https://blog.auctus.org/auctus-is-shifting-focus-to-defi-new-product-being-developed-no-loss-crypto-investing-platform-331331dac840

This blog post will give more details of where we are and what we will be doing in the coming months. Auctus faced several challenges and some team members left last year to allow the company to cross the bear market in a healthy way. Now the company has adequate resources and structure and the market is more mature, with the appearance of protocols such as Compound & Uniswap that allow the development of on-chain finance applications. Therefore, Auctus will shift all efforts to develop new on-chain applications instead of focusing on previous products developed.

Our first DeFi initiative: dPiggy - 100% Dai Principal Protection

Our first product to be launched in the coming months will have its own brand and will be called dPiggy, it will be a platform for investment in crypto with 100% Dai Principal Protection, built on top of Compound & Uniswap. It will be the first on-chain product that will provide an opportunity to invest in crypto without taking capital risk. The details on how dPiggy works under the hoods will be detailed with the launch of the dPiggy website, but we anticipate that the token will be an essential part of the product, as detailed below:
Buy-back & Burn of AUC

An annual fee will be charged which will be 100% used for buy-back & burn of AUC tokens, we foresee an initial fee equivalent to 0.5% per year on the amount invested in DAI. This burn will be done automatically with the purchase at Uniswap and the burn method done directly by the smart contract every time the rebalancing is done.

100% Fee Discount by Locking AUC
In addition, it will be possible to obtain a 100% discount on fees by buying and placing a fixed amount of AUC in escrow. The amount is yet to be defined, but we expect it to be around 10k-20k AUC.

This is only the first product, and we invite everyone who is interested in giving suggestions for improvements and new DeFi products to enter our Telegram. Any idea will be considered as a possible next step. Auctus plans to become one of the leading companies developing DeFi applications and we invite everyone to be a part of this process.

We thank our community for all the support that keep us motivated to work hard.

Auctus was founded in 2017 and had an ICO in 2018. Raphael Vantroost was the CEO until June 2018 and then a new leadership team took over and launched Auctus Trading (2019), dPiggy (2020) and ACO Finance (2020). The former CEO Raphael Vantroost was always very transparent. Also the new team publishes all their development on Github and are very active.

More info on:
https://dpiggy.com
https://auctus.org

Auctus AUC - (Load Silently Before the Noise)
Multiple Defi Products , 2 already live :- ACO & dPiggy with more coming

****Both products have many competitive and first mover advantage in Defi space***

ACO allows you to Trade, mint and exercise call or put options, in a trustless and decentralized manner without having to rely on any third party.

Simple but robust system

Only crypto project that offers plain vanilla call options

Only Crypto project with feature to exercise options using Uniswap v2 flash swaps

100% Collaterization

Avoides any insolvency risk by using the correspondent asset (underlying for calls and strikeasset for puts)

Standardized token symbols / names

Differentiates puts and calls

Focus on orderbook based dex

dPiggy is an onchain No-Loss Crypto Investing platform built on top of Compoundfinance & Uniswap

dPiggy is the first on-chain product that provides an opportunity to invest in crypto without taking capital risk.

-------------------------------------------------

What's Coming:-

Plenty of technical upgrades such as feature to exercise options using Uniswap v2 flash swaps

Put and Call option for BTC , SNX etc

Add more lending providers

More Defi Dapps

New Exchanges

Liquidity provider Incentive programs

Hackathons, Audits, Marketing etc etc

All/100% fees generated is used for buy-back & burn of AUC tokens.

Unlike other projects, here Buybacks and burn do not require manual intervention and is automatically setup to be done from exchanges .

Best Tokenomics with low supply and fairly distributed

Strong emphasis on utilty of token within all prodcuts

Listed on some good exchanges

---------------------------------------------------

IN SHORT :-

Low Supply and MC

Automatic Buybacks and Burns

2 Defi Products already live

https://auctus.org

https://dpiggy.com

https://aco.finance

Positive feedback from end users

Plenty coming up

Available on Uniswap, Bancor, idex, bitfinex, Loopring and many more

More details on Coingecko (CMC data is incorrect, although Coingecko also doesn't include all exchanges yet, but the supply is accurate there)

https://www.coingecko.com/en/coins/auctus

Yes. Check at https://aco.finance

Yes. Check at https://aco.finance