🐟 Launching the First Meme Coin on #Acala Network! 🐟
🌟 Proposal Passed!
On November 21, the Acala community voted on a proposal to launch Nemo, the first meme coin on the network, and we’re excited to announce that the vote has passed today! This initiative aims to inject new energy into the Acala ecosystem and position #Polkadot at the forefront of the meme coin movement.
💡 Why It Matters:
Meme coins have proven to be a powerful force in the crypto world—uniting communities and driving engagement. Nemo will:
✅ Boost $ACA demand through increased transaction volumes.
✅ Energize AcalaSwap with fresh liquidity.
✅ Burn ACA tokens as the meme coin ecosystem grows.
✨ What’s Next?
With 1 billion Nemo tokens in total supply, 99% will be used to launch the fair, community-driven coin on AcalaSwap. The grant of 600,000 ACA ($50K) will fund:
- LP pool creation
- Market-making & liquidity support
- Marketing to amplify awareness
🔗 Partnerships & Community Growth:
Collaborations with leading Polkadot broadcasters like Polkaworld and AIWeb3 will help spread the word and drive adoption, ensuring this meme coin takes off with the Acala community leading the charge!
📈 A Bright Future for Acala
With the proposal now approved, the stage is set for Nemo to kickstart a “meme super cycle” within the Acala and Polkadot ecosystems. Get ready for a new wave of excitement, innovation, and community-driven growth!
