The Acala network is buzzing with innovation as four active proposals aim to enhance usability, engagement, and value across the ecosystem. Let’s take a closer look at these groundbreaking initiatives and what they bring to the table:

1️⃣ Polkalottery on Acala — Base Deployment Phase I

Polkalottery is gearing up to launch a decentralized lottery platform, laying the groundwork for an engaging user experience:

Risk Mitigation: A governance-compliant payment strategy for all stakeholders.Future Expansion: Phase II could introduce a dedicated Polkalottery section with exclusive branding and direct ticket purchases.MetaMask Integration: Enhanced wallet management through EVM+ compatibility.
🎯 Goal: Attract more users to Acala’s ecosystem.

⏰ Voting Ends: Dec 30, 2024
🔗 Vote here
🔗 Detailed proposal

2️⃣ DamnDao on Acala

DamnDao combines advanced trading algorithms with a DAO framework to leverage Acala’s EVM+ infrastructure:

DAMN Token Integration: Cross-chain transfer and DAMN/ACA liquidity pool creation.Airdrops: Rewarding Acala staking users (2% DAMN tokens) and LDOT holders (1%).Staking Rewards: A dedicated staking page to incentivize DAMN holders.
🎯 Goal: Boost engagement and contribute to Acala’s growth.

⏰ Voting Ends: Dec 30, 2024
🔗 Vote here
🔗 Detailed proposal

3️⃣ AIWeb3 — Acala Ecosystem Content Creation and Promotion

AIWeb3 focuses on driving Web3 adoption via education and community incentives:

LOVA Token Utilization: LOVA/ACA liquidity pool creation and rewards to boost DEX trading.Content Incentives: Supporting high-quality Acala-related content.Community Growth: Attracting developers, users, and creators with LOVA rewards.
🎯 Goal: Expand Acala’s user base and community impact.

⏰ Voting Ends: Dec 27, 2024
🔗 Vote here
🔗 Detailed proposal

4️⃣ Meme & dApp Contest

A creative and technical contest to energize Acala’s ecosystem:

dApp Development: Encouraging developers to leverage Acala’s EVM+ for new applications. Meme Creation: Inspiring creatives to produce engaging Acala-focused memes. Rewards: A total prize pool of 6,000,000 ACA over six months, with monthly prizes for the top 5 projects.
🎯 Goal: Foster innovation and expand the ecosystem’s reach.

⏰ Voting Ends: Jan 2, 2025
🔗 Vote here
🔗 Detailed proposal

Conclusion

These four proposals showcase Acala’s dedication to innovation, community engagement, and ecosystem growth. From decentralized lotteries and advanced trading systems to content creation and creative contests, Acala is setting the stage for a vibrant Web3 future.

🔗 Discover More About Acala: acala.network