Acala
Acala Network is a decentralized finance hub and stablecoin platform powering cross-blockchain liquidity and applications.
All edits by Roman Lipovka
Acala
Acala on Polkadot network. Acala's all-in-one DeFi platform to helps you stake, swap, borrow, lend, earn, and more - all with micro gas fees.
About
Acala is the all-in-one DeFi hub of Polkadot. Acala is an Ethereum-compatible platform for financial applications to use smart contracts or built-in protocols with out-of-the-box cross-chain capabilities and robust security. The platform also offers a suite of financial applications including: a trustless staking derivative (liquid DOT), a multi-collateralized stablecoin backed by cross-chain assets (aUSD), and an AMM DEX – all with micro gas fees that can be paid in any token.
Tokens: ACA
W3F Grants:
A decentralized stablecoin platform —
Completed
Bodhi:Composable & Innovative Stack for EVM — Completed
xtokens - XCM Implementation for Fungible Assets — Completed
Auctions & Crowdloans
Auction 1: WINNER
Slot #2: leasing December 17, 2021 - October 20, 2023
Project auction info: auction details
Funds raised: 32 515 980 DOT ($569 354 814)
Contributions: 24 934
Reward: 1 DOT : 4.61+ ACA
Reward pool: 170m of 1b (17%)
20% of ACA will be available to claim immediately
80% of ACA will vest/unlock linearly (every block) over a 96 week period
5% referral bonus
Acala
Acala Network is a decentralized finance hub and stablecoin platform powering cross-blockchain liquidity and applications.
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