ACoconut (AC)

acBTC is a composite asset backed by a basket of ERC20 BTC. The acBTC ecosystem integrates native BTC and ERC20 BTC, with swap, lending and yield generating applications into one highly secure, efficient and usable standard. The AC token serves as the fundamental driver for community governance by incentivizing stakeholders for participation and sound decision making. Ecosystem incentives are designed to compensate users and Governors for their efforts on driving growth, stability and sustainability of the acBTC ecosystem.