ACycle is the fourth-generation algorithmic stablecoin system. Before this, there have been many popular algorithmic stablecoins such as AMPL, CRV, BAS, but they all have an awkward situation of driving high and low.
ACycle tried to solve this problem by introducing four currency circulation systems: ACycle Fund (ACF), ACycle Governance (ACG), ACycle Bond (ACB), and ACycle Cash (ACC) to maximize the participation of community users and create long-term value Algorithmic stablecoin
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