Acala is a specialized stablecoin and liquidity blockchain that is decentralized, cross-chain by design, and future-proof with forkless upgradability. Acala stablecoin protocol uses multi-collateral-backing mechanism to create a stablecoin soft-pegged to the US Dollar. The Acala stablecoin protocol is essentially a decentralized monetary reserve that creates a stable currency from a basket of reserve assets, where holders of the reserve assets can spend, trade, access other services without price volatility while retaining their exposure to (without selling) the reserve assets. Acala powered by Polkadot is cross-chain by nature. The reserve assets can be Polkadot native asset (DOT and DOT-derivatives), Acala native asset (ACA), and cross-chain assets like Bitcoin (BTC) and Ether (ETH). Acala stablecoin can be trustlessly integrated by other blockchains connected to Polkadot as well as applications on those chains. The Acala ecosystem continues to expand with a network of decentralized protocols, applications and parachains.
Founded by the Acala Foundation, Karura is a scalable, EVM-compatible network optimized for DeFi. The platform offers a suite of financial applications including: a trustless liquid staking token protocol (liquid KSM), an AMM DEX and an app platform that is EVM-compatible and highly customizable (based on Substrate) – all with micro gas fees that can be paid in any token.
Acala Platform is a decentralized finance network that provides a range of financial services including staking, swapping, bridging, and liquid staking. It aims to bring financial stability and liquidity to the decentralized finance ecosystem.
Acala Platform is a decentralized finance network that provides a range of financial services including staking, swapping, liquid staking, and governance. It aims to bring financial stability and liquidity to the decentralized finance ecosystem.
Acala is a decentralized finance (DeFi) platform that serves as the all-in-one DeFi hub of Polkadot, offering various financial services such as staking, swapping, and bridging assets.
Euphrates allows users to stake DOT and convert it into liquid staking tokens (LSTs) such as LDOT and tDOT, which earn staking rewards and can be used in DeFi applications. The platform is part of the Acala ecosystem and offers various pools with different APRs.
Acala Platform is a decentralized finance network that provides a range of financial services including staking, swapping, and liquid staking. It operates on the Polkadot network and aims to bring financial stability and liquidity to the blockchain ecosystem.