We are pleased to announce our partnership with ACryptoS.
ACryptoS Acsi.Finance is an AMM protocol based on BalancerV2’s algorithm. ACryptoS is offering the first AMM for stable coins based on this algorithm on the Binance Smart Chain (BSC).
Acrypto scUSD/BUSD Pool
The partnership with ACryptoS will bring our Scientix users with lower slippage and fewer trading fees. A new scUSD/BUSD Pool pair will be added in Scientix Farm Pool.
We will turn off the SCIX rewards for BUSD/scUSD Pancake LP and turn on the rewards for BUSD/scUSD AcryptoS LP. So you need to migrate your liquidity from Pancake to AcryptoS after the switch.
Why Is It Important & What Can We Benefit From This?
Scientix Protocol aims to help users earn the yields more efficiently. One of the key steps is swapping scUSD to BUSD. PancakeSwap is built on the XY=K algorithm which has more slippage for stablecoin swap. Besides, PancakeSwap charges 0.25% trading fees when you exchange. All of these increase the cost when we use Scientist.
Now we introduce a more efficient stableswap protocol: ACryptoS Acsi.Finance. It only charges 0.04% trading fees and is based on BalancerV2’s specialized algorithm tailored for stable coins. It’s ~100x less slippage when trading stable coins compared to the various UniSwap forks. It will save Scientix users at least 6.25x costs and make liquidity at most 100x efficiency.
Full Guide
https://docs.scientix.finance/our-protocol/step-by-step-guide/busd-scusd-liquidity-migration
More about ACryptoS
ACryptoS is a yield farming optimizer designed for the longer-term investor who values sustainable tokenomics, safety and careful risk management. ACryptoS wants more users to know they can sleep soundly with their funds invested. ACryptoS is to build a better, safer DeFi world. Effective code, advanced strategies, better protocols — that’s how we manage user’s risks. ACryptoS offers three products on the Binance Smart Chain (BSC):
- ACryptoS Vaults and Farms (Yield Farming Optimizer)
- ACryptoS StableSwap (Stablecoin Decentralized Exchange (DEX) )
- Acsi.Finance (Decentralized Exchange)
About Scientix
- Website: https://scientix.finance
- Gitbook: https://docs.scientix.finance/
- Twitter: https://twitter.com/ScientixFinance
- Medium: https://scientix.medium.com/
- Telegram: https://t.me/scientixfi
