yo yo
been a while since i sat down to write. you could probably guess that i'm grinding the new 
the sale ends at $500k raised, and proceeds are buying up LEO off the market to stake on their balance sheet. why would you want to buy ACE? well, not only is it a stablecoin which is a great hedge against market volatility, but it directly benefits LEO and LS assets such as LSTR and SURGE. in addition to the benefits to related assets and the entire ecosystem, there are perks for joining the sale early.
right now, you can get ACE for 90 cents worth of HIVE, which is a 10% discount. instant profit, no bullshit. aside from this, at different milestones on the pre-sale new things get unlocked like the launch of single asset ACE staking for 10% yield. in 21 hours from now, the price will increase to 91 cents of HIVE per ACE. there are 9 different phases to the price increases up to the end of the sale. buy early, buy often.
if you happen to pick up 500 ACE, you'll get access to APEX - which is the AI chat bot we have all been waiting for. i've been using it for different random things like researching for this post, and gaming out different investment strategies. considering most AI assistants have a monthly cost and sell your data to whoever they want, APEX is a great alternative that gives you unlimited access just for holding an asset.
how is ACE protected from deviating from the $1 peg? there's actually some really solid mechanics here. if a vault's collateralization ratio drops below 120%, a liquidation is triggered and the user is able to repay the debt to get their collateral back. there's a 13% penalty on liquidations as well, so this ensures a healthy collateralization level. underlying assets that help with the price stability also include HBD and USDC, which have an incredible history of maintaining peg.
you can lock in extra perks like a 20% bonus on liquidity provision in the ACE pools as well. if you want to really maximize on this, consider providing liquidity in the SURGE/ACE pool to get a 35% rate during the sale and 20% APR boost forever. there's other pools that aren't subject to volatility, of course, for the paper hands. join the SWAP.HBD/ACE pool if you want to lock in that APR boost without the risk of the market affecting your position.
the launch of all of these new assets and applications by the LS team is extremely exciting, and will propel the entire LEO ecosystems to heights we could only imagine. onward and upward.
NFA, GLHF