Proposal for ACS and ACSI Merger

Objective: To enhance the sustainability and simplicity of our Tokenomics, we propose the merger of ACSI into the newly transformed ACS token. This initiative builds upon the progress made during the ACS Migration following the Multichain.org incident, where we successfully deprecated the ACS Vault, resulting in a cessation of emissions and a transition to a deflationary ACS token.

Proposal Details: Migration Ratio:

• We suggest migrating ACSI to ACS at a fixed rate of 4 ACSI to 1 ACS. This rate aligns with the trading price observed just before the MultichainOrg incident and the subsequent recommendation for users to remove liquidity for both ACS and ACSI, given their shared liquidity pool. Emission Cessation and Fee Removal:
• Cease all emissions for ACSI to align with the deflationary nature of ACS.
• Remove the protocol fee for liquidity providers (LPs) associated with ACSI products.