Acala
@AcalaNetwork
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Acala is an appchain powering Web3 finance. DeFi on @Polkadot. ➡️ https://t.co/ELRxR5xLPd
Joined September 2019
Builders everywhere, it’s official! The Acala Meme and DApp Contest launches this February with a massive 6,000,000 $ACA prize pool. Whether you're a meme creator or a DApp developer, build on Acala EVM+ for a chance to win $ACA. Registration:
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With over 32M DOT contributed by over 81,000 community members, Acala has won the first parachain auction on @Polkadot! . Thank you to everyone who took part in this historic event. (1/3)
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Get your piece of @AcalaNetwork and earn up to 10% in bonus crypto in the Acala Crowdloan. Join the waitlist:
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The Acala Crowdloan waitlist is open!. To celebrate, we're launching a competition & ACA giveaway. Sign up now to get your piece of @Polkadot's DeFi hub before launch🥧.
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🎁 @MathGiveaway 0.052 $BTC($330) & 200 $KSM ($400) to 21 winners #win at random.1. Follow @AcalaNetwork @kusamanetwork .2. Tag 3 friends.3. Retweet.Tracking & Claim 👉 Time: 2020.3.30 ~ 4.12.
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💫 ACA token transfers will be enabled on January 25th at roughly 5am UTC. Timing will vary based on block time. Be on the lookout for a crowdcast this week with updates on Phase 1 of the launch, as well as an announcement about a new product coming to @AcalaNetwork very soon!.
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Acala's sister network, @KaruraNetwork, is gearing up for the Crowdloan, Parachain Auction, and Launch as the DeFi Hub of @KusamaNetwork! . Join the Karura Crowdloan Waitlist as soon as you can to be eligible for the Crowdloan referral program and prizes 💪.
Karura Crowdloan Waitlist Now Open!. Karura will soon host a Crowdloan to bootstrap the parachain auction for the DeFi hub of @KusamaNetwork. Compete for KAR Crowdloan bonuses up to 25% and an Apple iPad. Everyone with 130+ entires wins 3 KAR. Go.
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🎁 @MathGiveaway 0.0498 $BTC ($330) to 20 winners #win at random.1. Follow @AcalaNetwork.2. Tag 3 friends.3. Retweet.Tracking & Claim 👉 Time: 2020-03-24 14:35 ~ 03-28 14:35.
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Acala, nine parachain teams, and a group of venture funds have launched the $250 million 'aUSD Ecosystem Fund' 🅰️💸. The fund is seeking early-stage projects from any @Polkadot or @KusamaNetwork parachain with strong $aUSD stablecoin use cases 🚀.
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Congratulations to @MoonbeamNetwork on securing a parachain slot on Polkadot! The future of @Polkadot is stronger than ever. We look forward to joining you on the Relay Chain on December 18th 💪.
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🚀 The Acala Crowdloan is now live! Get your piece of the network before it launches on @Polkadot. Join now:
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⚓ 🌖 Acala & @Anchor_protocol are integrating to grow the decentralized stablecoin market and unite the @Polkadot and @terra_money DeFi ecosystems! . The integration of Anchor with Acala & @KaruraNetwork is made possible by @wormholecrypto. More👇
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We have noticed a configuration issue of the Honzon protocol which affects aUSD. We are passing an urgent vote to pause operations on Acala, while we investigate and mitigate the issue. We will report back as we return to normal network operation.
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Acala has successfully onboarded its parachain to @Polkadot initiating Acala's genesis, a monumental first step in the launch process! . Thank you to the 830k community members who have supported Acala on this journey. The launch roadmap is now underway.
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💫 Acala NFTs have been distributed! . If you participated in the crowdloan on the Acala website or completed Acala Quests, you now have your exclusive NFT. Find yours at in Portfolio > Collectibles > All
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6 days left to join the waitlist for the upcoming @KaruraNetwork Crowdloan, which will bootstrap Karura's parachain auction to gain a slot on @kusamanetwork. Thank you to the 3,800 of you who have already shown your commitment on the Waitlist!. Join now:
There are now 3,800 people on the Karura Crowdloan Waitlist and over 1.5M entries in the competition!. ⏳You have 6 more days to join the competition and sign up for the Waitlist to be eligible for the Crowdloan referral program and KAR bonuses up to 25%.
