Introduction

ACryptoS is a multi-chain Yield Farming Optimizer & DEX, with a set of unique products deployed to support DeFi users and protocols. Originally launched on BNB Chain in Nov 2020, ACryptoS is now on 11 chains, with more than 100+ vaults deployed.

Yield Farming Optimizer products range from Autocompounding Single-token Vaults, 2-token LP Vaults, to one-of-a-kind Liquid Vaults. Other products include a Balancer-V2 forked DEX, and a Stablecoin swap.

Core Values

• unique, smart, automated DeFi strategies

• SAFU, careful risk management

• sustainable APY & tokenomics

Products

($ACS) 1. Single-Token Autocompounding Vaults (Multi-Chain)

Single token vaults are one of the most unique offerings at ACryptoS. They partner with and build on lending protocols, using their smart contract strategies to automatically leverage the same token.

By borrowing and supplying the same token in a number of loops, users earn Supply and Borrow APY multiple times, up to 7.6X the initial APY. This helps users get much higher yields for their tokens, and also increases the deposits and utilizations of lending markets.

There is zero liquidation risk in their strategy, as it is using the same token for supplying and borrowing. Price movements of the token does not result in liquidations.

($ACSI) 2. ACryptoS StableSwap (Stablecoin DEX)

ACryptoS StableSwap is an automated market maker (AMM) protocol based on Curve’s specialized algorithm tailored for stable coins. ACryptoS is offering the first AMM for stable coins based on this algorithm on the Binance Smart Chain (BSC).

Trading on the Binance Smart Chain is both faster and significantly cheaper than trading on the Ethereum chain. ERC-20 Tokens can be crossed over from Ethereum to Binance Smart Chain via the Binance Bridge.

Acryptos StableSwap enables efficient stablecoin trading at best prices which is

• ~10x cheaper;

• ~100x less slippage when trading stable coins compared to the various UniSwap type AMMs available.

Liquid Wrapper veNFT Vaults

Their Liquid Wrapper Vaults are a set of vaults specially designed to work with ve(3,3) DEXs, allowing liquidity for otherwise locked native tokens, and providing Boosted yields for users. These vaults work cohesively together to form a positive flywheel.

Benefits:

• helping ve(3,3) protocols lock more of their native tokens to veNFTs

• allowing users to farm higher APY with their tokens without the need to invest in native token veNFTs

How It Works

There are 3 parts to how a user can use their vaults to get maximum benefits.

1. autoCompunding vaults for Liquidity Pool farms

2. Liquid veNFT Vault (acs_veNFT)

3. acs_veNFT-DEXtoken LP vault

Their Liquid Wrapper Vault mechanics vary depending on different partners. Some ve(3,3) DEX have APY Boosts on their farms while others do not.

Liquid veNFT Vault (acs_veNFT)

• Users stake their ve(3,3) DEX native tokens in the vault, getting a acs_veNFT receipt token, and get benefits as if they locked veNFT themselves (trading fees/bribes/rebases etc.). Their strategy then locks the tokens for max period, getting max veNFT voting power.

• 50% of Boosted rewards from ALL LP Vaults launched by ACryptoS on the ve(3,3) DEX, are rewarded to acs_veNFT (veNFT Vault) holders.

• This veNFT Vault maintains a % Reserve, allowing users to withdraw back the DEX native tokens at any time, where otherwise their veNFT would be locked for 4 years.

• Users stake their DEX tokens, gets full locking benefits without locking, gets rewards APY from all ACryptoS LP Vaults on the DEX.

• The more DEX tokens staked in the veNFT Vault, the higher the Boosted APY for the LP vaults↩️

• The more the LP vaults gain TVL, the more rewards go to the veNFT Vault↩️

acs_veNFT-DEXtoken LP vault

• Users can pair their acs_veNFT token (Liquid veNFT Vault receipt) with the DEX token, forming an LP

• The voting power from the single-token veNFT Vault will be directed to the acs_veNFT-DEXtoken LP farm *voting strategy might be adjusted after initial launch period, based on TVL and APY

• Based on the weekly voting %, the farm receives DEX native token emissions.

