Acet (ACT) is decentralized finance (DeFi) fans token operating on Binance Smart Chain (BSC) without the involvement of any third-party middleman. Acet protocol aims to intercept the oversupply caused by the imbalance between demand and supply of a token. The network began on the “Zero Initial Supply” approach believing that the initial amount of actual valued assets should start at zero, and the supply should only be decided by the asset holder’s demand. The platform aims to be a globally used cryptocurrency token in the growing digital economy. The token holders, individuals, or businesses can trade and carry out any transaction with native tokens upon the holder’s request. 

The Acet digital asset is a combination of Fans Token and Decentralized Finance; hence it is also called Decentralized Fans Financial Token (DeFansFi Token). Fan Token is a digital currency that seeks to provide users with related privileges, such as voting in the leagues, rewards, product design, and unique experiences. These tokens can be utilized for sports clubs, fan clubs, and organizations to strengthen democracy, gain new knowledge, assert leadership, and many more.

As per the whitepaper, the Acet network has ACT as the native token. The token operates according to the BEP 20  standard, a Binance token standard that allows users to deploy tokens or cryptocurrencies on BSC. ACT can be generated at the request of token builders by using only liquidity mining. This process requires the users to stake the tokens into the pools under the conditions of smart contracts to seek to get the token as the reward on BSC with transparency and security.

Further, the total supply of the ACT token is uncapped as all the tokens are created by the actual demand of token builders’ staking contract. This function seeks to stabilize and sustain the token in the long run.

Worawat Narknawdee, also known as Acme Traderist, founded the Acet network in 2021.

ACT has a total supply of 266,406,526 tokens.

We update our Acet to GBP currency in real-time. Get the live price of Acet on Coinbase.

The current market cap of Acet is £3.368M. A high market cap implies that the asset is highly valued by the market.

The all-time high of Acet is £1.31. This all-time high is highest price paid for Acet since it was launched.

Over the last 24 hours, the trading volume of Acet is £3.507K.

Assets that have a similar market cap to Acet include KiboShib, Venus LTC, Aavegotchi, and many others. To see a full list, see our comparable market cap assets.

The current circulating supply of Acet is 1.3 billion.