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🎉 @origin_trail will launch its Decentralized Knowledge Graph (DKG) on Acala!. The integration brings OriginTrail, the "Google of Web3," to Acala developers, allowing its network of physical & digital assets to be queryable and indexable.
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It's time to start turning the lights on in the Acala DeFi ecosystem! 🔆. Here's everything you need to know:.
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You can now scale your Ethereum DeFi project to @Polkadot on the fully EVM-compatible Acala EVM+ for access to hundreds of thousands of new users and billions in new TVL, using the same tooling, like Truffle and MetaMask, that you're used to. Read more 👇.
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👾 Meet the vibrant community of projects building on Acala. For a detailed look at the ecosystem visit:
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Announcing the launch of $aUSD, Acala's decentralized, multi-collateral stablecoin 🎊. aUSD is the core of Acala’s DeFi economy, and will serve as the decentralized stablecoin that powers the @Polkadot ecosystem.
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Congratulations to @AstarNetwork on a well-deserved parachain slot win! We couldn't imagine better company for the December 18 launch process. See you on @Polkadot! 🚀.
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🪱🕳️ Acala & Karura are integrating with @wormholecrypto, making the parachains the cross-chain liquidity gateway into @Polkadot and @KusamaNetwork for @avalancheavax, @BNBCHAIN, @ethereum, @FantomFDN, @OasisProtocol, @0xPolygon, @solana, and @terra_money!.
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We have identified the issue as a misconfiguration of the iBTC/aUSD liquidity pool (which went live earlier today) that resulted in error mints of a significant amount of aUSD.1/.
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Acala's utility token ACA is now transferable enabling the community to send, receive, and participate in on-chain governance. For more details on how ACA powers @Polkadot's DeFi parachain:
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Acala has secured the first spot to launch on @Polkadot in December!. We are hiring across engineering (Solidity & Rust), product, operations, growth, and more. Apply today to join the team and help build the financial system of Web3:
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Acala has won the first parachain slot auction on @Polkadot testnet Rococo, and now Acala occupies the first public parachain slot on Rococo 🥳. Keep on building 🛠️
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Crowdloan reward distribution is now in process. Listen as @danreecer_ shares when you can anticipate token distribution and token transfers on Acala. Watch the full video here: .
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Acala is now #ComposableWith @MantaNetwork - This testnet integration paves the way for cross-chain DeFi use cases between the two parachains, coming soon to @Polkadot. Read more in the blog: Demo video ⤵️
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Acala and @MoonbeamNetwork have launched the first cross-parachain connection on @Polkadot! 🦾. This allows communication of messages and tokens like $aUSD between parachains with:.- No bridge risk.- No trust.- Unified security provided by @Polkadot. Builders build ⚒️.
1/ 🥇 @MoonbeamNetwork and @AcalaNetwork launch the first Polkadot cross-chain connection, allowing for native communications and token transfers between the two chains without the need for bridges!.
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The recently passed community governance referendum has now been executed. 1,292,860,248 total erroneously minted aUSD have been returned to the honzon protocol and burned. Details in thread below ⤵.
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The one-way bridge is live! 🚀 . You can now move your DOT from the @Polkadot Relay Chain to Acala in preparation for DeFi operations and liquidity mining incentives.
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✨Over 55,000 community members have contributed more than 10 million $DOT towards Acala's bid in the first @Polkadot parachain slot auction.✨. Thank you to the community for your support – let's make history!.
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With token transfers now enabled, @AcalaNetwork has cleared the first benchmark in its vision for a new open financial infrastructure that grants sovereignty, freedom, and access. Full Video:
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The latest episode in the @Polkadot: Behind the Code docuseries has been released, featuring #Acala co-founders @bettechentt, @ruitao_su, and @XiliangChen in Auckland, New Zealand 🇳🇿. Full episode:
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Happy New Year 🎆From Acala Network . Let's start the new year with excitement and an airdrop to 2025 Acala addresses! Provided by Acala and community built projects on our network! .$ACA $NEMO $LOVA $DAMN . To participate: .1⃣RT this post.2⃣Tag a friend you made in 2024.3⃣Share
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💦 Stay liquid while staking $DOT. The launch of DOT liquid staking on Acala with $LDOT will be here soon. Unstake your DOT from Polkadot to get ready!.
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✨ It's time to unstake your DOT from Polkadot. DOT Liquid Staking on Acala will be here soon!.
