I get asked this a lot. This is an answer from ~2 weeks after we first launched: https://t.me/acryptos9/2956
(Aside: It’s amazing that Telegram groups keep all their history. You can still scroll back to when I first launched the platform on 1 Nov to our small group of ~100 members and read everything from before then and all the crazy things that have happened till now.)
So, what makes us different?
ACryptoS is designed for the long-term farmer/investor who sees value in sustainable tokenomics and an emphasis on safety and careful risk management.
It was an intentional decision not to…
ACryptoS Farms V2 Migration Phase 1 completed successfully today and Phase 2 is now scheduled for 12–15 March 2021. This will include all remaining V1 ACS Farms.
~6AM UTC, 12 March 2021 — Migration begins, (non-V2) ACS Farms’ weights will be re-distributed equally between V1 and V2.
~6AM UTC, 15 March 2021 — Migration ends, ACS Farms’ weights will be shifted entirely to V2.
ACTION NEEDED: Users will be required to unstake their Vault tokens from Farms V1 and stake into Farms V2 during the migration period in order to continue receiving ACS rewards, which they will be able to…
ACryptoS Farms V2 brings an exciting new feature to the protocol, allowing ACS Vault holdings to be used to boost ACS rewards by up to 2.5X. It also addresses a long-standing user gripe and staking/unstaking now no longer automatically triggers a harvest (and harvest fee).
The SFP-BNB Vault&Farm and LTC Vault&Farm were the first Vaults on Farms V2 to go live on 10 Feb 2021. We completed a successful audit with Hacken on 21 Feb 2021. We now have 15 Vaults on Farms V2 with more than $25M TVL.
We will migrate the UNFI-BNB Vault to Farms V2 from 5–8…
We are proud to announce that leading defi platform and community DefiYield.info has successfully completed a comprehensive audit of our project, and have awarded us with their Low Risk rating.
We will also be integrating our Vaults and StableSwap into DefiYield’s cross-chain asset management platform, and are going to cooperate on developing and growing our communities together going forward.
We were the first to launch Vaults farming on Venus Protocol, and remained the only ones for 3 weeks after, accumulating a TVL of more than $2M in our Venus Vaults alone. We have published all our smart contract code before, but we did not publish the source code of our Venus Vaults’ Strategies at first, as I was curious to see how much of a competitive edge it would give us. Now that Beefy has released their Venus Vaults, we should now review if we would like to publish our source codes.
Beefy’s Venus implementation is a relatively poorer…
I see users have been complaining about this since Venus launched, and I thought it would have been a quick fix by the Venus team. But since it’s already been 2 weeks, hopefully this quick guide will be helpful.
One way to do this is to try and borrow or repay on the Venus app and copy the address that MetaMask tries to interact with.
Swipe’s Compound and MakerDAO clone has just gone live on Binance Smart Chain, offering XVS incentives to users who supply and borrow assets on their protocol. Let’s review the different yield farming options we have here.
Probably the safest and most straightforward strategy is to simply supply assets to the protocol to earn interest and an XVS reward, currently giving you a combined APY of ~1–35%, depending on the asset. Your risk is mostly smart contract risk in the Venus Protocol, and liquidity risk if somehow the protocol becomes undercollateralized.
We are proud to introduce the first and only Curve clone on Binance Smart Chain, enabling fast and efficient stablecoin trading at the best prices with low slippage and fees.
Our first core pool is live, offering trading between BUSD, USDT, DAI and USDC here: https://app.acryptos.com/stableswap/
Exchange fees are set at 0.04%, ~10X cheaper than the >0.3% charged by all the other UniSwap and SushiSwap clones, and slippage is typically ~100X smaller. All this is thanks to Curve’s specialized algorithm tailored for trading of stablecoins and other pegged assets.
Trading on Binance Smart Chain also means gas costs up to…
I exploited the SYRUP bug on 3 November 2020. I regret it very much, and would like to return all the gains I made from it.
Sorry, #BSC community. Please forgive me.
On 3 November 2020, I noticed a suspicious transaction to the PancakeSwap timelock, removing the timelock from their MasterChef contract. I looked deeper into it, and discovered that there was a bug in their SYRUP contract that allowed anyone to mint unlimited amounts of SYRUP. I immediately reached out to the team about the bug, but got no response.