$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
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.