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Our ecosystem is growing! Check out the projects building on Acala. For a detailed look:
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With aUSD stablecoin, not only will the open protocol layer thrive, but so will the ecosystem of fintech products with Acala DeFi integrations 🚀 . Watch the full video:
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💧 Introducing Liquid Crowdloan DOT!. lcDOT enables Acala Crowdloan participants to receive a liquid lcDOT token 1:1 for all DOT locked in the crowdloan. Why wait 2 years for liquidity? Contribute & Stay Liquid, it's that simple.
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Acala recently launched Liquid Crowdloan DOT (lcDOT), a novel product enabling Acala Crowdloan participants to receive a liquid lcDOT token 1:1 for all DOT locked in the crowdloan. Contribute & Stay Liquid, no 2-year illiquidity. Learn how it works in this 17-tweet thread ↘️
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✨ The ACA Staking Program is live!. Users can now stake their ACA on Acala and earn staking rewards 🎉 .
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@MoonbeamNetwork @Polkadot Thank you, Acala is excited to launch alongside Moonbeam in December! 💪.
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We're pleased to announce an integration with @Chainlink to deliver its time-tested decentralized oracle solution to #Acala's launch on @Polkadot.
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🚀 The Acala ecosystem is growing! Take a look at the teams building across our network. For a detailed look at the ecosystem: To join one of our ecosystem programs:
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Congratulations to @ParallelFi on securing the fourth parachain slot on @Polkadot! We are excited to launch alongside you on December 18th. See you on the Relay Chain! 🚀.
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Acala and @Plasm_Network have completed the first successful cross-chain token transfer on @Polkadot's parachain testnet using cross-chain message passing (XCMP) 🥳. A giant step for the Polkadot and @KusamaNetwork ecosystem! It's happening 🔥.
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The Acala team will be in Miami next week!🌴. Looking forward to hosting the @Polkadot Happy Hour with @origin_trail, @hydra_dx, and @arringtonXRPcap on Wednesday💃
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✨ Earn more with Acala Quests!. Get bonus ACA rewards – and an exclusive NFT – by learning about @Polkadot and the Acala Crowdloan.
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Cross-parachain messaging is now live on @Polkadot!. Acala will begin opening communication channels with other parachains in the coming few days, which enables cross-chain message and token transfers, including $aUSD. Polkadot's multi-chain vision is becoming a reality 🌱.
After passing community vote, v0.9.19 has been enacted on Polkadot. This upgrade included a batch call upgrading Polkadot’s runtime to enable parachain-to-parachain messaging over XCM and upgrading #Statemint to include minting assets (like NFTs) and teleports.
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⚠️Crowdloan participants: accounts on @Polkadot are automatically deleted when they hold less than 1 DOT. Please be sure to keep at least 1 DOT in your account *after* contributing to crowdloans. E.g. to contribute 1 DOT, you will need 2.1 DOT (including 0.1 DOT for gas fees).
Make sure your account balance does not drop below 1 $DOT when you are contributing to crowdloans on @Polkadot
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✨ The SubQuery team has chosen the Acala EVM+ as its home on @Polkadot!. The upcoming launch of the @SubQueryNetwork will bring decentralized data indexing to the Acala and Polkadot developer ecosystem.
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📢 DOT transfers from Polkadot to Acala have been upgraded, now allowing 2-way transfers between the Relay Chain and parachain. Users can start transferring their DOT liquidity to Acala in preparation for DOT liquid staking. 💦.
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Looking for decentralized, self-custody staking with strong & consistent rewards: #Polkadot at 15-21%?. Check out #LDOT (Acala's #LST for #DOT) benefits 👇. Staking DOT: Or via #Euphrates with boosted yield (target 30-40%)
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A community governance referendum has been proposed and passed. At block 1652829 in approx. 35 minutes, 1,292,860,248 total erroneously minted aUSD will be returned to the honzon protocol and will be burned. Details in thread below:.
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✨ You can mint aUSD with DOT and LCDOT as collateral. Acala's core product, the aUSD stablecoin, has been enabled for minting. You can mint aUSD by opening a Collateralized Debt Position with DOT and LCDOT. To Mint aUSD: Guide:
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With five grants awarded by @Web3foundation, Acala has been contributing to the @Polkadot ecosystem since 2019. Learn more in the latest episode of Polkadot: Behind the Code.
