Introducing 0xACID

Greetings everyone,

We are excited to introduce you to 0xACID, a revolutionary protocol that aims to maximize returns on LSD assets while prioritizing asset security. Our team is backed by Toxin Lab, the incubator behind the successful MetaversePRO project, which reached a market value of 150 million dollars and held over 40 million dollars in assets.

At 0xACID, we believe in providing the highest possible returns to our users and returning 100% of profits to our token holders. Our protocol-controlled liquidity mechanism (PCL) brings significant liquidity to the market, and our lending module allows users to pledge ACID and borrow WstETH, with the interest generated being allocated entirely to ACID stakers.

Holding ACID allows investors to benefit from the appreciation of ETH and related assets, as ACID’s underlying assets are primarily composed of ETH-related assets. Staking ACID allows users to earn high esACID returns, with staking rewards mechanisms generating 10% to 30% ETH APR compared to the typical 4% APR generated by LSD assets.

We are excited to announce that our token sale is scheduled for March 3rd, lasting 24 hours and divided into two 12-hour fundraising activities. The first activity will be hosted on the Arbitrum network, with a 2-hour whitelist round followed by 10 hours open to all. The second activity will be hosted on Ethereum and open to everyone for the full 12 hours. The fundraising operates on a first-come-first-served basis, with a soft cap of 2500 ETH and a hard cap of 5000 ETH for both networks combined.

We are eager to explore potential partnerships and collaborations. If you’re interested in learning more about 0xACID, please feel free to reach out to us on Discord or Telegram. We can’t wait to see what we can achieve together.

Best regards,
The 0xACID Protocol Team
https://0xacid.com/

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How does this relate to Frax or is this just a sales pitch for your product?

If the later, mods delete