Feeder Finance x ACryptoS Partnership
Feeder Finance announced strategic partnership with ACryptoS and ACSI Finance.
ACryptoS (“ACS”) is among the leading yield optimizer on Binance Smart Chain with over $150 million in TVL and among the best safety records.
ACSI Finance, built by the ACS’ team, is a Balancer V2 next-generation AMM that supports up to 8-tokens liquidity pool and a stableswap DEX.
The partnership with ACS/ACSI would entail:
🔹Vault Aggregation Partnership
Feeder has currently aggregated a total of 19 vaults on ACS through what they call “ACS Strategy”. The launch of AutoFarming will introduce LP Token deposits to Feeder and ACSI Balancer pools will become a significant part of the AutoFarming deposit options.
As it currently stands, there are potentially well over 50 deposit options as potential and thry’ll continue to roll out and support ACSI and ACS as they grow and develop new products and services.
Feeder believes its aggregation and simplification for users would benefit the ecosystem as they share in its success with builders across the network.
🔹New FEED-BNB-BTC-ETH-ACSI LP Pool on ACSI
Together with this partnership, ACSI is launching a FEED-BNB-BTC-ETH-ACSI LP Pool which will be Boosted by Feeder and ACSI for a period of five months.
The new pool would bring about additional liquidity to both project’s native token, help stabilize prices with leading cryptocurrencies, and signify both project’s support, as partners, for products and services.
It is also important to note that ACSI’s liquidity pools have been aggregated by 1Inch, and therefore, trades from Feeder’s Exchange DEX feature would also going through ACSI, particularly FEED token as well, to get the best swap rates.
About ACryptoS
ACryptoS offers 3 products on Binance Smart Chain:
– Yield optimizer: ACS Vaults
– Next-gen AMM: ACSI Finance
– Stablecoin DEX: ACSI StableSwap
Tokenomics and fees are designed for sustainability (https://medium.com/acryptos/what-sets-acryptos-apart-d6345e2f5d7f) and longer term staking, rewarding long term holders of our ACS and ACSI native tokens.
About Acsi.Finance
Acsi.Finance is a next-gen AMM/DEX (https://medium.com/acryptos/introducing-acsi-finance-balancer-v2-on-binance-smart-chain-bf0120f4d10e) built on the new Balancer V2 protocol, the first in Binance Smart Chain, bringing powerful innovations to the AMM/DEX space such as
– Bringing down gas fees significantly
– Liquidity pools up to 8 tokens with varying weights
– Capital re-investment through the use of Asset Managers
Acsi.Finance pools also share a stake in the ACryptoS Protocol with farms earning ACSI tokens on app.acryptos.com.
About Feeder Finance
Feeder Finance reimagines the DeFi journey with a simplified user experience, unique diversified vaults, and multichain vault aggregation — Think less, Earn more.
📰 INFO
https://feederfinancepatrick.medium.com/partnership-feeder-finance-x-acryptos-edbb139c78c8
