The cryptocurrency market has evolved remarkably in recent years, with investors adopting a more nuanced approach to their portfolios (instead of just degens and memes😏). While traditional blue-chip tokens like BTC and ETH continue to hold a significant position, there’s a growing trend towards diversifying investments into stablecoins.

Gone are the days when USD-pegged stablecoins were the sole option. As the market matures, investors are recognizing the importance of diversifying their stablecoin holdings to mitigate risks and capitalize on emerging opportunities. The Singapore Dollar (SGD), for instance, has emerged as a compelling alternative.

With its strong economy and stable political environment, SGD has been resilient in the face of global economic challenges. Its growing popularity among investors reflects a growing confidence in the Singaporean economy and the stability of its currency.

StraitsX: The Rise of XSGD

As stablecoins have emerged as a crucial asset class, the Singapore Dollar stablecoin, XSGD, issued by StraitsX, has gained significant traction.

StraitsX, a digital assets payments platform developed in Singapore, allows users to transfer, mint, and redeem XSGD, a fully collateralized Singapore dollar stablecoin.

Backed by the Monetary Authority of Singapore (MAS), StraitsX ensures that every XSGD token is fully collateralized by SGD cash deposits in DBS Bank, one of Singapore’s largest banks. This robust backing makes XSGD a reliable and trustworthy stablecoin.

Why Hold XSGD?

• Diversification: Holding XSGD can diversify your cryptocurrency portfolio beyond USD-pegged stablecoins. The Singaporean economy’s strength and the MAS’s strict regulations make SGD a stable and attractive currency. Users can also stake XSGD in various DeFi protocols to earn rewards in the form of other cryptocurrencies or stablecoins.
• Stability: XSGD’s direct link to the SGD provides a stable store of value, mitigating the volatility often associated with other cryptocurrencies. Corporations, institutions and DAOs are starting to hold XSGD as part of their treasury reserves, offering a stable and liquid alternative to traditional fiat currencies.
• Accessibility: XSGD is readily available on various crypto exchanges, making it convenient to buy, sell, and trade. XSGD can also be used for peer-to-peer payments and transactions, offering a convenient and efficient alternative to traditional banking methods.

Enhancing XSGD Liquidity

ACryptoS: A Pioneer in Automated Liquidity Management

ACryptoS has been at the forefront of automated liquidity management for over four years. In 2023, the team achieved a significant milestone with the development of the Automated Concentrated Liquidity Manager (ACLM) Vaults.

These innovative vaults revolutionize liquidity provision on Uniswap V3, by deploying advanced algorithms to optimize liquidity allocation and maximize returns.

The Power of ACLM Vaults

ACLM Vaults offer a distinct advantage over traditional liquidity provision methods. By dynamically adjusting position sizes and concentration ranges based on real-time market conditions, these vaults ensure that liquidity is always deployed in the most efficient manner. This not only improves swap rates for XSGD users but also enables liquidity providers to capture more swap fees.

For a better understanding of our ACLM vaults, check out our blog post here.

Key Benefits of ACLM Vaults:

• Optimized Liquidity Allocation: ACLM Vaults ensure that liquidity is concentrated in areas of high trading activity, resulting in better swap rates for users.
• Increased Swap Volume: By providing more efficient liquidity, ACLM Vaults attract higher swap volumes, leading to increased revenue for liquidity providers.
• Reduced Manual Effort: The automated nature of ACLM Vaults eliminates the need for constant manual adjustments, saving users time and effort.

ACryptoS has formed a strategic partnership with StraitsX to enhance the liquidity of the XSGD stablecoin. By leveraging its expertise in automated liquidity management via the innovative ACLM Vaults, we ensure that XSGD liquidity is optimized in the most efficient manner.

4x Choices of XSGD-USDC Vaults

To provide a variety of selections for XSGD holders, ACryptoS has launched vaults with different strategies for 4 distinct liquidity pools on Uniswap V3 (three on Polygon, one on Arbitrum).

These vaults cover different chains and swap fee rates, enhancing the liquidity of these pools, and aiming to capture higher swap fees for each pool. This results in higher yields for XSGD liquidity providers. XSGD holders may decide on the vaults to deposit in, by comparing the APY and past performance of each of these vaults.

Note: Depositing in any of these vaults, will involve exposure to the USDC token as well. Read more about our ACLM strategies here to understand how the yields are derived for depositors of these vaults.

• (Polygon) XSGD / USDC 0.05%
• (Polygon) XSGD / USDC 0.3%
• (Polygon) XSGD / USDC.e 0.05%
• (Arbitrum) XSGD / USDC 0.05%

The % label for each of these vaults, correspond to the underlying swap fees of the pools on Uniswap V3.

The XSGD vaults can be accessed directly here on our dapp.
Also, read our Quick-Start Guide on how to start using our vaults.

Key Advantages of the ACryptoS-StraitsX Partnership:

• Increased Liquidity: ACryptoS’s efficient liquidity management strategies increase the depth and breadth of XSGD’s liquidity pools, making it easier for traders to buy and sell the stablecoin.
• Enhanced Price Stability: By maintaining optimal liquidity, ACryptoS helps to stabilize XSGD’s price, reducing the impact of market fluctuations.
• Security and Transparency: ACryptoS’s proven security record and transparent operations instill confidence in users, ensuring that their funds are safe and secure.

Conclusion

The collaboration between ACryptoS and StraitsX marks a significant milestone in the development of the XSGD ecosystem. By leveraging ACryptoS’s expertise in liquidity management and StraitsX’s strong institutional backing, XSGD is poised to become a leading stablecoin in the region.

As the demand for stablecoins continues to grow, this partnership offers a compelling solution for investors seeking stability, diversification, and sustainable yields.

ACryptoS and StraitsX: A Powerful Partnership for XSGD Liquidity was originally published in ACryptoS on Medium, where people are continuing the conversation by highlighting and responding to this story.

We’re excited to announce that ACryptoS — with our latest Automated Concentrated Liquidity Manager (ACLM) vaults — have integrated Chainlink Automation and Chainlink Price Feeds on Arbitrum, BNB Chain, Optimism, and Polygon. We are leveraging Chainlink Automation and Price Feeds to securely and cost-efficiently automate our Uniswap V3 strategies, helping to rebalance the ranges and positions of our vaults behind the scenes. As of now, we’re actively managing more than $2M in TVL via our ACLM vaults.

We decided to decentralize ACryptoS’ ACLM rebalancing function using Chainlink Automation and Price Feeds because they are operated by the same pool of time-tested, provably reliable node operators that currently help secure tens of billions of dollars in DeFi, even during record levels of network congestion and extreme volatility. The proven infrastructure of Chainlink helps ensure that every ACLM vault rebalancing is executed on-time in a trust-minimized manner, giving users additional guarantees that it will function exactly as intended.

ACryptoS’ ACLM aims to achieve the highest, most sustainable yields possible when managing liquidity and risks. Our innovative platform features:

• Aggressive strategies and tight ranges: Achieving a much higher APY than other liquidity managers.
• The ability to zap in with just one token: This makes it easy for users to get started with ACLM without having to calculate ratios and provide two different tokens.
• Fully automated vaults: Once you have deposited, there is no further action required.