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Looking for decentralized, self-custody $DOT staking?. Here's a quick 4-step guide on how to stake your $DOT on Acala in 10 minutes or less for over 25% in annual DOT reward rate ⤵️
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Below is a progress overview of aUSD error mint traces. We’ve located the remaining 1.7% (~52M) of 3.02B total, but much of the trace work has gone into analyzing txs of the involved addresses and movement of aUSD error mints. We look forward to publishing the findings asap.
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Acala believes in a multi-chain future where all parachains and applications shall be composable. @Polkadot and @KusamaNetwork parachain teams - who are you #ComposableWith? . Set up your composability with Acala: So far, Acala will be #ComposableWith:
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We're in the final stage tracing the last aUSD error mints. Once published, movements of all remaining aUSD error mints & involved addresses should be clear, & the community can decide how to deal with them. Thanks for the patience & support as we relentlessly crunch the numbers.
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🚀 It's time to Build Acala & Ready the Treasury. Join us for an exclusive network ownership event to strengthen the Acala Treasury & ensure Acala's long-term sustainability and growth. Registration opens 1:00 pm UTC on Sunday, August 15, 2021.
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📢 As Polkadot enables XCM, Acala is gearing up for DOT liquid staking. To prepare, the DOT bridge will undergo maintenance for ~48 hours starting on May 4th at 3 am UTC. During this period, users will not be able to transfer DOT to Acala. Please manage your vaults accordingly.
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A community proposal was submitted with reference to Incident Trace Report #1, followed by a referendum vote to return erroneously minted aUSD to Honzon protocol to be burnt from identified accounts. Community Proposal: referendum:
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We're gearing up for the Acala Crowdloan, an exclusive event to contribute DOT and earn ACA. Learn more about how you can get ready with our Crowdloan Checklist.
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⚡We're live! Join us for an update on the launch along with an exciting announcement on how you can further power your ACA within Acala's DeFi ecosystem.
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💥A new ACA staking program is set to go live next week!. Acala network owners will earn ACA-aUSD LP tokens (liquidity provider tokens) by staking ACA, enabling users to earn ACA, aUSD, and trading fees from network activity.
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Acala's mission is to build an open financial system that brings more accessibility, opportunity & prosperity to all. After 2+ years of building and innovating, we are now entering launch mode!. View our launch roadmap & learn what to expect👇.
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💧 The launch of Acala's DOT liquid staking is days away. Are you ready?. Prepare to earn by unstaking your DOT & moving it cross-chain to Acala. Use this guide for help sending your DOT to Acala:
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At approximately 4 am UTC, Bootstrap mode for ACA/aUSD will begin, marking the inaugural pair for ACA on Acala Swap. Bootstrap mode will last for 24 hours before 100k ACA liquidity rewards start for the pair. Guide: Get started:
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Incident trace report #1: This is the 1st published batch of trace results. The 1.288B erroneously minted aUSD have been identified and their transfers are disabled until a pending Acala community governance decision resolves the error. Thread below:.
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Join us today on Crowdcast at 11:00 pm UTC. Get the latest details on the launch along with an exciting announcement on how you can further power your ACA within Acala's DeFi ecosystem.
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'Bootstrap' mode for LCDOT/DOT, the inaugural pair on Acala Swap, is now live! . The Bootstrap will last 24 hours to allow liquidity provisioning ahead of 50k ACA liquidity rewards for the pair. Guide: Join now:
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⚡ Introducing the Acala Kickoff Rewards Program! . To celebrate Acala Swap's inaugural trading pairs, the Acala Foundation is allocating 1 million ACA in liquidity mining incentives to qualifying LPers.
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A new update regarding the aUSD incident has been posted, including what has happened so far and what’s next. Thank you for everyone’s support and participation so far in the process. Let’s continue to build Acala together.
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In 1 hour, join Acala's @bettechentt and @danreecer_ at the @Polkadot parachain launch party along with @gavofyork, @rphmeier, and the four other parachain teams that have just launched with us!.
In 2 hours now: tune into the #PolkadotParachainParty to hear from Polkadot founders @gavofyork and @rphmeier, as well as from the first parachain auction winners: @AcalaNetwork, @MoonbeamNetwork, @AstarNetwork, @ParallelFi, @clover_finance. Let's party🎉.
