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About Auctus
Auctus (AUC) is a decentralized financial application that aims to bring on-chain options to the DeFi ecosystem. By making options transferable, fungible, and ready for further DeFi integrations, Auctus allows users to exercise options at their discretion before expiration. This non-custodial platform ensures that users maintain control of their funds without any counterparty risk, as all positions are fully collateralized. The Auctus protocol smart contracts have undergone rigorous internal testing and independent security audits to ensure top-notch security.
AUC is the native token of the Auctus network and is directly tied to its success. The Auctus black hole mechanism utilizes 50% of fees to buy AUC and the other 50% to provide support and liquidity for AUC on decentralized exchanges (DEXs). Governance rights are set to be introduced in 2021, giving AUC holders a say in the future direction of the network. The Auctus team, with a wealth of experience in software development, employs an agile approach to deliver exceptional DeFi products.
To buy AUC and become a part of the Auctus community, interested individuals can connect with the team, participate in discussions, and contribute to the future of decentralized financial applications. It’s important to note that the AUC Token Sale, including its terms and conditions, should not be considered a prospectus or offering document nor an offer to sell or buy any investment, security, or financial instrument. AUC Tokens are regarded as software products under the laws of the British Virgin Islands. They are not intended to represent any form of money or financial representation in any jurisdiction.
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