By using Chainlink Automation, ACryptoS’ ACLM is able to automate the whole process of rebalancing the Liquidity Manager vaults. No manual rebalancing is required from users.

Chainlink Automation is a decentralized service purpose-built to manage tasks on behalf of smart contracts. Chainlink Automation serves as a decentralized, hyper-reliable, and economically incentivized automation bot that wakes up smart contracts when they need to perform critical onchain functions, which usually take place at regular time intervals (e.g., every day at the same time) or based on external events (e.g., when an asset hits a specific price).

Some of the notable features of Chainlink Automation include:

• Highly reliable, performant, and decentralized automation — Chainlink Automation ensures transactions are identified and confirmed quickly even during periods of heavy network congestion by leveraging Chainlink’s battle-tested transaction manager.
• Time-tested infrastructure that helps save costs — Chainlink Automation enables us to eliminate in-house automation infrastructure costs, reduce resources spent on DevOps, and increase speed and efficiency.
• Built to enable faster scaling — Chainlink Automation enables us to scale faster and avoid the challenges that come with building and maintaining the infrastructure needed to reliably automate across multiple chains.
• Unlocks new use cases — With smart contract automation, we’re able to explore new use cases and unlock capabilities that would otherwise not have been possible.

High-quality, tamper-proof market data from Chainlink Price Feeds helps ensure that our ACLM vaults are able to adjust liquidity positions and ranges based on price fluctuations. This helps provide our users with stronger assurances that the ACLM vaults are constantly ensuring the best yields are achieved.

“We’re excited to integrate the industry-standard Chainlink Automation and Price Feeds to help power our ACLM strategies. Security is paramount for ACryptoS, which is why leveraging Chainlink’s highly secure, reliable, and decentralized Web3 services is a must for our protocol.”

— BKT, BizDev at ACryptoS

Stronger together. More to come.

About Chainlink

Chainlink is the industry-standard Web3 services platform. It has enabled trillions of dollars in transaction volume across DeFi, on-chain finance, gaming, NFTs, and other major industries. As the leading decentralized oracle network, Chainlink empowers developers to build feature-rich Web3 applications with seamless access to real-world data, off-chain computation, and cross-chain interoperability across any blockchain, providing global enterprises with a universal gateway to all blockchains.

Learn more about Chainlink by visiting chain.link or reading the developer documentation at docs.chain.link. To discuss an integration, reach out to an expert.

About ACryptoS

1️⃣ Automated Conc. Liquidity Management (ACLM)
2️⃣ No IL Single-Token vaults.

Using effective code + advanced strategies, we achieve efficient liquidity for DeFi protocols, and bring sustainable APY to users.

Learn more about ACryptoS by visiting www.acryptos.com or reading our documentation at docs.acryptos.com

Main community chat at t.me/acryptos

ACryptoS Integrates Chainlink Automation and Price Feeds to Help Power Concentrated Liquidity… was originally published in ACryptoS on Medium, where people are continuing the conversation by highlighting and responding to this story.

Or maybe Uniswap V3 with its multiple fee choices for pools of the same tokens, the price range selections etc. is just a tad too complicated to grasp.

Or maybe.. whatever was written above doesn’t even ring a bell.

Here you go. A 4-pointer dummies guide to Uniswap V3

Let’s say that you are a liquidity provider and you want to provide liquidity for the ETH/USDC pair. You could simply deposit your ETH and USDC into a standard liquidity pool. However, with Uniswap V3, you can choose to concentrate your liquidity within a predefined price range.

1. You have to set the price range of the pool you want to provide liquidity for, eg. setting $1500-$1700 when ETH-USDC price is at $1600
2. Whenever the price of ETH trades between the set range, you’ll earn swap fees
3. However, if the price moves out of range, you’ll earn 0 fees.
   - so assuming that you’re not monitoring for a few days, and it moves out of range, you’re basically not earning anything in that period
4. What’s worse, the Impermanent Loss will be larger the further your liquidity provided goes out of range

With so much to worry and monitor, why provide liquidity to Uniswap V3 then, you ask?

Well, you can gain a much more higher APY if you set your ranges really tight, just around where the price is currently trading at, ie concentrating liquidity. Though of course, that also increases the risks mentioned above, with a higher chance of going out of range, higher IL etc.

Concentrated Liquidity Management.. Automated.

That’s what our latest product is trying to solve. ACLM.

Automated Concentrated Liquidity Management
Aggressive Concentrated Liquidity Manager
ACryptoS Concentrated Liquidity Manager
Aggressive Chad Liquidity Manager (someone else said that, not us😉)

A new liquidity management system, uniquely developed at ACryptoS, built on top of Uniswap V3 (& some other forks eg. Pancakeswap V3, Biswap V3).

Benefits:

1. fully automated. Once you’ve deposited, no further actions needed.
2. zap in via any one token in the liquidity pool
3. APY is sustainable (from swap fees)

ACryptoS — BUIDLing Advanced Strategies since 2020

There are of course, some other Liquidity Managers out there. Statistics and historical performance show that our ACLM has been performing quite well in comparison.

ACryptoS’ ACLM uses a variety of innovative strategies to manage liquidity and risks, targeting to achieve the highest, yet sustainable yields possible.

• Chainlink Automation: to automate the whole process of rebalancing the Liquidity Manager vaults. No manual rebalancing required from users.
• Aggressive strategies and tight ranges: achieving a much higher APY than other liquidity managers.
• Zap in with just one token: This makes it easy for users to get started with ACLM without having to calculate ratios and providing two different tokens.
• Fully automated vaults: The vaults are all fully automated. Once you have deposited, there is no further action required.

Do take note though that we are still experimenting heavily, testing out different strategies and parameters, and developing new strategies and features as well. (Hence the “TEST” label on our ACLM vaults. DYOR)

The below graph being one of the features we developed, to help Uniswap V3 users easily visualize where the liquidity is currently spread out at.
- grey bars show where all the liquidity is at
- red line shows the current trading price
- blue bar shows the active liquidity our ACLM is currently hosting

Check out the ACLM yields yourself at https://app.acryptos.com/aclm/.
Sustainable APY from swap fees.

Further Reading:

Some quick tweet threads on how we developed these strategies over time

• Adventures in Aggressive Conc. Liquidity Management
• Data Visualization on Uniswap V3 CL Vaults
• High APY on Biswap stablecoin pairs
• Chainlink Automation
• 6k%+ on MATIC-USDC pair?

Detailed docs on how our ACLM strategies work, and the risks involved:
https://docs.acryptos.com/products/uniswap-v3-vaults

For partner protocols:

Reach out to us for a collab. We can build an ACLM vault for your LP, bringing to it much deeper liquidity, and hence much better swap rates for your token.

Sustainable APYs via Uniswap V3 was originally published in ACryptoS on Medium, where people are continuing the conversation by highlighting and responding to this story.

We are thrilled to announce that ACryptoS has been approved by the Astar community to join Astar’s Builder’s Program on 3 Jan 2023! To boost our development efforts in the Astar ecosystem we have been whitelisted into Astar’s dApp staking program.

What is Astar Network?

Astar Network is the TVL Smart Contract Hub for WASM + EVM on Polkadot.

