A lot of people don’t feel excited when they hear about a new stablecoin product being released. After all, we already know what stablecoin are mostly used for. You either hold them to stay safe during market swings or use them as a route back to fiat. In many ways, they feel like holding cash. What you put in is what you get, nothing more.
That's the lens most people are using to look at ACE. Another stablecoin? So what?
But when you look deeper into ACE mechanism, you will realize that ACE isn't just another stablecoin being added to the already crowded market, or something that could compete with HBD, the Hive Blockchain native stablecoin, or USDT and USDC in the broader crypto market. If you are looking at ACE only as a stablecoin, you will probably miss the bigger picture of what makes it truly unique.
Let me state it here equivocally, ACE is not the product. It's the tool that powers the LEO Lending protocol.
We all know how it in the Hive ecosystem, when you have some assets you do not want to sell because you believe in their long term potential and growth, and you need liquidity to participate in a new opportunity or cover immediate expenses. The only available solution has been to sell your assets, which means missing out of the future gain that those assets might provide. That's how it has been until now with ACE and LEO Lending protocol coming into the space.
ACE isn't just a stablecoin that you acquire to hedge against market volatility. As a tool, it gives you access to a suit of financial infrastructure that can give you the freedom to build wealth the way you want to without having to liquidate your assets. The more ACE you hold the higher the amount of liquidity you can access through the LEO Lending protocol.
Primarily ACE will be the currency you borrowed from the LEO Lending protocol and used within the ecosystem. That means you will use your LEO as collateral to borrow ACE. However, this doesn't means the system is built for only LEO holders. Anyone can access the lending platform as long as you hold some ACE, that's why buying the presale is very necessary if you want to utilize the benefits of this ecosystem from the beginning.
We know there are numbers of crypto lending platforms where you can borrow stablecoin against your crypto assets, but the risk involved in those platforms are more compared to what Leostrategy is building with ACE and LEO Lending protocol. This is a decentralized protocol built on the Hive Blockchain, which means, transparency, security, and govern by the community rather than a centralized entity.
The presale discount of 10% and the staking APR of 20% are not the main thing about ACE, but they are good for presale buyers who wants to make profits early on or earn dividend passive income. The real value lies in the access it grants to a financial infrastructure that empower you to leverage your assets without having to sell them and opportunities to grow your wealth with liquidity availability.
So, when you think of ACE, don't just think of it as another stablecoin in an ecosystem that already have a recognized stablecoin. Instead think of it as a key, a tool and an access pass to a new era of decentralized finance on the Hive Blockchain where you can have the opportunity to use your assets in building wealth.
That's the innovation ACE brings to the table. This is what set ACE apart from other stablecoin and why you should consider getting some during the presale before it fully launched. Remember the 10% discount is only available to early presale buyers.