In 2020 Auctus has shifted all efforts to develop new on-chain applications instead of focusing on previous products developed. [Auctus is shifting focus to DeFi](https://blog.auctus.org/auctus-is-shifting-focus-to-defi-new-product-being-developed-no-loss-crypto-investing-platform-331331dac840). Auctus is now a decentralized options protocol. Users can mint call and put options for different markets at different strike prices, and trade options in a trustless and decentralized manner without having to rely on any third party. Each option series is integrated through an ACOToken contract, which is ERC20-compliant, making options transferable, fungible, and ready for further DeFi integrations. To ensure top-notch security, Auctus protocol smart contracts were audited by Open Zeppelin and have undergone rigorous internal testing. Auctus currently offers an options DEX, options AMM, OTC options, and automated options vault strategies. AUC is an ERC20 token that serves as a currency on Auctus' platform.
