ACT (Acet), a fresh entrant into the cryptocurrency market, is pleased to unveil its new breed of crypto assets. ACT (Acet), a new cryptocurrency asset, is intended to address oversupply due to an imbalance in supply and demand. ACT (Acet), a solution that has a “zero initial supply”, aims at offering a fresh option for the larger crypto industry.

ACT (Acet), a company that aims to address the oversupply problem in cryptocurrencies, is ACT. The supply and demand of particular tokens is not always equal. This is a situation where there’s often an excess supply and not enough buyers. These situations, similar to inflation can impact any cryptocurrency that is on the marketplace today and will be released later. ACT (Acet) solves this through a burning mechanism to decrease the supply of the token and ensure the circulating supply reflects the asset’s real value.

ACT (Acet), has a solution for this urgent problem. It is known as Zero Initial Supply. An initial circulation for a digital asset should be zero. A token holder’s demand should be the only determinant of how many coins are produced. Because it doesn’t use any block rewards, stake rewards, or other system often used by major currencies, this is a new approach to crypto.

To increase the supply ACT (Acet), tokens were created to meet the actual demand from token builders by staking contracts. To earn and create ACT, you can stake BUSD. There are also ACT staking options and an ACT/BUSD option. All of these have differing maximum earnings rewards. If you are able to stake additional options such as BUSD, it indicates that there is a demand for ACT.

ACT is a brand new asset that combines Fans Token elements with decentralized financing. The “Decentralized Fans Financial Token – or DeFansFi Token – was coined by project founder Worawat Narknawdee or Acme Traderist, an experienced trader in global financial markets, and will seek its place in the growing digital economy. All holders – individuals or businesses – can buy, sell, trade, and conduct transactions with ACT (Acet) upon holders’ request. This currency will be available for Decentralized Finance (DeFi), purposes.

ACT is used for multiple purposes, including staking, harvesting – to receive rewards – and burning (reducing the overall supply). You can also pay various fees such as staking and harvesting penalties, additional token rewards, or staking penalty. This last aspect comes into play when users agree to participate in a staking agreement. This will allow the protocol to generate additional ACT according to contract terms. Developers can also receive the rewards.

ACT (Acet is a project that aims at reaching as many token owners as possible. The roadmap states that the team hopes to reach 150,000 addresses in the fourth quarter of 2022. The supply would then reach 100 million ACT. The token launched on August 31, 2021, yet it has already hit the “holder threshold” outlined in the roadmap for Q4 2021, well ahead of schedule. Currently, more than 40,000 ACT holders are registered.

The unique approach taken by ACT has resulted in many million dollars being Total Value locked. ACT currently has a total supply 95,429.345 tokens and 43.961 users have the token in their wallets as of October 5, 2021. The token can also be traded via PancakeSwap and is worth $0.415 DEXTools reports that the platform has more than $123,000 per day in trading volume and its market capital is over $39 million.

The Peckshield audit of ACT (Acet), was successful. Onboarding CertiK is the subject of a second audit. The official channels will provide more information in the near future. The project has been listed on CoinGecko, CoinMarketCap and other leading crypto data aggregators in the market.

About ACT

ACT (Acet), a new breed of cryptocurrency, is designed to combat oversupply due to an imbalance in demand and supply. It is initiated on the concept of “Zero Initial Supply”; in the belief that to be a digital asset, the initial amount of supply should start at “0”, and the amount of the token should only be generated based on the holders’ demand.

Follow ACT (Acet), to learn more through their official channels.

https://ACT (Acet).finance/https://t.me/ACT (Acet)defansfihttps://twitter.com/ACTDeFansFi

https://www.facebook.com/ACTDeFansFi/

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