Campaign-like advertisements have proven to be one of the best ways to announce coins in the crypto world and here comes, $ACE, an overcollateralized stablecoin and it's fixed as 1ACE = $1. Although the price is below that for now during the presale season but once ACE is launched, ACE can be converted to USDC(HBD) or USDC(HBD) can be converted to ACE with ease as it works with Peg Stability Module.
Look at this:
With the primary use case of ACE, you can deposit Leo and receive ACE as a collaterized loan and you're free to convert the amount of ACE received to any stablecoins such as USDC, or HBD and use. When you're done with the using the coins and the lending period is over, you can convert back and and get your LEO back. But this happens when the presale is over, I mean when ACE goes live fully. Did you understand that? You're absolutely not losing anything? You'll get back your LEO.
The Presale:
This is the part that made me to know about this coin through the ongoing presale campaign.
Currently, the price of ACE is below $1. It's been at $0.91 which is a good price to buy before it gets to the supposed $1.
Apart from this, there are other benefits one enjoys during the presale and they're as follows;
Higher Lending Cap
Exclusive 20% APR (Paid Weekly)
Lower Borrowing Fees
Early Feature Access
Also, the fund generated from the presale will be split into half percentages.
The first 50% will be used to build the PMS reserve in both HBD and USDC and the other 50% will be used purchase $Leo and also pre-staked in to Leostrategy balance. Also, to get good liquidity, 50% of the presale will be kept in the treasury wallet as HBD or USDC stablecoins.
This will help to keep the price stable and not run off into dip like other coins as we see on $Hive.
How to Buy ACE:
Buying Ace is very simple and you can do it in either other following means;
On Tribaldex or any Hive engine exchanges. For the Tribaldex, it's a direct process and easy especially if one is familiar with the website or trading in general. You can just access it here https://tribaldex.com/trade/ACE or paste on your keychain app for easy logins and transactions.
The other method is the simplest which is just to transfer HIVE or HBD to 
In case you're yet to join the presale Campaign, you can use this link to register and earn XP when you perform easy tasks.
https://leostrategy.io/quests?ref=BDF12F06
Thanks for reading.
Ideas and photos were taken from the ACE announcement post.