A simple, plain English guide to buying $1,000 worth of ACE so you and everyone else can follow it.
This is a dummy walkthrough of what the ACE presale flow looks like and what the buttons mean. The main idea is that ACE is shown as an overcollateralized stablecoin with a presale price of $0.90 per ACE, plus a Peg Stability Module (PSM) that shows reserves in USDC and HBD.
What you are buying
ACE is being sold in a presale at $0.90 per ACE. If the target live value is $1.00 later, the presale discount is why it says you save 10% during presale.
Quick math for $1,000
At $0.90 each, $1,000 buys about 1,111.11 ACE.
So in plain terms:
- Spend: $1,000
- Expected receive: about 1,111 ACE
- Entry price: $0.90
What you will see on the page (human translation)
When you open the ACE page, you will usually see these areas:
- Presale panel with price and a Join Presale or Join Now button.
- PSM Swap tool (Peg Stability Module).
- PSM Reserves showing USDC and HBD and a Total Reserves number.
- Treasury Fees Earned (a running total of fees).
- PSM Status (example: Operational).
In plain English, the dashboard is trying to show:
- How much stable liquidity sits in the peg module (USDC and HBD).
- That swaps or activity can generate fees that go to a treasury.
- Whether the peg module is active.
Step by step: buying $1,000 of ACE (dummy)
This is the do it on your phone without overthinking version.
1) Verify you are on the real site
Make sure you typed the official domain correctly and did not click a random link from DMs.
Rule:
- If the domain looks off by even one letter, leave.
2) Get your spending asset ready
Because the PSM and reserves are shown in USDC and HBD, those are the two stables being highlighted in the system.
Practical takeaway:
- Have USDC ready if you will pay with USDC.
- Have HBD ready if you will pay with HBD.
- Keep a little extra for fees.
3) Use the “Calculate” mindset first
Before you press any final buttons, confirm the numbers make sense.
You want:
- You spend: $1,000
- You receive: about 1,111 ACE
If the calculator shows something wildly different, stop and figure out why before confirming.
4) Tap Join Presale and connect
When you hit Join Presale, you will usually need to connect a wallet or log in.
Dummy rule:
- If you cannot see balances, you are not connected.
- If the From balance is blank, connect first, then re check.
5) Enter your amount
Enter $1,000 (or the equivalent amount in the asset you are using).
Then confirm:
- The receive amount is close to 1,111 ACE at the $0.90 rate.
6) Confirm approvals carefully
This is the part people mess up.
Before you approve or confirm:
- Confirm the amount is correct.
- Confirm the token you are spending is correct.
- If your wallet asks for a spending approval, do not blindly approve unlimited if you do not need to.
A safer habit is to approve close to the exact amount you plan to spend.
7) Submit and save proof
After the transaction is submitted:
- Screenshot the confirmation screen.
- Save the transaction hash or reference.
- Note the time and amount you spent.
This makes it easier to track claims, troubleshoot, or prove purchase later.
What the PSM means (simple version)
PSM is a peg tool that helps a stablecoin stay near its target value by allowing swaps against reserve assets.
So when you see USDC and HBD reserves plus a total reserve number, think of it as:
- The system’s liquidity buffer
- The pool of stables used to support conversions
- A visible indicator of capacity, not a guarantee
Important: reserves help, but they do not eliminate risk.
Real risks to mention (keep it honest)
Even with a clean interface, it is still crypto.
Main risks:
- Smart contract risk (bugs, exploits, admin controls).
- Peg risk (ACE could trade under or over $1.00).
- Liquidity risk (reserves can shrink, spreads can widen).
- Platform risk (UI bugs, network issues, wrong chain selections).
- Execution risk (user mistakes like wrong token, wrong address, wrong approval).
Only spend what you can afford to have locked up longer than expected.
https://leostrategy.io/quests?ref=E35FF1B4