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Euphrates

Euphrates is a yield aggregator on Acala that allows users to deposit liquid staking tokens into reward pools to earn base staking returns, ACA incentives, and loyalty bonuses. The platform supports DOT-based LSTs including LDOT and tDOT, as well as cross-chain tokens such as JitoSOL and rETH. A time-weighted loyalty bonus mechanism redistributes early withdrawal forfeitures to long-term participants.
Category: Yield Aggregator
TVL: $217K

Acala Foundation

Acala Foundation operates Acala Network, a customizable, EVM-compatible appchain designed as a liquidity layer for Web3 finance. Acala provides backend infrastructure and built-in financial tools including the Universal Asset Hub, decentralized exchange, DOT liquid staking, multichain asset routing, staking, governance, and aSEED functionality. It supports developers building Solidity or Substrate applications and runs an ecosystem program providing funding, technical, and growth support to early-stage teams integrating with Acala network and protocols.
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Funding Rounds

Funding Round: Ecosystem Foundation raise
Funding Date: 25 Mar, 2022
Raised Amount: $250M
Funding Round: Public Sale
Funding Date: 1 Sep, 2021
Raised Amount: $93M
Funding Round: Series A
Funding Date: 1 Aug, 2020
Raised Amount: $7M

Investors