Few days ago, I shared an update on the TVL of the Acala LDOT - $JTO pool, which stood at $859.42k.

Today, that pool has surpassed $1M in TVL, a remarkable milestone! This growth directly impacts the APY, which is now at an impressive 86.29%.

Personally, I prefer staking my LSTs rather than leaving them idle in my wallet. Acala continues to raise the bar in decentralized finance.
Personally, I prefer staking my LSTs rather than leaving them idle in my wallet. Acala continues to raise the bar in decentralized finance.

The JitoSOL and LDOT-JitoSOL pools on @Acala Euphrates are showing strong performance with impressive metrics:

TVL for $JTO pool: $262.98k
TVL for LDOT-JitoSOL pool: $859.42k

These pools have been performing well. The LDOT-JitoSOL pool went live a few days ago. Check the image below for the reward percentages and stay updated on their progress.
Also keep an eye on $ACA 👀

Acala is among the top protocols with the highest 7-day growth in monthly active users. Also the votes on the proposal for the first memecoin on the Acala Network is nearing its conclusion, with just a day hours left. It's an intriguing development, and I’m looking forward to seeing the outcome.
Here are exciting times in the Acala ecosystem!

More developments🚀
More developments🚀
More utility
More liquidity
Big ups for $ACA

I’ve always believed $ACA has the potential to hit a new ATH, and the signs are becoming clearer. Just a few days ago, $ACA surged by 100%, and while a retracement followed which is normal in the crypto space. It showed strong performance with 28% increase few hours ago.

Exciting developments are happening within the Acala ecosystem. A #meme_coin might soon make its debut on the Acala Network, marking a significant milestone as the first memecoin on the network. This could spark a 'meme season' in the ecosystem, possibly driving a meme supercycle.

The proposal for this is currently under community voting, and the sentiment so far leans toward approval. If passed, it will enhance liquidity more and bring new utility to the Acala ecosystem. Keep an eye on this, it’s an exciting time for Acala!

$BTC continues to reach new ATH, and a $100k
milestone seems within reach!🚀

Meanwhile, the Acala ecosystem is heating up. If you've seen my previous post, you know about the ongoing Acala x Fufuture test trade campaign, which ends today, November 21st. The main launch of the platform is set to happen next week or possibly even sooner! With this platform, you can open trades based on your predictions of #BTC and #ETH price movements. It's not only engaging but also offers opportunities to earn extra $ACA rewards.

Additionally, the new LP pool ( LDOT-$JTO ) which went live recently is performing well. The rewards are impressive, and a detailed guide on how to participate is available on Acala. This pool allows users to swap between LDOT and JitoSOL on the Acala DEX, providing a reliable and efficient liquidity option.

Acala is making rapid progress, adding more use cases and liquidity to its ecosystem. It's an exciting time to be part of this journey.

$ACA is up 100%, showing remarkable performance. With the ongoing developments in the Acala ecosystem, many are observing its growth closely. Acala serves as the liquidity layer of DeFi and has a unique utility.
The ecosystem's focus on sustainability and community-centric initiatives has been a key highlight🔝

Trading of ACA will soon go live on fufuture, allowing users to open positions based on #ETH or $BTC movement. For now, we’re still testing and this test phrase is ending on the 21st of November.
Stay informed and always do your own research.

Acala, as the Liquidity Layer of DeFi, continues to grow with increasing $ACA staked, helping secure the ecosystem.
I’ve been exploring staking on the platform and testing on the Fufuture trading platform for $BTC / TACA, which is still ongoing.
The new LP pool [ LDOT - $JTO ] is live, adding liquidity and fueling ecosystem growth

$BTC has hit a new ATH🚀

Acala partnered with Fufuture few days ago and are having an ongoing trading campaign and positions are opened based on BTC and $ETH movement.📈

Definitely trying that out with the test tokens from the faucet and I’m going long cos I’m bullish on BTC kinda wish I tested that last week😁

Let’s see if I win some $ACA

It’s looking like upward season! 🚀
In my view, $ACA is showing strong momentum, and the $JTO - LDOT liquidity pool is live with some appealing APR. Personally, I'm happy with how things are shaping up, but remember, always DYOR
We flying💎

The LDOT - $JTO liquidity pool has launched, adding more flexibility and liquidity options within the $ACA ecosystem. I’m excited to explore more flexibility and liquidity options!

A few hours to go, and $JTO and LDOT pool bootstrap has reached 165.59%.
The launch of the LP pool is coming up, with an anticipated APR that's looking promising (as shown in the image).
With these developments, the $ACA ecosystem is set for exciting activities ahead🔥

Soon the Acala Network will be introducing a new upgrade to its Euphrates App, a liquid staking platform. This addition aims to enhance liquidity on the Euphrates App and enable trading for $JTO and LDOT tokens, providing more DeFi opportunities with added incentives and expanding the integration of JitoSOL.

Currently, the $JTO and LDOT bootstrapping phase is live, working toward reaching the target liquidity goal before the deadline (as shown in the image below). Once this is achieved, the LP pool will launch automatically, potentially offering APY rewards for early liquidity providers.

This upgrade is expected to increase liquidity for $ACA and bring super cool opportunities in Acala's DeFi ecosystem 🔥

$ACA is the utility token of Acala Network, a project built on Polkadot. Acala aims to be the liquidity layer of DeFi and it’s realizing this vision. With a capped supply of 1.6 billion, ACA empowers holders to stake and provides them with staking APY making it an even stronger asset for participants in the ecosystem. Holders can participate in governance, where they vote on key decisions. Additionally stakers contribute to securing Acala’s products, adding resilience to its DeFi infrastructure.

#MyFirstSquarePost New to Binance Square, thrilled to share and connect with everyone here!