Since winning its Parachain auction in January 2022, Astar Network has become the top Parachain in the Polkadot ecosystem in Total Value Locked and most Ethereum assets transferred over. Astar Network is the leading smart contract hub that connects the Polkadot ecosystem to Ethereum, Cosmos, and all major layer 1 blockchains. Astar Network supports dApps using multiple virtual machines — namely WASM and EVM — and offers the best technology solutions and financial incentives via its #Build2Earn and Astar Incubation Program for Web3 developers to build on top of a secure, scalable, and interoperable blockchain.

What is dApp staking?

For great dApps to be built, developers need to build them. For developers to build great dApps, they need financial incentives. That’s where dApp staking comes in.

On the Astar/Shiden Network, dApp staking is how developers who build dApps can get compensated. By having an income, developers can keep building and improving their dApps.

At its core, dApp staking is similar to staking on validators. The difference is that dApp stakers — also known as nominators — can nominate their Astar tokens on dApps they want to support.

At every block, a portion of the rewards goes to dApp staking. This reward is then divided between operators (developers) and nominators. Overall, this creates a powerful incentive for developers to build dApps on Astar and for nominators to support developers via dApp staking.

When building on other blockchains, dApp developers need to apply for grant programs, issue tokens and fundraise to earn money. Not only that, they often need to pay steep gas fees.

On Astar, as long as a dApp has been nominated, developers can receive a basic income. As a dApp grows in popularity, more members of the community nominate the dApp, and this, in turn, enables the developers who built the dApp to receive a greater percentage of the block reward.

We need our community

The amount we receive with the #Build2Earn protocol depends on the number of nominators on the dApp store page (https://portal.astar.network/#/store/discover-dapps). The more nominators we have, the more rewards we will receive to support our development efforts. At the same time, you will receive up to 10% staking rewards by staking ASTR in our dApp.

Our you already using dApp staking and want to support our project as well? Astar released the nomination transfer. Nomination Transfer allows stakers to move the entirety or portions of their nominations to other projects while skipping the unbonding period. This way, stakers don’t have to sacrifice staking rewards in the unbonding period to support a project you are interested in. Read more here: https://docs.astar.network/dapp-staking/for-stakers/nomination-transfer.

How to use dApp staking

Step 1: Buy ASTR Tokens

Get your hands on some Astar tokens $ASTR. You can buy them on Binance, BKEX, and OKX. The full list of markets can be found here: https://www.coingecko.com/en/coins/astar

Step 2: Create a Substrate-based Wallet

To learn how to create a Substrate-based wallet please click the link below: https://polkadot.js.org/extension/

Step 3: Go to Astar Portal and Connect Your Wallet

When you have the ASTR tokens go to the portal: https://portal.astar.network/ and connect your wallet to Astar Network. Then, click on ‘Store’ and look for our project: ACryptoS.

Step 4: Add Your Staking Amount

You can click on our project to know more about the smart contract we used for dApp staking. To add your staking amount, just click on ‘Stake’ in the box and sign with your wallet on Polkadot.js extension.

Step 5: Add, Unstake, or Claim

Once you have staked your tokens you can do three things: add, unstake, or claim.

1. Add: to stake more, you can add more ASTR in dApp staking.
2. Unstake: to unstake, you can claim your ASTR back.
3. Claim: (top of page): claim your rewards from all dApps you staked on. Every ERA you can claim for your rewards, but we recommend doing this once every week.

Summary

DApp staking is a unique differentiator that only Astar and Shiden have in the Polkadot ecosystem. As developers we have chosen to build on Astar because this gives us the opportunity to earn tokens while building out our product. The beauty of this token economics model is that the more dApps are created, the more tokens will be staked. The more tokens are staked, the fewer tokens there are in circulation. Then, there is positive feedback loop on the valuation which in turn provides more value to developers and to stakers. This network effect is very important for the ecosystem and we are very happy to be part of this #Build2Earn protocol. Happy staking!

ACryptoS joins Astar’s #Build2Earn Program! was originally published in ACryptoS on Medium, where people are continuing the conversation by highlighting and responding to this story.

DeFiChain ($DFI) is an established blockchain platform, built with the mission of maximizing the full potential of DeFi within the Bitcoin ($BTC) ecosystem.

DeFiChain’s initial functions and products include: lending, token wrapping, pricing oracles, exchanges, asset tokenization, distribution of dividends, etc.

The project is built on Bitcoin as a software fork and is tied to the Bitcoin blockchain using a Merkle root every few blocks. DeFiChain transactions are non-Turing complete, which makes them fast and smooth, with low gas costs and a reduced risk of smart contract errors.

DeFiChain was launched in the fall of 2019. With their BSC bridge just recently deployed, they’ve opted to partner with ACryptoS to launch their first farming pool on BSC #BNBChain. Read on to understand more about the dual token farm on our DEX, Acsi.Finance!

Farm launched on 4th May ’22 0900 UTC!

Farm Launch I : Dual Token Farming $DFI + $ACSI

Acsi Finance will be launching a new DFI-BNB Liquidity Pool (LP). Read more here on the many unique points that our Next-Gen AMM offers.

$70,000 DFI+ $40,000 ACSI is allocated for the farm, and they will be distributed over a period of 90 days and 150 days respectively. Be the first in, and enjoy the $80,000 yield farming rewards!

Bonus: DeFiChain has also provided $10,000 of $DFI to be distributed to our ACS-ACSI-BNB-BUSD Onsen Pool. A2B2 Pool LP providers will now receive $DFI as well for 90 days. No action required.

(Update) Farm Launch II : Dual Token Farming $DFI + $ACSI:

With the success of the first DFI-BNB farm, DeFiChain has gone through a governance vote to extend the farming rewards with us.

Launch date: 3 Oct ’22
Rewards only in DFI-BNB farm.

Reference tweet: https://twitter.com/acryptosdao/status/1575906384717103104

How to farm the Rewards?

Two simple steps:

1. Provide liquidity in the DFI-BNB Liquidity Pool on ACryptoS V2 app
   (50% DFI| 50% BNB)

If you run into performance issues, you may use the Legacy site and form liquidity here to stake them in the farm here.

Users can deposit the 2 tokens in the listed proportions above, or they can deposit 1 single token (eg: DFI or BNB) and our DEX (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 DFI-BNB LP, users will receive proof-of-stake tokens, and they will be able to stake those tokens in the DFI-BNB farm.
— That’s where you’ll earn those awesome Double Rewards (DFI + ACSI)!

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 DFI-BNB pool. 😉

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

Getting a 2.5X Boost on Farm APY

With our $ACSI Boost mechanics, you’ll be able to increase your APY by up to 2.5X!

• stake $ACSI in the Core governance vault here (V2 site) or here (legacy site). The more you stake in $ACSI vault, the higher you can boost your farms.
• get boosted APY from 1X > 2.5X on your DFI-BNB farm
  eg. current non-boosted APY 74%
  Max Boosted APY 287%

Find out more about how our Boost works here:
https://docs.acryptos.com/acryptos-farms

Full Guide — Dual Token Farming

Taking part in this new LP is a simple process:

Make sure your wallet has DFI (50%), BNB (50%) 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-v2.acryptos.com
2. Deposit funds into the DFI-BNB LP

• Select DFI-BNB and select “Pair/Unpair DFI-BNB LP”
• 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 DFI-BNB LP.
Hint: make smaller deposits at one time if 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 “All Tokens” to receive 2 types of equivalent currencies;
Click the different tokens to choose one of the 2 single currencies to withdraw.

