Applications

acBTC ecosystem is a single-asset, multi-applications system. The applications include but not are limited to swap, savings and loan.

Saving

acBTC is integrated with a built-in saving application, the acVault. acBTC holders can earn yield by staking acBTC into acVault. Currently this yield comes from transaction fees from acSwap. When more applications are built around acBTC, it’s expected that acBTC holders can gain a better yield with more sophisticated strategies. For more information, please refer to section acVault.

ERC20 BTC Swap

acBTC is integrated with a built-in ERC20 BTC swap. acSwap provides swap functionality between any pair of underlying ERC20 BTC tokens. Swapping between acBTC and any underlying tokens is essentially the mint/redeem process of acBTC. For more information, please refer to section acSwap.

Cross-chain BTC Swap

acBTC can also be used as the medium of exchange between native BTC and any ERC20 BTC. By building a cross-chain swap application between native BTC and acBTC, we could extend this application into a cross-chain swap application between native BTC and any ERC20 BTC token by integrating with acSwap. For more information, please refer to section xcSwap.

Loan

For more information, please refer to the section acLoan.