Fiat currencies
Crypto Currencies
No results for ""
We couldn't find anything matching your search.Try again with a different term.
- Contracts:
Acumen Price (ACMN)
-200% Bonus19,000,000 ACMN
19,000,000 ACMN
Acumen ACMN Acumen (ACMN) Chart
Acumen (ACMN) Return On Investment(ROI)
What Is Acumen(ACMN)?
The Acumen protocol is an autonomous, non-custodial interest rate protocol native to the Solana blockchain that uses algorithmically set interest rates to enable open financial applications.
Acumen facilitates seamless interest-earning by establishing decentralized money markets, which are pools of assets with algorithmically set interest rates based on the supply and demand of loanable funds. Acumen engenders the ability to earn interest on your SPL tokens by connecting suppliers and borrowers of assets together. The Acumen protocol is inspired by Compound and Aave. Interest rate models and the architecture have been modeled off these protocols.
How Acumen Works?
A major problem that plagues most DeFi protocols on the Ethereum blockchain are gas fees. Since Acumen is natively built on Solana, Acumen can attain the network’s sub-second finality and the average transaction fee of $0.0001, making the protocol faster and more efficient while at the same time saving money. Speed and cost is an essential component for lending protocols; if gas fees are too high it makes basic transactions unprofitable and ineffective. By leveraging Solana, we are able to remedy the problem that plagues most lending protocols on the Ethereum blockchain and make micro lending a profitable reality.
Acumen protocol also has other use cases. Individuals who are bullish on a specific asset can use the protocol to earn additional returns on their investment by supplying assets in the protocol. For example, if someone was bullish on SOL, they can lend out SOL and earn interest on it. Conversely, the Acumen protocol can also be used to short tokens. For example, if an individual believes that token X will depreciate, they can borrow asset X sell it for a stablecoin, and when asset X depreciates, buy it again, repay the loan and keep the difference.
Individuals can also benefit from the easy-to-use liquidation platform (covered more in-depth later on). In order to be a liquidator on most protocols, one must have an innate knowledge of smart contracts to code and launch their own bot. Acumen makes liquidation easier by allowing users to see all undercollateralized loans. From the liquidation tab, users can then choose which loans they want to liquidate. Essentially, buying their assets at a discounted rate, this will be discussed further in the documentation.
Acumen (ACMN) Community
- Twitter: https://twitter.com/Acumenofficial
- Discord: https://discord.gg/UXDnngxRmn
- Medium: https://acumenofficial.medium.com
- Telegram: https://t.me/AcumenOfficial
What is Acumen (ACMN) Contracts address?
Acumen FAQ
What is the price of Acumen (ACMN) token?
CoinCarp does not currently have price data for Acumen as it has yet to be listed on any cryptocurrency exchanges (CEX or DEX). Once Acumen is live on an exchange, CoinCarp will provide real-time Acumen (ACMN) token prices from different exchanges.
Is Acumen (ACMN) token a good investment?
It depends on your personal risk tolerance and investment goals. Acumen is a cryptocurrency that is highly volatile and therefore may not be suitable for all investors. Before investing, please do your own research about cryptocurrencies, crypto wallets, cryptocurrency exchanges, and smart contracts, and it is crucial to understand the risks and potential rewards of investing in cryptocurrencies..
If you decide to get involved in Acumen investing, you will also need to understand the Acumen project's white paper, team background, tokenomics, and the overall market environment.
Where can I buy Acumen (ACMN) token token?
CoinCarp's tracking data suggests that the Acumen is currently not available for purchase on a cryptocurrency exchange. While you may be able to purchase Acumen from other traders through Over-the-Counter (OTC) trading, the risks associated with this method are considerable. We strongly advise you to do your own research and understand the risks involved before engaging in any trading activities for Acumen.
How to short Acumen (ACMN) token?
According to CoinCarp's tracking data, no crypto exchange yet supports Acumen contracts or ETF trading. so you can't short Acumen
What will Acumen (ACMN) token be worth in 5 years?
It is impossible to predict what Acumen will be worth in five years. The cryptocurrency market is highly volatile and can be affected by a variety of factors, such as US dollar policy, government regulations, technological progress, market sentiment, Acumen's circulating supply and the development of project ecology. Therefore, it is impossible to accurately predict the price of Acumen 5 years from now.
ACMN Price Statistics
Acumen Price
--
Price Change24h
--
24h Low / 24h High
--
Trading Volume 24h
--
Volume/Market cap (24h)
--
Market Dominance
--
Market Cap
--
Fully Diluted Market Cap
--
7d Low / 7d High
$0 / $0
30d Low / 30d High
$0 / $0
90d Low / 90d High
$0 / $0
52 Week Low / 52 Week High
$0 / $0
All Time High
$0
All Time Low
$0
