as you all may have known, $ACX was attacked by flash-loan this morning while rebasing.
This is the transaction link:
As a result, 470k $ACX was dumped and 203 ETH was acquired by the hacker. As we tried to analyze the transaction logs of the hacker, which apparently is professional and familiar with the trick, we tried hard to rescue our project.
The team has locked its liquidity token for 170 eth and 400k ACX token with team.finance to ensure that no liquidity will be removed by team within 12 months.
Check the locked liquidity here:
Check our ACX/ETH on Uniswap Info here:
Check our ACX/ETH UNI-V2 LP token on etherscan:
To know more about ACX:
Public Sale Price: Depends on all Andre Cronje Projects’ total market cap on Dec 13th, 2020 00:00 UTC. The final amount of ACX you receive will be dependent on the total market caps on Dec 13th, 2020 UTC 00:00. To give you an idea on the price ranges, right now (Dec 11th, 2020) the Total Market Caps is 1.2b, market price is 1.2b/5b = $0.24. More historical info can be looked up in the dashboard.
Public Sale Hard Cap: 100 eth
Public Sale Time: from 2020–12–12 4:00 UTC to 2020–12–12 10:00 UTC
Individual Caps: min: 1 eth, max: 3eth (otherwise…
The Andre Cronje Index (ACX) is a synthetic crypto asset that derives its price from the total market cap of all Andre Cronje Projects at a ratio of 1: 5 billion. ACX exists to maintain a market rate that is stably pegged to its underlying asset. ACX’s peg to all market cap of the Andre Cronje projects is held stable through an elastic supply protocol. This protocol utilizes rebasing, a process which expands or contracts token supply to correct price. [ACX] allows traders to speculate on the best of DEFI community projects with one token.
Creator of Yearn.Finance, Andre Cronje…
$ACX is a synthetic crypto asset that pegs its price to the market cap of all Andre Cronje Projects at a ratio of 1: 5 billion.