ACoconut is a suite of open protocols designed to enable frictionless movement of liquidity between decentralized systems. ACoconut is made up of acBTC and BTC+ protocols.
BTC+ - a positively rebasing synthetic BTC made up of pegged BTC tokens and interest bearing tokens. Designed to provide global interests, stable peg against BTC and composability with DeFi protocols.
acBTC - a composite Bitcoin up of a basket of pegged BTC assets. Designed for frictionless transfer of BTC liquidity across blockchain networks.