• Users can form the LP and stake in their acs_veNFT-DEXtoken Vault, autoCompounding more of itself.

• This LP provides another method for users to exit their acs_veNFT position back to the DEX token

  
  

Liquidizer Vaults

Liquidizer Vaults are designed to automate yield farming on top of illiquid farms and "liquidize" them.

Parameters of Liquidizer Vaults are:

• Reserves: The amount of liquid reserves in the Vault that are not locked in the underlying protocol and available for users to withdraw.

• Reserve Ratio: The ratio of liquid reserves in the Vault as a percentage of the total Vault TVL.

• Target Reserve Ratio: The Reserve Ratio the Vault aims to maintain.

• Amp: The Stable Swap parameter the Vault uses to calculate withdrawal "slippage".

When a user withdraws:

• Any amount that does not bring Reserves below Target Reserves is withdrawn as normal.

• Any amount that brings Reserves below Target Reserves experiences "slippage" as if they were trading against a StableSwap pool with 2 balances: Reserves and Target Reserves.

For example, if a user were to withdraw 100 FTM from a Vault with Reserves of 1000 FTM and a Target Reserve of 2000 FTM, it would be as if he was selling 100 FTMA to a StablePool with 2000 FTMA and 1000 FTMB.

Yield Farming with ACSI

The development team share a stake in the protocol with ACryptoS StableSwap liquidity providers, distributing ACSI tokens via their farms.

50% of exchange fees are used to buy back and distribute ACSI to ACSI stakers via the ACSI Vault, while the remainder 50% are earned by liquidity providers.

Do remember to stake in their Farms after depositing into the pools.

Price Impact for Liquidity Providers

When you deposit into a StableSwap pool or metapool, you receive an LP token representing a share of that pool. This represents all tokens in the pool at the proportions they are currently in.

These proportions change whenever there is a swap, but in the long run, as long as the tokens maintain their peg, the proportions should revert equally.

If you deposit or withdraw in proportions which are different from the pool's current proportions, what happens behind the scenes is that the tokens are exchanged so it matches the proportions of the pool.

This effectively means if you deposit a token that the pool has a lower proportion of, you will get a "positive" price impact, and vice versa.

In general, if the token's market prices are at peg, it would be profitable to help "rebalance" the pool by depositing or withdrawing. However this might not be the case if prices are off peg. For example, if DAI's market price is significantly above peg, it's proportion in the pool should be much lower than the others'. If you deposit more DAI, you might see a "positive" price impact but depositing too much would push the price of DAI in the pool down and arbitrageurs would be able to buy it from the pool and sell it elsewhere for a profit.

Do note for metapools, a balanced proportion is achieved when the non-base token is equal to the base pool, i.e. when ACS4VAI has 50% VAI and 50% ACS4.

Tokenomics & Fees

ACS and ACSI TokenomicsACS and ACSI Tokenomics

ACS rewards distributed to ACS Farms: 0.02576279 ACS/block

+33.33% distributed to ACS holders via ACS Vault

+10% reward to ACryptoS Dev Team

+3% to treasury

Total ~1086 ACS/day

Maximum supply cap at 1,888,888 ACS. ACS Farms emissions began at 0.088888 888888 888888 ACS/block from October 28th 2020. This is cut by 18.65% every 90 days beginning on 15 Feb 2021, to give a maximum supply of 1,888,888 ACS.

ACSI rewards distributed to ACSI Farms: 0.02576279 ACSI/block

+33.33% distributed to ACSI holders via ACSI Vault

+10% reward to ACryptoS Dev Team

+3% to treasury

Total ~1086 ACSI/day

Maximum supply cap at 1,888,888 ACSI. ACSI Farms emissions began at 0.088888 888888 888888 ACSI/block. The emissions rate was reduced to match ACS emissions rate on the day their total supplies were equal, and will be reduced in sync moving forward.