Understanding ACE

What is ACE?
You must have been hearing about ACE for the past few days and in case you don't know what it is all about, this post is here to explain it in a very simple and understandable way.

Okay, ACE, though on its presale level, which means not yet launched, is a stable coin just like the way we have HBD in the Hive system, USDT and USDC. When fully launched, 1ACE is going to be equivalent to 1HBD or 1USDC.
So yes, it's as simple as this but like I said, it's not fully launched, only the presale is live which offers the opportunity to accumulate this at a price below $1.

You might want to ask, "What's the guarantee that ACE won't fall below $1 when it's launched like the likes of HIVe that has been on severe dip?"
Okay, there are measures put in place already to keep the market stable and never to dip like other cryptos. As stated in the official announcement of the ACE Presale launch, it's said that 50% of the presale funds will be kept in the Leostrategy wallet as a stable coin (USDC or HBD). This will keep the system firm and never run bankruptcy.
More also, the fund generated from the presale will be split into half percentages.
The first 50% will be used to build the PMS reserve in both HBD and USDC and the other 50% will be used to purchase $Leo and also pre-staked in to Leostrategy balance.

Why I'm participating and why you need to join?
First of all, the presale price is below the actual price. It's currently at $0.93. This is a better opportunity to accumulate before it gets to the normal $1. Or isn't 0.93 a fair price for presale?
Apart from this, I joined because of the campaign where 2,500 ACE is to be given out to participants at the end of the campaign. The campaign is to join in promoting the stable coin and we earn Experience Points as we perform tasks which load on the leaderboard. If you haven't joined, feel free to click this link to join https://leostrategy.io/quests?ref=D36E2309

How to buy ACE
It's very easy. The easiest is to send HIVE or HBD to @leostrategy and have the equivalent amount of ACE deposited in your Hive engine account.

If you're conversant with Hive engine exchanges like Tribaldex, ACE is one the market for trading.

Thanks for reading.

The photo used is a screenshot from Leostrategy.io

Posted Using INLEO