Acala Network ACAPrice $ 0.0277

What is Acala？

Acala is the all-in-one DeFi hub of Polkadot. Acala is an Ethereum-compatible platform for financial applications to use smart contracts or built-in protocols with out-of-the-box cross-chain capabilities and robust security. The platform also offers a suite of financial applications including: a trustless staking derivative (liquid DOT), a multi-collateralized stablecoin backed by cross-chain assets (aUSD), and an AMM DEX – all with micro gas fees that can be paid in any token.

Stable Currency

• Multiple-asset-backed decentralized digital currency without volatility. Stable by design, aUSD enables borderless and low-cost value transfer globally across all connected blockchains.

Staking Liquidity

• Release staked assets (DOTs) as fungible & liquid assets (L-DOTs), extracting the derivative value of staked assets to fuel DeFi without sacrificing the security of the whole network.

Powered by Polkadot

• Acala Network is secured under Polkadot's shared security model, ensuring high resilience and forkless upgradability.

Influence by Ownership

• A decentralized network governed entirely by Acala Network Token (ACA) holders to achieve a transparent future: a future based on more truth and less trust.

Acala Apps

An all-in-one DeFi service center

Borrow

• Borrow aUSD and manage outstanding loans

Earn

• Earn interest on aUSD

Trade

• Trade tokens on Decentralized Exchange

Govern

• Participate in governance by ACA holders