3. Stake the LP to start farming

• Click “Stake”
• Click “Max” and confirm

You will start earning $DFI + $ACSI 🔥 Simple!

Quick Guide — Swapping $DFI on Acsi.Finance

Once there is sufficient liquidity in the new LP, you will be able to swap DFI on by navigating with the left side bar/menu. “Swap” -> “ACSI Finance”. You will be able to swap any cryptocurrency listed on Acsi.Finance for DFI tokens with the best swap fees and maximum returns.

1. Click “ACSI Finance” on app-v2.acryptos.com
2. Choose the currency and quantity you want to exchange
3. Click “Preview trade” — “Confirm trade”

Buying and Bridging $DFI over to BNB Chain

Here are the official docs on how-to:
1. Buy $DFI on a supported CEX (Centralized Exchange)
or cakedefi.com gateway
https://blog.defichain.com/where-and-how-to-buy-dfi-defichain/

2. Send $DFI over to your DeFiChain wallet
https://defichain.com/learn/defi-app-how-to

3. Bridge $DFI from DeFiChain over to BNB Chain
http://defichain-bridge.com/#/welcome

That’s it!😉

About DeFiChain

A blockchain dedicated to fast, intelligent and transparent decentralized financial services, accessible by everyone. Visit https://defichain.com/ to find out more.

Twitter: https://twitter.com/defichain
Reddit: https://www.reddit.com/r/defiblockchain/
Telegram: https://t.me/defiblockchain

Partners: DeFiChain x ACryptoS was originally published in ACryptoS on Medium, where people are continuing the conversation by highlighting and responding to this story.

We’ve just re-opened minting for our ACryptoS NFTs, and it’s opening on a big bang — with Binance Gift Card campaign!

ACryptoS NFT Mint — promo with 12% bonus in stored $ACS / $ACSI value🔥

Binance Gift Card offers users a way to send out crypto tokens to their friends easily, now with many unique creative covers to choose from!

Listed on the front page of Binance Gift Card, this unique campaign will be giving users a special mint promo, where they can stake 100% of their token value into the NFTs. No 12% mint fee charged. (valid till 6 May 2022 only)

Wow! How?

⚔️ Like + RT this Tweet
⚔️ Create a Binance Gift Card with minimum 50 BUSD in value
⚔️ Send the gift card to ACryptoS Treasury (scroll down for instructions), and receive an ACS or ACSI NFT (your choice) with no mint fees charged!

Quick link for Form submission to mint NFT:
https://forms.gle/5RrZPC76KZfxUAVS7

Why ACryptoS NFT ?

Stored $ACS or $ACSI in your NFT has these utilities:
- earn ACS or ACSI Vault APY (depending if you select ACS or ACSI NFT)
- Governance Voting weight
- Farm APY boosts up to 2.5X 🔥
- partner Airdrop bonuses
- GameFi bonuses

Full details here.

Mint UI 🔗 https://app-v2.acryptos.com/#/BSC/stake_mint
*you do not need to mint from this link when using Binance Gift Card promo.
The NFT will be sent to your BSC (BEP-20) address after the Campaign Deadline.

With Rank 3 Shogun and Rank 2 Daimyo fully minted, no matter the amount used to mint an ACryptoS NFT, it will only be a Rank 1 Samurai.

How to mint ACryptoS NFT — with Binance Gift Card

(on Binance mobile app)

1️⃣ Log in to your Binance App and tap [Wallets] — [Transfer] to transfer crypto from your Spot Wallet to your Funding Wallet
2️⃣ Go to the homepage and tap [Profile] — [Gift Card]
3️⃣ Tap [Send]

4️⃣ Select $BUSD and enter minimum $50. Select one of the ACryptoS NFT gift cards as a customized design. Tap [Create] to continue.
*you may input more than $50, if you prefer to stake more into the NFT

5️⃣ Send your Gift Card to ACryptoS Treasury to mint an NFT

- Tap [Send] — [Send via email]
- Enter hello@acryptos.com
- Enter your Name (Telegram or Twitter @ ID)
- Tap [Send]✅

6️⃣ Submit your details in this form:
https://forms.gle/5RrZPC76KZfxUAVS7

—

(on desktop Binance website)

1️⃣ Log in to www.binance.com/en/my/wallet/funding
- Select $BUSD -> additional options
- click [Transfer] to transfer crypto from your Spot Wallet to your Funding Wallet

2️⃣ Go to www.binance.com/en/gift-card/create-card
3️⃣ Select $BUSD and enter minimum $50.
- Select one of the ACryptoS NFT gift cards as a customized design.
- Tap [Create] to continue.
*you may input more than $50, if you prefer to stake more into the NFT

4️⃣ Send your Gift Card to ACryptoS Treasury to mint an NFT
- Go to https://www.binance.com/en/gift-card/mycards, select [List View]
- Select the created gift card from your card list
- [Operations] — [Copy Card Code], and submit in the form below✅
*DO NOT SUBMIT THE 16-DIGIT “CARD NUMBER” (IT CANNOT BE REDEEMED)

5️⃣ Submit your details in this form:
https://forms.gle/5RrZPC76KZfxUAVS7

—

You can also refer to this Official Step-by-step 📄 guide from Binance.

Terms & Conditions:
🟡only the lowest Rank 1 NFT is available for mint. Rank 2 and Rank 3 NFTs are all fully minted.
🟡ACryptoS will not be responsible for any loss of funds if the Gift Card received is unable to be redeemed by our Treasury
🟡NFTs minted will be randomized between our 3 Samurai characters: Akira, Cori, Satoshi.
🟡each Binance Gift Card will be used to mint 1x NFT only. Users need to create separate Gift Cards, and submit separate forms to mint multiple NFTs
🟡Gift Cards with less than 50 BUSD in value, will not be allocated an NFT, and the value will not be refunded

— -

Campaign Deadline:
6 May 2022 2359 UTC +0

Get your ACryptoS NFT now, while the Binance campaign lasts!

Binance — ACryptoS NFT Gift Card was originally published in ACryptoS on Medium, where people are continuing the conversation by highlighting and responding to this story.

Commodity swaps were introduced in the mid-1970s to allow producers and consumers to hedge price risks in certain markets, with a contract between two parties that targets to set the price of a certain commodity.

MetalSwap aims to be a strategic key feature in the DeFi AMM space, decentralizing Financial Swaps on both crypto pairs and metal synthetic assets.

Through a set of smart contracts, MetalSwap makes it possible to execute the above without the need for intermediaries, at reduced costs and without time restrictions.

Having initially launched on ETH, they’ve opted to partner with ACryptoS to launch their first farming pool on BSC #BNBChain. Read on to understand more about the dual token farm on our DEX, Acsi.Finance!

Dual Token Farming: $80,000 XMT + ACSI!

