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Acet

Decentralized Fans Financial Token
Category
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Finance
Blockchain
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BSC
Currency
?
ACT
Publisher
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Certik
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What is Acet?
ACT (Acet) is a brand-new breed of cryptocurrency designed to tackle the oversupply caused by the imbalance between demand and supply of a token. It is initiated on the concept of “Zero Initial Supply”; in the belief that to be a digital asset, the initial amount of supply should start at “0”, and the amount of the token should only be generated based on the holders’ demand. ACET (Advanced Cryptocurrency and Energy Trading) Finance is a decentralized finance (DeFi) platform that aims to bridge the gap between the traditional energy sector and the world of blockchain and cryptocurrency. ACET Finance is built on the Ethereum blockchain and is designed to provide a variety of financial services that cater to the needs of energy companies, traders, and investors. The platform's core features include an energy trading platform, a decentralized exchange (DEX), and a suite of DeFi applications. These services are intended to help energy companies and traders hedge their risks, manage their portfolios, and access liquidity. ACET Finance's energy trading platform enables energy companies to trade energy derivatives, such as futures and options, in a transparent and secure manner using smart contracts. The platform also offers real-time market data and analytics, as well as risk management tools. The ACET Finance DEX allows users to trade a variety of cryptocurrencies and tokens in a decentralized and permissionless manner. The DEX uses an automated market maker (AMM) model, which means that trades are executed using a smart contract-based liquidity pool. This model eliminates the need for traditional order books and provides users with better liquidity and lower trading fees.

Decentralized Asset Management
ACET Finance offers a decentralized platform where users can manage their digital assets efficiently. Through smart contracts and blockchain technology, users have full control over their funds, eliminating the need for intermediaries and enabling a trustless environment.

Yield Farming and Staking
ACET Finance provides users with opportunities to earn passive income through yield farming and staking. Users can stake their assets in liquidity pools or participate in farming pools to earn rewards in the form of ACET tokens. The platform offers attractive APY (Annual Percentage Yield) rates, allowing users to maximize their returns.

Advanced Analytics and Trading Tools
ACET Finance empowers users with comprehensive analytics and trading tools to make informed investment decisions. The platform provides real-time market data, charts, and indicators to help users analyze market trends, identify potential opportunities, and optimize their trading strategies.

Risk Management and Diversification
ACET Finance emphasizes risk management and diversification to protect users' investments. The platform offers various investment strategies, including portfolio rebalancing and asset allocation, to minimize risk and maximize returns. Users can customize their investment plans based on their risk tolerance and financial objectives.

Community Governance and Voting
ACET Finance incorporates a community governance model, allowing token holders to participate in decision-making processes. Users can propose and vote on platform upgrades, changes to fees, and other important parameters. This ensures a democratic and inclusive approach to platform governance.

Robust Security Measures
ACET Finance prioritizes the security of user funds and implements robust security measures. The platform undergoes regular security audits to identify and mitigate potential vulnerabilities. Furthermore, ACET Finance utilizes multi-signature wallets, smart contract audits, and other industry-standard security practices to safeguard user assets.

Cross-Chain Compatibility
ACET Finance is built with cross-chain compatibility in mind, allowing users to interact with assets from different blockchain networks. This opens up opportunities for users to diversify their holdings and access a wider range of investment options.

Educational Resources and Community Support
ACET Finance is committed to empowering its users with knowledge and resources. The platform provides educational materials, tutorials, and a supportive community where users can learn from experts and engage in discussions. This enables users to enhance their understanding of DeFi and make informed investment decisions.
Information
Type
Automated Market Maker
Blockchain
BSC
Currency
ACT
Platform
Windows, Android, iOS, macOS
Windows, Android, iOS, macOS
Publisher
Certik
Version
V1.2
FAQ
“ACT” (Acet) is a “Decentralized Fans Financial Token” (DeFansFi Token) on Binance Smart
Chain (BSC). It is designed to tackle the oversupply caused by the imbalance between
demand and supply. Under the concept “Zero Initial Supply”, it is believed that the initial
amount of actual valued assets should start at “0” and the supply should only be determined
by the holders’ demand.
Generally, Fans Token is a digital currency that provides the users related privileges, such as
voting in the leagues, rewards, product design, and unique experience. It can be utilized for
sport clubs, fansclub (for ones who have followers), and organizations to bolster democracy,
to gain new shared experience, to assert leadership, etc.
In order to stake ACT (Acet) token, the users must stake assets on https://acet.finance/ in compliance with Smart Contract conditions designated on Binance Smart Chain (BSC), and the platform will provide ACT (Acet) token as a reward in return.
Users can harvest their reward at any time in accordance with the terms and conditions
provided before staking.
Fees
● Staking Fee - a user agrees and acknowledges that a staking fee will be applied when
the user stakes his/her assets in the contract.
● Penalty Fee - a user agrees and acknowledges that a penalty fee will be applied in
case of early unstaking before the contract terminates.
● Harvest Fee - a user agrees and acknowledges that a harvest fee will be applied when
the user harvests ACT (Acet) reward.
● Additional Token Reward (ATR) - a user agrees and acknowledges that an
engagement in a staking contract, Additional Token Reward (ATR) in ACT (Acet) will
be generated in proportion of the contract condition and the reward will be
automatically transferred to developer’s wallet.
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