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Congrats to our friends at @current on today’s release of the 4% savings interest product!. Acala is actively working to kickstart the Hybrid Finance (#HyFi) category with Current, combining banking and Web3 to bring seamless DeFi yields to Current’s 3M+ US-based customers.
We’re excited to announce the launch of Current Interest today! Our members can now earn a 4.00% APY from Current on their savings as part of our commitment to providing the most value back to our members, especially at a time many need it most.
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Early Adopters, notice a little something in your Acala account? 👀 . If you participated in the Acala Early Adopter Program, you now have your exclusive NFT.✨ . Find yours at:
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It’s a testament to the strength of @Polkadot that so many talented teams are in the running to be among the first five projects to launch on Dec 17. In this respect, we’re all winners. We’re looking forward to kicking off the multi-chain future with you! (2/3).
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✨ The Acala Foundation is allocating 1 million ACA in liquidity mining incentives as part of the Kickoff Rewards Program. Learn how you can earn:.
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💥The crowdloan starts soon💥. Make sure you are ready by participating in Acala Quests, a gamified way to earn additional ACA rewards and an exclusive NFT. Start your Quest here👇.
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✨ Learn more about the Acala Crowdloan's ACA rewards and bonuses – and get ready to own a piece of the network before it launches on @Polkadot! .
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Why is it called the EVM+? @AcalaNetwork's EVM+ combines EVM and Substrate, giving developers access to customizable and upgradable features at the blockchain level, making "the network" future-proof. Learn more about why the '+' matters: .
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💧 DOT Liquid Staking (LDOT) is live on Acala!. You can now stake your DOT on Acala to stay liquid and earn ~72% APY in DOT and aUSD stablecoin rewards. Start staking: What is liquid staking and what are the benefits? Let's take a look👇
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The community has contributed over 6 million $DOT to support Acala's bid in the first-ever @Polkadot parachain slot auction!. Don't miss your chance to get a piece of the network in this historic launch! . Join now:
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Our @KaruraNetwork crowdloan audit is complete!. 🏆 501k $KSM.🏄 20k contributors (86.8% non-custodial, 13.2% exchange).🐟 55% contributed <10 KSM, 20% <1 KSM.🎁 19.95 KAR base reward, 11.5% of KAR supply. KAR distribution in the coming days, stay tuned!.
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HydraDX (@hydra_dx), a cross-chain liquidity protocol, and Acala have successfully completed a cross-chain token transfer on @Polkadot testnet using xcmp!. HydraDX is now #ComposableWith Acala ⚡️
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🌟 ACA can now be used as collateral to mint aUSD. Maintain your exposure and enjoy new yield opportunities by opening a Collateralized Debt Position with DOT, LCDOT, and ACA. Mint aUSD: Guide:
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The first ACA Staking program will go live next Thursday, March 3rd 🎉. As part of the initial ACA staking program, the Acala chain will execute ACA buy-backs using network-owned staking reward surplus. Learn more from @bettechentt below, and watch for details and guides soon!
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🔥 @theCHIVE, a roaring online community of 10 million monthly users, is set to debut its branded loyalty and NFT platform on Acala!. The launch is first in a series of branded launches on Acala from Venkman, an e-commerce engagement solutions provider.
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🚀 @polkadex will integrate $aUSD as the default stablecoin for the Polkadex parachain! . Polkadex users will be able to leverage $aUSD stablecoin trading functionality on Polkadex's decentralized exchange. Learn more👇 .
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⚡️Update: Over 1 million DOT has been bridged to Acala.
The one-way bridge is live! 🚀 . You can now move your DOT from the @Polkadot Relay Chain to Acala in preparation for DeFi operations and liquidity mining incentives.
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🔈 The kUSD upgrade to aUSD is live!. All kUSD has been officially been upgraded to aUSD on @KaruraNetwork & any parachains utilizing kUSD, and users can now mint aUSD on Karura. The upgrade officially cements aUSD as the native decentralized stablecoin of Polkadot & Kusama. 🚀.
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We’ve partnered with @EasyA_App to bring you the world’s first ever educational in-app Acala challenges! Learn all about building with Acala right from your phone! Part of #60DaysOfPolkadot, the crash course has $30k in $DOT going to top learners. Challenges drop next week -
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The future of hybrid DApp development. Example DApp leveraging @Polkadot, @ParityTech’s Statemine, @MoonbeamNetwork, @Kiltprotocol, and LDOT & aUSD from Acala.
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