Acsi Finance will be launching a new XMT-BNB Liquidity Pool (LP). Read more here on the many unique points that our Next-Gen AMM offers.

$50,000 XMT+ $30,000 ACSI is allocated for the farm, and they will be distributed over a period of 90 days. Be the first in, and enjoy the $80,000 yield farming rewards!

Bonus: MetalSwap has also provided $30,000 of $XMT to be distributed to our ACS-ACSI-BNB-BUSD Onsen Pool. A2B2 Pool LP providers will now receive $XMT as well for 90 days. No action required.

One of the perks for investing in our Onsen pool. Farm multiple tokens at the same time and learn about partner protocols.
*Currently farming $ACSI + $ONT + $XMT

How to farm the $80,000 Rewards?

Two simple steps:

1. Provide liquidity in the XMT-BNB Liquidity Pool (50% XMT | 50%BNB)

Users can deposit the 2 tokens in the listed proportions above, or they can deposit 1 single token (eg: XMT or BNB) 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 XMT-BNB LP, users will receive proof-of-stake tokens, and they will be able to stake those tokens in the XMT-BNB farm on ACryptoS.com — That’s where you’ll earn those awesome Double Rewards (XMT + ACSI)!

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 XMT-BNB pool. 😉

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

Full Guide — Dual Token Farming

Taking part in this new LP is a simple process:

Make sure your wallet has XMT (50%), BNB (50%) 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

• Select XMT-BNB
• 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 XMT-BNB LP.
Hint: make smaller deposits at one time if 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 2 types of equivalent currencies;
Click “Single token” to choose one of the 2 single currencies to withdraw.

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

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

You will start earning $XMT+ $ACSI 🔥

Quick Guide — Swapping $XMT on Acsi.Finance

Once there is sufficient liquidity in the new LP, you will be able to swap XMT on Acsi.Finance by navigating to the Trade interface. You will be able to swap any cryptocurrency listed on Acsi.Finance for XMT 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 MetalSwap

MetalSwap is a decentralized platform that allows hedging swaps on financial markets with the aim of providing a coverage to those who work with commodities and an investment opportunity for those who contribute to increase the shared liquidity of the project. Visit https://metalswap.finance/ to find out more.

Twitter: https://twitter.com/MetalSwapNet
Telegram: https://t.me/metalswap

Partners: MetalSwap x ACryptoS was originally published in ACryptoS on Medium, where people are continuing the conversation by highlighting and responding to this story.

On 11 Jan, 1PM UTC, we had a great AMA with ACryptoS users on their Telegram group with 2 of our key founders, Charlie Lim and Clarence Yap. Check out the transcript below and hear their insights on why they started The Great Wave, and how they and the team plan to bring this Artist Collective DAO forward.

Note: The transcript has been slightly edited for clarity. You can also access the direct link to the AMA on TG here.

BKT : We have Charlie Lim, acclaimed singer-songwriter/producer, and Clarence Yap, from Umami Records. Both are they key founders of the WAV platform, along with a number of other founders. Let’s give them a big 🌊!

Charlie : haha hey everyone thanks for having us

BKT : Welcome Charlie

Charlie : *bow*

Justclarence : Hi everyone!!

x.Acryptos : *wave*

BKT : Welcome Clarence 👋🏼🌊, wanna give us a quick intro of yourselves?

Charlie : Sure :) hey guys I’m Charlie, am a singer-songwriter/producer currently based in singapore

been doing music for about 14 years now, was signed to universal music from 2016–2020 and am independent again :) couple of #1 records on the iTunes charts here in SG, over 50 million streams on digital platforms blah blah…urgh don’t really like shilling

Here are some links to my music 🙃https://open.spotify.com/artist/3FodFdWfVWIiER6Cv6YVVQ?si=cl2cSQqnS4myT1LlWrwh4g
https://youtube.com/wherewascharlie
https://instagram.com/wherewascharlie
https://twitter.com/wherewascharlie

Justclarence : Hi everyone, I’ve been in the music industry for 15 years…have produced music festivals and concerts for arts centres, managed bands, labels…and basically trying to help artists realise their artistic vision.

Charlie : But yes! have been in the music space for a long time, seeing how it’s evolved over the past decade

BKT : Awesome to hear that. As per why this is all about music, let’s let our users know what The Great Wave is all about. I’m sure many users here only know that we launched this token via ACryptoS, but do not fully understand it.

Can you let us know briefly, what is The Great Wave?

Charlie : I haven’t been in crypto as long (probably around 2016/2017 which was when i first started reading about eth), but have been fascinated by and watching the space closely for some time now, just taking notes and trying to get my head around it — and seeing how best we can use it as a tool to empower artists and their fans

I’ve been fascinated by the mechanisms of DAOs and smart contracts, and how defi basically allows the democratisation of investment — and thought applying that to an artist collective (The Great Wave) would be pretty cool!

along came @acryptosx and here we are 😊

BKT : Maybe we’ll get @acryptosx to drop in some thoughts in a bit as well

Charlie : We’ve been working really hard ironing out the kinks together with @Toortheroot over the past few months, while getting artists and producers on board — everyone’s really excited about the potential of something like this, building an ecosystem that’s sustainable but also nimble and adaptable

Justclarence : And so that’s how The Great Wave came about… basically an artist collective DAO. We wanted to utilise the blockchain/Web 3.0, to build an ecosystem around artists, their fans and supporters, bringing music and tech together.

Charlie : We’ve got a strong founding team of forward-thinking pioneers from both the creative arts/media and tech/crypto industries, some of whom you here are familiar with already, alongside award winning artists/producers to kick things off

BKT : That’s great to know that we’re in good hands. And we can see from The Great Wave docs and website that a few of the founding members are from ACryptoS as well 💪🏼

Charlie : Yup, i really admire the work that the ACS devs have done and the trust/reputation that they’ve built with the community

BKT : So in this music industry, what do you see that The Great Wave can help with? What problems do both of you see so far, being in the industry for more than 14 over years?

Justclarence : There are actually very few gatekeepers who determine what kind of music audiences should listen to. And artists really are having to churn out works that these decision makers determine to be “right” for audiences.

Charlie : As an artist, one of the pain points of being in these centralised systems is the lack of support you actually get — whether financial, marketing, production etc

and as an artist, you’re perpetually owing the label something — an advance for a record, which might not even be released (have had so many friends in major label deals and got screwed over)

(user) mconstant : @ClayMusic waiting for something newer/better than Audius or for Audius to just become better. but an artist DAO might include a stable of visual artists and video artists

Charlie : Exactly :) so as a collective, you own and have a stake in it, instead of a label or a management owning you

Justclarence : That’s exactly right! it’s not intended to be a music artist collective…that’s why we’ve named it an artist collective…not a musician’s collective

mconstant : And they could be incentivized to collaborate with artists to make music videos, microsites, album art, merch and I suppose.. to be complete… incentives for mastering and mixing / post processing / production etc

Charlie : Yup, and community is such an important part of creation

mconstant : I’ve wanted for a long time a place to get paid in crypto for beats and produced works including sound design, there should be a dao that facilitates selling stems as NFT packs

and encourages collaborative work between vocal artists, instrumentalists, scorers, producers, etc

Charlie : Definitely — all this is what we already have in mind, and as a DAO we can adapt accordingly to what spaces we can fit in when it comes to music/arts in this new creator/investor economy, where everyone can have a stake in the artist’s work

The first few steps will be important of course, branding it well as a collective and having a solid artist lineup that already has some following to create a good proof of concept — which in itself is going to be a statement

We have a marketing team and designers coming on board, and aiming for a good push to the public

mconstant : Charlie your tunes will be on rotation today for me while I fiat mine :D

Charlie : Haha aw cheers man 🙈

BKT : Glad to hear that the DAO has methods to solve this, and give back the ownership of their creations to the artists.

