Acala Announces Liquid Crowdloan DOT (lcDOT) to Give Polkadot Crowdloan Participants Ongoing Access…

lcDOT joins Acala’s suite of derivative products to enable new DeFi use cases within Acala’s DeFi Economy Dan Reecer Oct 13 · 4 min read Update: Parachain slot auctions have been officially announced by Polkadot to begin on November 11th, so you can now begin unbonding your DOT in preparation for the Acala Crowdloan. Acala, … Read more

Acala Treasury Raises Over $61M from 26k+ Contributors Ahead of Acala’s DeFi Smart Contract…

Dan Reecer Sep 8 · 4 min read Acala has successfully completed the Build Acala: Ready the Treasury event, garnering over $61M USD in contributions from over 26,000 community members around the world. This $61M will be donated from the Acala Foundation to the on-chain Acala Treasury, Acala’s Protocol DAO, upon launch of Acala on … Read more

‘Tree’ from NUTS Finance Receives First Acala Grant, Bringing a Stable Asset Protocol to Acala’s…

Dan Reecer Sep 7 · 4 min read 🌲 Tree from the NUTS Finance team has been accepted as the inaugural Acala Ecosystem Grant recipient (see Grant proposal). Tree is a synthetic asset protocol designed for optimizing liquidity fragmentation to increase asset usability in the Polkadot ecosystem. Tree is powered by the Stable Asset system, … Read more

Scale Ethereum-based DeFi to Polkadot with Acala EVM+, Now Fully EVM-Compatible with Full Access to…

Any Ethereum DApp can deploy to the Acala EVM+ in a fully Ethereum compatible environment with tooling like MetaMask, Truffle, and Waffle Dan Reecer Aug 19 · 6 min read The Acala engineering team has configured the custom-built Acala EVM+ to now provide a development environment analogous to Ethereum and a fully Ethereum-compatible experience for … Read more

Karura token holders vote to enable the Karura Dollar (kUSD), the first stablecoin on Kusama | KAR…

Karura’s stablecoin minting is enabled, along with the new KSM/kUSD liquidity pair, and KAR liquidity mining rewards. Dan Reecer Aug 6 · 7 min read TL/DR: The Karura community has passed a vote to enable a network upgrade that enables minting of the Karura Dollar (kUSD), enables the KSM/kUSD pair on Karura Swap, and enables … Read more

Acala Ecosystem Update — June 2021

Dan Reecer Jul 9 · 4 min read After months of building and educating our community on the novel framework for parachain auctions and crowdloans, our team ended June 2021 in celebration, as Karura officially secured the first public parachain slot on Kusama! The achievement was no small feat, as Kusama required competing teams to … Read more

Karura Wins First-Ever Parachain Slot Auction in Kusama & Polkadot Ecosystem, Brings DeFi Platform…

Karura wins auction with over 500k KSM contributed in the community-backed crowdloan — launch rollout process has begun Dan Reecer Jun 22 · 4 min read After over two years of technical development efforts from the Acala team and almost a year of community and brand building, Karura has won the first-ever parachain slot auction … Read more

Acala Ecosystem Update — April 2021

Dan Reecer May 11 · 5 min read April was a month highlighted by a few key events that will help shape the direction of both Acala and Karura’s networks — most notably our grant from Compound Grants, our integration with Chainlink oracles, and our partnership with Gauntlet. We also completed our first Build Acala … Read more

Acala Team Receives Fifth Web3 Foundation Grant for ‘xTokens,’ Providing Cross-Consensus Messaging…

Acala‘s xTokens grant follows the team’s previously awarded grants for the aUSD stablecoin, Acala EVM, LaminarChain, and Reusable Libraries Dan Reecer May 5 · 3 min read Acala has delivered all milestones for the Web3 Foundation grant we received for our xTokens pallet, which brings cross-consensus messages (XCM) ability for fungible assets to all parachains … Read more

Karura Integrates Chainlink Price Feeds for Acala’s Kusama-based DeFi Hub

Dan Reecer Apr 21 · 5 min read We are excited to announce that Karura, the DeFi parachain built for Kusama by the Acala Foundation, has integrated Chainlink Price Feeds. Chainlink’s industry-leading decentralized price oracles provide Karura smart contract developers with tamper-proof, hyper-reliable, and precise financial market data directly on-chain. Developers can use that data … Read more