LeoStrategy's New Product [ACE] , Presale & Campaign

So almost a week ago, LeoStrategy launched a new product. ACE, an on-chain, overcollateralized Stablecoin, which accordingly, is pegged to $1. Its main use case is for LEO Lending (will be used as the settlement asset). Users can deposit LEO as collateral to mint ACE, which they can then swap to other Stablecoins (i.e., USDC) and use for whatever purpose. To repay the loan, deposit ACE in the vault to unlock the collateral (LEO) with an 8% stability fee (reduced, depending on one's ACE presale tier).
It can be traded (swapped to USDC), staked, or pooled to earn yields, as it will become the main pair asset for LEO, LSTR, SURGE, TTSLA, TGLD, and TNVDA liquidity pools, both on HE and Base Chain pools.
For a more in-depth explanation of what ACE is, check out this post by LeoStrategy.
ACE Presale Ongoing
The token (ACE) is currently on stage 2 of its presale, with 1 ACE = $0.91, and the price increases by $0.01 every 72 hours.

Early birds (presale participants) will enjoy the following benefits (src):
- Higher Lending Cap depending on one's presale tier.
- 20% APR Weekly Yield paid as HBD or USDC if you provide liquidity to supported ACE pools.
- Discounted or reduced borrowing fees for life.
- Priority access to new collateral types, lending pools, and protocol integrations before they're available to the general public.

Per my understanding, staking ACE will unlock when 5% of the Presale milestone is reached. Holders can stake their ACE to earn 10% APR. As of this writing, 1.9% of the presale has been sold, with 61 participants. It will be interesting to see how these numbers will increase.
Anyway, ACE can be purchased via Tribaldex or by sending HIVE or HBD directly to @leostrategy (receive ACE after 24 hours).
The LeoStrategy App
With the launch of the new asset, the LeoStrategy command center [https://leostrategy.io/] was unveiled, allowing users to track their yields in real-time, analyze, and manage their investments in one place. There are live price feeds and advanced charts for the assets (LEO, LSTR, SURGE, and RWAs) in the LEO economy.

Along with all these recent launches, the LeoStrategy team introduced a first Quest2Earn campaign, on their so-called Questing app, inspired by quest platforms like Zealy and Galxe, but built directly on the LeoStrategy command center.
The campaign is designed to bring the community together and help sell out the ACE presale.
The ACE Quests
The campaign has various quests across different categories (easy, medium, hard, one-time, weekly, daily, etc) that run for four weeks (19th Jan - 15th Feb). There is a prize pool of $2,500 (2,500 ACE) broken down as follows:
- 1st Place: 500 ACE
- 2nd & 3rd Place: 250 ACE each
- 4th to 10th Place: 100 ACE each
- 11th to 50th Place: 20 ACE each
So if you are into gamified questing, or curious to try it out for the first time, join us through this link and let us climb our way to the leaderboard. It can be fun!😉
Might be a good idea buy at 0,91 and sell when it gets at peg
Yes, can make some profits doing that.
https://x.com/i/status/2015048974370041915
#hive #posh