Safe Ace Introduction

Safe Ace
2 min readApr 24, 2021

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Introduction

  • Safe Ace is a community-driven project, governance and DAO are powered by ACE tokens.
  • Safe Ace is a deflationary yield farming and governance token used to power the ACE ecosystem. It was launched on Binance Smart Chain (BSC), allowing anyone to participate due to low fees.
  • To ensure constant supply reduction, certain transactions are taxed and part (0.95%) of the tokens are burned. 0.05% is sent to treasury, governed by DAO.

Tokenomics

Safe Ace (ACE) has a total supply of 1 trillion tokens. 600 billion tokens are reserved as yield farming rewards, for the next 24 months. 200 billion tokens will be sold during presale (all unsold tokens will be burned) and another 75 billion were used to provide initial liquidity on PancakeSwap. 25 billion are reserved for airdrop(s) and 100 billion are locked in treasury, control over this fund will be transferred to DAO, governed by token holders once distribution is decentralized enough (approximately 2 months).

  • To prevent liquidity “rug pull” by early liquidity providers and to make the launch fairer for everyone, 90% of all yield farming rewards during first 3 months will be locked for 3 months.

DerAce Leveraged DEX

DerAce (Derivates Ace) is the first 100x leveraged decentralized exchange. Traders will be able to trade with up to 100x leverage, while investors will be able to provide liquidity and earn yield.

Yield Farming

To decentralize token distribution, anyone has a chance to participate in yield farming by supplying ACE-BNB and ACE-BUSD liquidity. Currently, 821M tokens are distributed every day.

Roadmap

4/25/2021 — Token deployment (0x01a6807e49c1b0dbc90922a7e93c5b0125a6cd3e)

4/28/2021 — Whitelist registrations

5/1/2021 — Presale

5/4/2021 — Yield Farming launch

Q2 2021 — NFT Lottery

Q2 2021 — Transfer of power from the team to the DAO governed by token holders

Q3 2021 — DerAce launch

Presale

100 billion tokens will be available for the sale during presale on BSCStarter, at an initial price of 0.000000002 BNB per token (200 BNB hard cap).

Presale will start on 5/1/2021, 9:00 am PDT (Pacific Daylight Time).

Whitelisted participants will have 2 hours head start to buy tokens before anyone else. To apply for a place on the whitelist, the following steps are required:

  1. Follow our Twitter account: @safeacecrypto
  2. Join our telegram group: t.me/safeace
  3. Like & retweet pinned tweet
  4. Fill out the whitelist form: https://bit.ly/3sOG84t

Winners will be announced in our telegram group.

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Safe Ace
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Deflanatory yield farming & governance token. SafeAce.io