binance Conversion Portal

Resources

MetaMask for BSC Setup Guide
DODO Official Crowdpooling Announcement
AC Launches the 1st DODO Crowdpooling on BSC
Introduction to DODO Crowdpooling
MathWallet Google Play Download
TokenPocket Google Play Download

About ACoconut

ACoconut is a suite of open protocols designed to enable frictionless movement of BTC liquidity between decentralized systems. The ACoconut protocol suite consists of BTC+ and acBTC.

BTC+ enables frictionless movement of BTC liquidity between DeFi protocols.

acBTC enables frictionless movement of BTC liquidity across next generation Layer 1 networks.

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Terry Lam

Terry Lam

Building @NUTSFinance https://nuts.finance | sound money enthusiast | cat dad