What is ACY Finance?
ACY Finance is an anti-robot DEX. ACY invented Flash Arbitrage, a protocol-level implementation that executes to reduce the arbitrage activities of miners and other kinds of arbitrage robots in each transaction.
The team which consists of a group of talented youth from Tsinghua University and Stanford University, designed the smart contract in a will split the user’s swap transaction into multi-route arbitrage transactions inside the same swap transaction. Users can then automatically profit from the arbitrages, enjoy the lower price slippage and better price stability. This in turn, will also reduce the interests from mining bots since the opportunity for arbitrage will be reduced significantly.
Furthermore, Flash Arbitrage is executed using a mathematical model to calculate the most optimal routes during runtime, aka during transaction execution. Unlike 1inch and other platforms where they calculate the routing solutions before they do the swap transaction, ACY Finance has no delay and is more accurate for its protocol-level implementation of the algorithm.
Most of the gains from Flash Arbitrage shall be returned to users, and the remaining part is rewarded to liquidity providers. In this way, compared with similar DEXes such as UniSwap, PancakeSwap, and SushiSwap, ACY can provide lower trading slippage, on the one hand, higher liquidity mining return rate on the other hand, and quickly attract users and liquidity providers to join ACY Finance.
Tokenomics
Total ACY Finance Supply: 200,000,000
- Private: 2%, 5% to be released during Token Generation, followed by linear release over 24 months
- IDO: 5%, 30% to be released during Token Generation, followed by 23.3% each subsequent months
- Crypto Fund: 13%, 5% to be released during Token Generation, followed by linear release over 24 months
- Team: 20%, Locked for 6 months, followed by 5% release and linear release over the subsequent 24 months
- Providers and Users: 20%, 5% to be released during Token Generation, followed by linear release over 36 months
- Marketing: 15%, 5% to be released during Token Generation, followed by linear release over 36months
- Ecosystem Fund: 10%, 5% to be released during Token Generation, followed by linear release over 24 months
- ACY Foundation: 15%, 5% to be released during Token Generation, followed by linear release over 24 months
IDO price: 1 ACY= $0.20
Listing price: 1 ACY= $0.64
Listing on the 17th December2021, Approximately 1630 UTC. 30% of IDO tokens to be released during Token Generation.
How to Join HOPPY’s IDO?
There are 3 tiers for HOP hodlers to enroll in an IDO (To be contributed via HOPPY pool here)
Whitelisting link: https://gleam.io/AdhuL/hoppy-baby-tier-whitelist-acy-finance
Important: Please read this post to understand the Pool Contribution process — https://hoppymeme.medium.com/5363689daf91
Links to ACY Finance social media sites:
Website: https://acy.finance/
Twitter: https://twitter.com/ACYFinance
Telegram: https://t.me/acyfinance
Telegram(announcement): https://t.me/ACYFinanceChannel
Medium: https://medium.com/acy-finance
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