What is Accumulated Finance? Accumulated Finance is an independent DeFi and Liquid staking platform of the Layer 1 Accumulate Protocol blockchain protocol. Accumulated Finance allows users to increase profits through decentralized financial activities.
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Overview of Accumulated Finance
What is Accumulated Finance?
Accumulated Finance is a Liquid Staking protocol built to contribute and enhance security for Blockchain Layer 1 Accumulated Protocol. Accumulated Finance helps users optimize their investments with ACME Token, the native token of Blockchain Accumulate Protocol.
When users deposit their ACME tokens into the Accumulated Finance protocol, they will receive a Wrapped token called WACME. If users continue to Stake WACME tokens on the Ethereum network, they will receive stACME tokens.
stACME is a highly liquid derivative issued by Accumulated Finance. Accumulated Finance allows users to stake WACME tokens without leaving the Ethereum ecosystem. Especially Users can cancel staking and withdraw assets immediately if needed.
Special features of Accumulated Finance
The special thing about the project’s Tokenomic is that 50% of the protocol’s transaction fees will be allocated to users holding ACFI tokens. ACFI is the governance token of the protocol. Currently, the project has not yet announced the launch of ACFI.
Regarding the level of security, Accumulated Finance uses multisig administration rights. The Gnosis Safe smart contract is used as a multisig. Gnosis Safe is a secure platform for storing assets on Ethereum.
Accumulated Finance has soon joined Curve Finance’s ecosystem as a partner and liquidity provider, swapping stable tokens on the $stACME/$WACME pair. CThere are plans to participate and vote markets of Stake Dao, Convex Finance and Votium.
Development Roadmap
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Core Team
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Investors & Partners
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Tokenomics
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Information Channel of Accumulated Finance
- Website: https://accumulated.finance/
- Twitter: https://twitter.com/AccumulatedFi
- Discord: https://discord.com/invite/4sJdZnNCSW
- Telegram: https://t.me/accumulatedfi
Summary
Accumulated Finance is operating well in the Defi field, and will continue to improve and expand into the voting market in the coming time. This promises to bring strong development of the protocol in the near future.
The project has not officially issued Tokens yet, so users can follow the project’s roadmap, look for opportunities to increase assets, and invest early in the project.
