Introduction to ACE Finance ACE Finance is a suite of products in Decentralized Finance (DeFi) that provides lending aggregation, yield generation, and insurance on the Ethereum blockchain. The protocol is maintained by various independent developers and is governed by $ACE holders. You can find brief descriptions of ACE Finance's core products, the governance process, and links to active communication channels below. What is DEFI ? DeFi is short for “decentralized finance,” an umbrella term for a variety of financial applications in cryptocurrency or blockchain geared toward disrupting financial intermediaries. When you pay with a credit card for coffee at a cafe, a financial institution sits between you and the business, with control over the transaction, retaining the authority to stop or pause it and record it in its private ledger. With bitcoin, those institutions are cut out of the picture. The goal of DeFi is to reconstruct the banking system for the whole world in this open, permissionless way,” says Alex Pack, managing partner at Dragonfly Capital, a $100 million crypto fund. “You only get that shot every 50 years.” Ethereum applications Ethereum’s platform for smart contracts – which automatically execute transactions if certain conditions are met – offers much more flexibility. Ethereum programming languages, such as Solidity, are specifically designed for creating and deploying such smart contracts. Unique Feature OF $ACE Finance: Giving more importance to Stability for the project and Price For the Token is our main priority !! we are focusing on more staking system than trading. Our APY is well structured and offers best profits for the loyal holders and members. That’s why our tokenomics are focused on the staking rewards more. That's the reason we have locking more staking rewards than the circulation of tokens in the market. Ace Finance focused to give stability for the holders for the years to come and helping to get financial freedom. APY Annual Percentage Yield, a time-based measurement of the Return On Investment (ROI) on an asset. For example, $100 invested at 2% APY would yield $102 after one year, if there is no compounding of any interest earned on that $100 through the year. Assuming a static APY rate, the Monthly ROI would be 0.16%, in this case. Tokenomics Uniswap : 5000 Staking rewards : 7000 Airdrop : 200 Development :1200 Team : 500 Emergency : 400 TOTAL : 14300 Road MAP Core Products Vaults Capital pools that automatically generate yield based on opportunities present in the market. Vaults benefit users by socializing gas costs, automating the yield generation and rebalancing process, and automatically shifting capital as opportunities arise. End users also do not need to have a proficient knowledge of the underlying protocols involved or DeFi, thus the Vaults represent a passive-investing strategy. Earn The first ACE Finance product was a lending aggregator. Funds are shifted between dYdX, AAVE, and Compound automatically as interest rates change between these protocols. Users can deposit to these lending aggregator smart contracts via the Earn page. This product completely optimizes the interest accrual process for end-users to ensure they are obtaining the highest interest rates at all times among the platforms specified above. Governance The ACE Finance ecosystem is controlled by $ACE token holders who submit and vote on proposals that govern the ecosystem. Proposals that meet quorum requirements (>20% of the tokens staked in the governance contract) and generate a majority support (>50% of the vote) are implemented by a 9 member multi-signature wallet. Changes must be signed by 6 out of the 9 wallet signers in order to be implemented. The members of the multi-signature wallet were voted in by $ACE holders and are subject to change from future governance votes $ACE holders govern the $ACE ecosystem and are eligble to receive a portion of protocol profits. Therefore, $ACE represents a right to govern the platform and a claim on its earnings. Profits are obtained from each of $ACE's products through a governed fee structure. In order to claim profits, $ACE holders stake their tokens into the Governance contract. Profits are periodically sent to this contract from the $ACE Treasury Vault, which temporarily holds profits before distribution to stakeholders. Profits are sent to the Governance contract after the Treasury Vault has accrued a $500,000 reserve; this reserve is used to pay for various operational expenses, including developer compensation and community grants. The amount retained in the Treasury contract before profits are sent to the Governance contract are subject to change by $ACE holdersIn order to vote on a proposal, $ACE holders must be staked in the governance contract. Currently, users of the $ACE Vault (i.e. yACE holders) are also eligible to vote. To lessen the burden of fees on smaller holders, $ACE governance decided to migrate to off-chain voting hosted by Snapshot. Snapshot is an off-chain gasless multi-governance client with easy to verify and hard to contest results. It makes creating and voting on proposals free with similar benefits to on chain voting. Finding previous / active polls and casting your vote is easy. DISCLAIMER The contents of this document are not a financial promotion. None of the information or analyses presented are intended to form the basis for any investment decision and no specific recommendations are intended. Therefore, none of the contents of this document serve as an invitation or inducement to engage in any sort of investment activity. This document is not intended to be a prospectus, solicitation, inducement, or offer for investment or the sale or issuance of securities or any interests or assets. The information in this document is given in good faith, but no warranties, guarantees or representations are made by our company about the accuracy, completeness, or suitability of the information presented. 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