Could we let our users know more on how the DAO functions, and how this would help enable the various aspects of the artists & music industry?

Charlie : For artists and investors alike — we’re essentially harnessing compounding networking effects of collaboration, efficient cryptocurrency models directly monetizing connection to engaged audiences, and the delayering of inefficient middleman/centralised organisational costs

An example would be like for our first wave, where the DAO will commission artists to start work. developers/designers/visual artists will work on gamifying/add more utility/value to the assets as collectibles, whether analogue or digital. the profits are then shared with the treasury and the artists

Justclarence : One thing we are also focusing on, is to make it accessible to musicians and fans, who might be non crypto native

We think we can do a lot more to strengthen the links between audiences and artists, create more engagement…The platform connects funding investors to the artists, and fans too can support their favourite artists and their work in $WAV.

Charlie : [In reply to Justclarence]

The appeal of a collective allows us to build strength in numbers, and have more influence over the various industries/networks we are in. collaboration and community breeds more quality work, brings in more supporters, more revenue generated, more funding for new projects…that’s the cycle we’ve already started to work towards :)

BKT : Nice to know that artists can all share a part in the DAO. How about the investors, be they from crypto or non-crypto, What is in it for them to invest in $WAV?

Charlie : you basically have a stake as a first mover in the changing landscape of where the music and art industry is heading towards — the DAO has a share in the music/art created, and staked WAV token holders form the DAO, hence getting a share in any upside of released works/assets/ticketed events

Justclarence : Well for starters we’re looking for new ways to create opportunities for monetisation of artist content. we’re lookng to be able to do things that havent been done before.

BKT : Cool. So one thing that it always concerning for crypto investors is on the sustainability of the project. No one likes distribution of tokens with value printed from thin air. How is The Great Wave sustainable, and where do the revenue for the investors and token value come from?

Justclarence : You can actually see our model here
https://www.thegreatwave.io/artists/#gallery

HM — unrekt.net :

Charlie : [In reply to HM — unrekt.net]

1. The DAO approves and funds artists and their projects, with a budget to produce creative work and music/art.

2. The music gets distributed via delivery medium and channels such as Spotify, YouTube, radio, and other streaming services.

3. Further revenue is generated from Live ticketed events, brand sponsorships, merchandise, advertising copyrights usage, etc.

4. Additional revenue in the crypto market from sale of limited edition artists’ NFTs, special entry access for NFT holders etc.

5. Revenue gets shared between the artists and the DAO, rewarding the $WAV holders in the governance vault

BKT : Nice. And how about the tokenomics of the DAO? How do they work?

Charlie : $WAV is our Native Token

TGW is our Governance Vault (receipt token when vaulted)

You basically can earn platform profits and take part in Governance, by staking in this vault

Investing in this Vault requires you to first form the WVP LP,

WVP (WAV Pool) LP is our Core LP, consisting of WAV-ACS-BNB in 6:2:2 ratio. It is a Balancer V2 LP, on the Acsi.Finance DEX.

The locked TGW governs the DAO, and also earns DAO revenue and emissions, which will be automatically compounded in the Vault

You may choose to buy $WAV to invest, or you can farm $WAV as well

There are 3 farms available where you can farm $WAV currently:
1. ACS-ACS-BNB-BUSD (A2B2)
2. WAV-ACS-BNB
3. WAV-BNB

BKT : Yields are pretty awesome in all three of these farms now in fact 🔥There is a WAV app site up if i’m not wrong, lemme send the link here
app.thegreatwave.io

Charlie : Yup, and i guess due to the nature of this partnership with @acryptosx you guys are amongst the first to know about this project 🙂

BKT : Haha super early I’d say. Hope that after this AMA, everyone gets to understand much more, and not miss out on this gem 😉

@ClayMusic anything you’d like to add on from your side?

BKT : Current Max APY for reference 🤑

Justclarence : Only to say that we’re talking to several artists, and many are excited and aware of the possibilities that crypto/web3 brings …but most are not crypto native, so while we are excited to be growing the ecosystem, we are constantly thinking of how to make all this easy to understand and participate for more people. We’re really excited!

BKT : 👍🏻 Alright, any questions from the group? While we’ve Charlie and Clarence here with us!

We’ll have info about how your can stake in the WAV farm and win awesome rewards coming up 💰

The (not) Rekt (again) : Is there any requirement for artist to join? example minimum already have music, already have audience etc

Charlie : Well as mentioned earlier, our first projects and lineup are going to be important to make a statement and also as proof of concept. We have been working on getting this first wave of artist projects together, and while the founding team has a key curatorial and producing role in the first projects, we are leaving room as the community grows, to allow for different ways to widen the curatorial input, while balancing the bar for artistic/musical quality.

RationalPrespective : What’s your main difference with Audius?

Charlie : Audius is a web3 streaming platform

we are an artist collective, and we can position ourselves to partner up with platforms like audius or opulous, but still maintain good relationships with the platforms that we currently use like spotify, youtube etc :)

basically we don’t have to change the world when it’s already changing so fast

let’s position ourselves to adapt to it and use the tools available to make the best art that we can that will generate interest in our project and make a difference in both the crypto space and the real world

Justclarence : We are not trying to be an audius, and are not a streaming platform. In that way we are not limited as we find the best way to help each artist monetise their creative works, with a combination of “traditional” platforms, but also utilising new streams of income afforded by web3

J. Marin : In your roadmap is it foreseen that artists can mint or buy/sell NFTs in Marketplace?

Charlie : We are definitely looking into it, but we also want to be considerate and focused in our approach to NFTs — it’s obviously a very saturated market now and we want to be able to provide real world value in whatever we put out

J. Marin : So Apart from what you say in the AMA, do you have other words to tell us about great opportunities and mutual benefits that the Acryptos / TheGreatWave partnership can offer us in terms of NFTs?

Charlie : As mentioned, by virtue of this collaboration you guys know of this before we start rolling it out to the public

we’ll be rolling out more benefits/partnership announcements soon 😉

J. Marin : Thanks for the great answers!😉

Charlie : [In reply to mconstant]

Just to answer this earlier! it’s on the docs page as well. our team also comprises design studios, marketing agencies and music media, alongside an award-winning artist/producer lineup (to be announced soon)

BKT : Definitely lots of exciting stuff lined up. Drop in The Great Wave TG at @thegreatwavedao, and say 🌊

Sites
Telegram: t.me/thegreatwavedao
Project Page: www.thegreatwave.io/
App Page: app.thegreatwave.io
Docs: https://docs.thegreatwave.io/
Twitter: https://twitter.com/thegreatwaveio
Medium: https://medium.com/thegreatwave

Invest in $WAV here.

