All Coins Yield Capital (ACYC)

All Coins Yield Capital (ACYC) Price

This cryptocurrency is not listed for trading or services on Gate.

$0.000000
-$0.000000(-0.36%)

Market Cap

--

24h High

$0.000000

24h Low

$0.000000

24h Turnover

$9.80B

Total Supply

1.00T

Market Sentiment

Neutral

About All Coins Yield Capital (ACYC)

ACYC is a DeFi 3.0 token specializing in farming as a service for it's holders. The project is based upon the idea that buying and selling transactions are taxed and the funds are then used to reward behaviours. When the token is bought from a liquidity pool the transactions are taxed 10%. This tax is given to the preexisting holders of the token pro rata to their share of the tokens when the sale was completed. Thus if a holder has 1% of the tokens, they will receive 1% of the tax taken for that transaction. Sell transactions are similarly taxed at 10% although the tax is used differently. Sell side taxes are sent to the projects treasury where a portion of the funds is added to the liqudity pool and locked for a significant amount of time and the remainder of the funds are used to invest on behalf of the token holders. The returns from these investments are then split with 50% of all profits being returned to token holders pro rata to their holders and a portion of the profits goes to the team managing the portfolio with the remainder used to increase the amount used by the farm such that the farming becomes self sustaining. Over time, the holders will have a voice in the amount of taxes as well as their usage. The team has established industry veterans advising on the best way to invest such as to bring the best returns to token holders.

Risk Disclosure

Cryptocurrencies are high-risk assets and are subject to significant price volatility. The value of digital assets may fluctuate sharply within a short period of time, and you may lose part or all of your investment principal. Past performance does not guarantee future results. Before engaging in any transaction, you should carefully assess your financial situation, investment experience, investment objectives, and risk tolerance, and ensure that you fully understand the characteristics and risks associated with cryptocurrencies. If necessary, you are advised to consult an independent professional advisor with the appropriate qualifications.

Disclaimer

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