Question 1

What is Across Protocol (ACX)?

Accepted Answer

Across Protocol is a cross-chain bridge that facilitates token transfers between blockchain networks. It utilises UMA’s optimistic oracle to verify transactions, aiming to balance security and efficiency. The protocol employs a single liquidity pool and a competitive relayer network to streamline operations and support interoperability across Layer 2 solutions and rollups.

Question 2

What is ACX used for?

Accepted Answer

The ACX governance asset plays a pivotal role in the operation and decision-making processes of the Across Protocol ecosystem. ACX holders are granted governance rights, allowing them to propose and vote on protocol updates, parameter changes, and treasury allocations. This ensures that the community has an active role in shaping the future of the protocol.

ACX also serves to incentivise participation within the ecosystem. It is used to reward liquidity providers and relayers who contribute to the protocol's operations. These incentives are critical for maintaining the liquidity and efficiency needed to process cross-chain transactions. Additionally, ACX is central to the protocol’s decentralised structure, aligning incentives between users, liquidity providers, and other stakeholders.

Question 3

Who created Across Protocol (ACX)?

Accepted Answer

Across Protocol was co-founded by Hart Lambur and John Shutt. Hart Lambur is also the co-founder of UMA (Universal Market Access), a decentralized financial contracts platform.

#	Instrument	Exchange	Benchmark Score	Price	24h Change	24h Volume	24h Trades	24h Open	24h High
1	ACX-USDT ACX_USDT	gateio	A	0.04323USDT	-1.73%	544,911.71ACX	271	0.04399USDT	0.04498USDT
2	ACX-USD ACXUSD	kraken	AA	0.03930USD	-0.13%	0ACX	0	0.03936USD	0.03936USD
3	ACX-USD ACX-USD	coinbase	AA	0.03960USD	0.00%	0ACX	0	0.03960USD	0.03960USD
4	ACX-EUR ACXEUR	kraken	AA	0.03185EUR	0.00%	0ACX	0	0.03185EUR	0.03185EUR
5	ACX-USDT ACXUSDT	latoken	D	0.04383USDT	-0.66%	1,579,272.38ACX	3,978	0.04412USDT	0.04466USDT
6	ACX-USDT ACX-USDT	bingx	D	0.04243USDT	-8.87%	1,230,077.15ACX	6,535	0.04656USDT	0.04688USDT
7	ACX-KRW ACX_KRW	bithumbkorea	-	59.40KRW	-2.61%	577,081.18ACX	193	60.99KRW	64.05KRW
8	ACX-EUR ACX-EUR	bitvavo	B	0.03759EUR	-3.58%	41,668.42ACX	92	0.03898EUR	0.03902EUR
9	ACX-THB THB_ACX	bitkub	C	1.28THB	-0.10%	2,019.32ACX	8	1.29THB	1.69THB
10	ACX-KRW acx_krw	korbit	C	54.69KRW	0.00%	0ACX	0	54.69KRW	54.69KRW
11	ACX-INR ACXINR	coindcx	-	4.46INR	6.46%	555.84ACX	6	4.19INR	4.47INR
12	ACX-KRW ACX_KRW	coinone	C	47.20KRW	0.00%	0ACX	0	47.20KRW	47.20KRW
13	ACX-USDT acxusdt	huobipro	C	0.03950USDT	0.00%	0ACX	0	0.03950USDT	0.03950USDT
14	ACX-EUR ACXEUR	bit2me	B	0.03185EUR	0.00%	0ACX	0	0.03185EUR	0.03185EUR