And we mentioned that there’ll be a giveaway happening on Twitter, with prizes up to $300 🤑 Here’s the details

- Giveaway -
1. Stake any amount in the WAV-ACS-BNB farm (https://app.thegreatwave.io) *no deposit or withdrawal fees

2. Quote Tweet https://twitter.com/acryptosdao/status/1477318167126962176 with a screenshot of your staked funds

3. Tag 3 friends & @thegreatwaveio $WAV #TheGreatWave

4. 6 x $50 to be won. Winners chosen in a week’s time!

BKT : Thanks a lot everyone who joined in the AMA today!

And definitely a big thanks to @wherewascharlie and @ClayMusic for spending their time explaining in detail about The Great Wave. 🙏🏼

J. Marin : Thanks for the AMA. good information….🤝

Justclarence : Thank you 🙏 and really appreciate your taking the time to chat with us.

Charlie : 👋🌊 thanks everyone! stay safe and keep in touch

[Transcript ] AMA with Charlie & Clarence was originally published in TheGreatWave on Medium, where people are continuing the conversation by highlighting and responding to this story.

​​The music industry has gone through a whirlwind of change over the past few decades, be it the delivery medium of LP records to streaming subscription services, the lowering barrier of entry to music production, or the proliferation of live-streams on social platforms in a post-pandemic world.

One aspect of it has remained relatively stagnant, namely the lack of control artists have when navigating an industry that demands content to be delivered as cheaply and quickly as possible, with little to no return. Progress is often stunted, especially for independent artists, as the landscape continues to be largely dictated by major label gatekeepers and homogenized platforms.

The very same reason why traditional financial institutions tried so hard to fight against the growth of crypto.

The case for this ongoing monopoly lies within the ease and convenience that centralized systems bring to its users, but hardly benefits the vast majority of creators besides giving an illusion of vanity metrics and unactionable data.

At the same time, we are beginning to see a shift in momentum over the past few years, not just in the music industry, as artists have started taking cues from decentralized networks, focusing on building an economy that not only empowers the creators, but the users themselves.

.

We believe in the potential of blockchain and its ability to expand collective ownership and change the governance of digital infrastructure. We want to help position artists to ride this great wave above the rising tide — creating an ecosystem connecting Music, Art & Tech that grows sustainably, provides and promotes quality work, community, and collaboration.

This is the vision that singer-songwriter/producer Charlie Lim & x (founder of ACryptoS) partnered up to launch — an Artist Collective DAO, together with a founding team of forward-thinking pioneers and advisors from the creative arts, media and tech industries.

Enter .WAV

Uncompressed. The original file. Unfiltered by centralised gatekeepers taking control over creators.

The Big Idea — The Great Wave

Investing in $WAV is to back and be part of a collective that is artist-driven and led in a new creator economy, powered by blockchain. As an ecosystem, positioning artists, music/art lovers, developers and investors, The Great Wave aims to set a new precedent based on the following approach:

• DeFi and DAO model allows fans and investors to fund and directly support artists and get return on their investment
• Artists to be paid fairly through commission of their work for the DAO, and they choose to reinvest a proportion of the commission back into the WAV ecosystem
• Developers and designers help to create assets for artists, creating more revenue streams while tapping into new audiences and communities
• Grow and nurture The Great Wave collective as a brand and position ourselves to partner with various Web 3.0/blockchain projects and marketplaces that are building in the music, art and gaming domains

I imagine it would be more a collective than just a label or agency. The DAO is like an artist/creator of the work itself.

It will always be a collaborative effort and artists will always own a share of the rights and revenues.

— x· ACryptoS

Music — is just a start.

The above approaches are the key building blocks to incentivize community creativity and sustainability. While leadership is paramount in the early stages of any organization, the structure of the DAO will pave the way for decentralized community action to be translated into ownership and contribution while democratizing risk-sharing.

Fairness, equal opportunity. These have been missing in the music industry for decades.

— Clarence Chan, Bandwagon.Asia

The founding team comprises of veterans from the music industry, including Clarence Chan — founder of Bandwagon.Asia, leading independent music media company in Asia, and Charlie Lim, award-winning artist/producer in Singapore.

.

The larger goal aims towards becoming a multi-disciplined network, bridging artists, designers and developers to add value to the ecosystem, branching off to specific sub-labels curating various genres.

Imagine curating our own music/art festivals, exhibitions and showcases, with a community-first ecosystem powered by WAV holders.

Why DAO?

As the world continues changing at a breakneck pace, our role is to grow with it and improve on the things that we are able to work on within our means.

Creating a DAO (Decentralized Autonomous Organization) allows us to be nimble and adapt accordingly to the times (insert “be like water” Bruce Lee quote), and the appeal of a collective allows us to build strength in numbers and have more influence over the various industries we are in.

As opposed to having a typical ICO/IDO where only a small percentage of tokens are pre-allocated to the public and the rest to VCs, we took a community-first, ground-up approach that allows anyone to be an investor as soon as the token is formed, with staking mechanisms that incentivize long-term holders that believe in the project.

For Artists

1. Getting commissioned work by the DAO, with the option of reinvesting in your own collective
2. Offers flexibility and autonomy, not tied down by contracts bloated with opportunity cost
3. Association and collaborative work with other artists of the collective across different genres and disciplines
4. Exposure to new audiences and communities within the crypto space and be positioned to partner with new platforms
5. Transparent DAO mechanics via smart contracts, not relying on trusting of a middleman administrator/proxy/gatekeeper

For Investors

1. Having a stake as a first mover in the changing landscape of where the music and art industry is heading towards — the DAO has a share in the music/art created, and WAV token holders (in its governance token form TGW) form the DAO, hence getting a share in any upside of released works/assets/ticketed events
2. Reputable founder and developer team, passionate about building forward-thinking ecosystems positioned to partner up with upcoming projects in the blockchain space
3. Tokenomics that incentivize staking and long-term sustainability
4. Community-first, ground-up approach that allows anyone to be an investor as soon as the token is formed, as opposed to IDOs where only a small percentage of tokens are available to the public and the rest to VCs
5. DAO format allows transparency which no other setup can offer, with built-in automation when it comes to shares/ownership etc.

“Alone, we are tiny drops in the ocean.

Together, we are the wave.”

Where are we headed?

• Liquidity formed on Acsi.Finance WAV-ACS-BNB pool
• Soft launch of website and socials
• Announcement of line-up of music and visual artists
• First mixtape/collaborative album
• Developing artist-focused models and royalty-sharing smart contracts
• In talks with various Web 3.0 projects/NFT agencies for potential partnerships

It has to be an Artist Collective first. Crypto is not really the main point here, but crypto enables the DAO aspect, the funding, and so on. It is really an artist collective built by artists.

The Great Wave, as a collective, can be seen as an artist in its own right, bigger than its own artists even, and will be sustainable based entirely on the artists in the collective.
- x· ACryptoS

Much more is being developed.
Join the growing Discord community here.

