Important Notice
Deposits and withdrawals are not currently available for this coin.
Auctus is a decentralised financial application platform that focuses on blockchain-based retirement plans and prediction markets. It allows users to create diversified portfolios and make predictions on various topics, including sports events, political outcomes, and financial markets.
Auctus operates on the Ethereum blockchain, utilising smart contracts to facilitate decentralised prediction markets and options trading. These smart contracts were audited by Open Zeppelin to ensure security and have undergone rigorous internal testing. Auctus supports a decentralised exchange, allowing users to trade Auctus tokens and other supported cryptocurrencies directly from their wallets.
Auctus offers multiple use cases, such as decentralised prediction markets where users can make predictions recorded on the blockchain for tamper-proof and public verifiability. It also supports options trading, making them transferable and fungible for further DeFi integrations. Additionally, Auctus provides a platform for decentralised retirement planning, leveraging blockchain technology to enhance security and transparency.
Auctus was founded in 2017 as a decentralised, non-custodial options protocol built on Ethereum, aiming to offer a trustless and decentralised method for trading, minting, and exercising call or put options. Significant milestones in its history include reaching an all-time high price of $1.27 in 2018 and experiencing an all-time low in 2021. The platform has evolved into a decentralised options protocol and introduced mechanisms for utilising fees to support and provide liquidity for AUC on decentralised exchanges.