More on the founding team

ACryptoS.com — x
Charlie Lim
unrekt.net — toortheroot
Umami Records — Clarence Yap
Bandwagon.Asia — Clarence Chan
HJGHER — justins.eth
BKT
Mik Ro
BlightNight

Social Links

Project Page: https://www.thegreatwave.io/
Discord: https://discord.gg/WqZgGvMx
Telegram: t.me/thegreatwavedao
Docs: https://docs.thegreatwave.io/
Twitter: https://twitter.com/thegreatwaveio
Medium: https://medium.com/thegreatwave

Invest in $WAV here.

Putting Power back in the hands of Creatives was originally published in TheGreatWave on Medium, where people are continuing the conversation by highlighting and responding to this story.

Interestingly enough, we already started development on exactly these 3 projects more than 6 months ago. That was before it turned into a sizzling topic now, both on and off crypto-sphere.

It’s here. We’re launching into the first chapter of our future.

Chapter I - NFT

Some may think that NFTs are just a fad, nothing more than another way to part a fool from his money. Not ours though.

The ACryptoS NFTs are designed to be part of a larger ACS Metaverse, created not just for its artistic collectability, but with utility and value in mind. Benefits range from:
- higher stats for P2E GameFi (launching 2022)
- yield farming APY boosts
- future partner token/NFT airdrops
- governance, and much more

Other than the above benefits, just like our buyback tokenomics that has made our protocol sustainable and deflationary, we’re launching our NFTs in line with our core values, with a unique minting method — “Stake to Mint”.

Stake $ACS, Mint an NFT.

Instead of “buying” an NFT, you may now stake any amount into an NFT to mint it. The $ACS is staked within the NFT, and will enjoy the same benefits as the ACS Core Vault, including earning protocol Fees and Rewards, Governance voting and Farm boosts. Read on for more details.

The Anniversary Collection

Our three samurais — Akira. Cori. Satoshi. Each of them will have unique but balanced stats in the upcoming GameFi.

The collection for our loyal Samurais and new explorers, celebrating one year of keeping our users SAFU, with many more years to come.

The 1st ACryptoS NFT Collection — be part of our history, and also be the first to own the future of ACS Metaverse.

Minting the NFT will give you 1 out of the 3 Samurais. There’s a randomized chance of 33.33% for each character, and a limited total of 1888 units.

You’ll have to compete with others to be able to mint them all!

The Ranks — Samurai, Daimyo, Shogun

Other than 3 characters, there are also 3 Samurai Ranks that can be assigned to each character NFT. The Rank of an NFT improves its utilities, giving the user additional benefits and game stats.

Higher Rank NFTs can be minted by staking a larger amount of ACS into the NFT when minting it.

A higher Rank NFT, eg. Rank 3 (Shogun) would give:

- boosted stats in the future GameFi
- higher allocation for NFT/partner airdrops
- priority sales to future limited NFT upgrades
- exclusive game items
- and potentially much more

There will be a total of 1888 units in the “Anniversary Collection — ACS”. The amount of staked ACS decides the Rank of your NFT, where the top 88 gets Rank 3, the next 800 gets Rank 2, and the last 1000 gets Rank 1.

Rank 3 — Shogun (88 units)
The top 88 units with the highest amount in staked ACS

Rank 2 — Daimyo (800 units)
The next 800 units with the highest amount in staked ACS

Rank 1 — Samurai (1000 units)
The lower 1000 units in the amount of staked ACS

You are guaranteed to get an NFT the moment you mint the NFT. Only the Rank of the NFT will be decided once all 1888 units have been minted.

There will only be 88 units of Rank 3 NFTs in this collection, making them extremely rare and valuable.

Stake to Mint

You may stake any amount into the NFT to mint it (minimum 8 ACS). The ACS has to be in your wallet and will be spent the moment you mint the NFT.

You may buy it here or farm it on our site.

A 12% mint fee goes to Treasury
- funding future NFT, GameFi and marketing developments
- may be used for buyback depending on final sales amount
(increasing $ACS value, rewarding ACS Core Vault holders)

The remaining 88% of ACS is staked within the NFT, and enjoys the same benefits as the ACS Core Vault
- autocompound based on ACS Vault APY
- vote with Governance
- boost Farms up to 2.5X

The more you stake, the more benefits and yields you’ll get!

The NFT can be burnt to release staked ACS and any earned yield to its owner. *Burn Fees of 10% (similar to Governance Vault fees) apply.

Additional Notes:

1. There will be a leaderboard showing the minted value and current Ranks of minted NFTs
2. NFTs are stackable, transferrable and sellable.
3. ACSI staking into the NFT is available as well. It will be launched after the ACS Collection completes.
   An NFT with ACSI value will get ACSI Vault APY, and ACSI-related bonuses.
4. There will be a total of
   1888 units in the “Anniversary Collection” — $ACS staking
   1888 units in the “Anniversary Collection” — $ACSI staking

The Future Chapters — GameFi | Metaverse

Character NFTs. What are they?

Our future games are in development, with one of the first scheduled for beta release mid 2022.

Users will be able to play the game by just having a DeFi wallet. However, by owning a Character NFT, you’ll be able to get game stats boosts, equip NFT upgrades, receive in-game airdrops and much more.

The Anniversary Collection is a “Character NFT” type limited collection. Character NFTs are a basic requirement for future NFT upgrades.

There are upcoming NFT collections in plan, including Equipment NFTs, Vehicle NFTs, Mecha-Suit NFTs, etc. These upgrades are limited in numbers and are highly collectable, at the same time offering in-Game power-up bonuses. All these will require a Character NFT in order to equip them.

*For example, you may purchase a Mecha-Suit NFT in the future, but to use the Mecha-Suit bonuses, you’ll require a Character NFT in your wallet.

A recap of our NFTs

• P2E GameFi stats bonuses, airdrops
• partner NFT/token airdrops
• staked value in NFT that earns APY automatically
• farming 2.5X APY boost
• governance
• owning a part of the future ACS Metaverse
• different character stats in-Game for Akira, Cori, Satoshi
• Character NFT: required for NFT upgrades
• higher Rank NFT: gets bonus stats, additional item drops + much more

Time-limited, themed NFT staking farms may be launched in the future as well. The following is an example of some ideas for potential future releases:

Devil Samurai — Reaper’s Scythe (for reference only)
Type: Equipment NFT
Requires: Character NFT in wallet
- priority sale given to “1st Anniversary Collection” NFT holders
- airdropped to all ACS Vault stakers that have never withdrawn for 365 days
- special 2-week Halloween NFT Staking farm with ACS 1X weight
Game Bonuses:
+ 5% Critical Damage chance (when equipped with Rank 1 NFT Character)
+ 15% Critical Damage chance (when equipped with Rank 2 NFT Character)
+ 25% Critical Damage chance (when equipped with Rank 3 NFT Character)

Our NFTs are a Core part of our protocol. They are essential in our upcoming GameFi, with the staked ACS in them earning fees and rewards, able to vote, and boost farms!

Wen Mint?

6 Dec 0800 UTC. Announced on our Twitter.
Don’t miss out!

Wen ACSI NFT Mint?

11 Mar 0900 UTC.

Mint UI: https://app-v2.acryptos.com/#/stake_mint

NFT | GameFi | Metaverse was originally published in ACryptoS on Medium, where people are continuing the conversation by highlighting and responding to this story.