Acala - The DeFi & Liquidity Hub of Polkadot
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Acala Welcomes SubQuery to Polkadot Parachain - Crypto Briefing Technology Acala Welcomes SubQuery to Polkadot Parachain by Stefan Stankovic Nov. 25, 2021 Acala, the first project to secure a Polkadot parachain, is getting a data indexing and querying solution via the SubQuery Network. Shutterstock cover by Andrey_Kuzmin Key Takeaways
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Acala is building hybrid crypto and fintech products with US fintech company, Current, to bring DeFi yield to Current's three million U.S customers. You can try Acala's Apps on testnet today.
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Acala: The cross-chain DeFi hub and stablecoin of Polkadot
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Acala is the decentralized finance network and liquidity hub of Polkadot. It’s a layer-1 smart contract platform that’s scalable, Ethereum-compatible, and optimized for DeFi with built-in liquidity and ready-made financial applications. With its trustless exchange, decentralized stablecoin (aUSD), DOT Liquid Staking (LDOT), and EVM+, Acala .
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The Acala Dollar stablecoin is a multi-collateral-backed cryptocurrency, with value stable relative to the US Dollar (1 aUSD ≈ 1 $US). As Acala Dollar is multi-collateral, can be created using assets from blockchains connected to the Polkadot network including Bitcoin (BTC) and Ether (ETH) as collaterals.
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Axis Direct is a brand under which Axis Securities Limited offers its retail broking and investment services. Investments in the securities market are subject to market risks. Read all the related documents carefully before investing. This information is only for consumption by the client and such material should not be redistributed.
Investments in securities market are subject to market risks. Read all the related documents carefully before investing. Axis Direct is a brand under which Axis Securities Limited offers its retail broking and investment services.Trading Member| Axis Securities Limited,CINNo.U74992MH2006PLC163204 | SEBI Single Reg. No.- NSE, BSE,MSEI, MCX & NCDEX – INZ000161633 | ARN- 64610 SEBI-Research .
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Acala Welcomes SubQuery to Polkadot Parachain - Crypto Briefing
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Acala Network is secured under Polkadot's shared security model, ensuring high resilience and forkless upgradability. Key Features and Highlights - Multi Collateral Type CDP: Every aUSD is backed in excess by a crypto asset through Honzon Protocol, it follows the mechanism known as an over-collateralized debt position (or CDP).
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Acala Network. (Governance Token) ACA is the native token of ACALA Network. The total supply of the ACA Tokens will be minted at the launch of the mainnet and stored in the ACA Reserve Pool to be distributed to ACALA Foundation, Seed Investment Partners, IPO Participants as Reward, and the rest sold to the public. Token Sale ended.
Acala is building hybrid crypto and fintech products with US fintech company, Current, to bring DeFi yield to Current's three million U.S customers. You can try Acala's Apps on testnet today.
Investments in securities market are subject to market risks. Read all the related documents carefully before investing. Axis Direct is a brand under which Axis Securities Limited offers its retail broking and investment services.Trading Member| Axis Securities Limited,CINNo.U74992MH2006PLC163204 | SEBI Single Reg. No.- NSE, BSE,MSEI, MCX & NCDEX – INZ000161633 | ARN- 64610 SEBI-Research .
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Investments in securities market are subject to market risks. Read all the related documents carefully before investing. Axis Direct is a brand under which Axis Securities Limited offers its retail broking and investment services.Trading Member| Axis Securities Limited,CINNo.U74992MH2006PLC163204 | SEBI Single Reg. No.- NSE, BSE,MSEI, MCX & NCDEX – INZ000161633 | ARN- 64610 SEBI-Research .
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Acala is the decentralized finance network and liquidity hub of Polkadot. It’s a layer-1 smart contract platform that’s scalable, Ethereum-compatible, and optimized for DeFi with built-in liquidity and ready-made financial applications. With its trustless exchange, decentralized stablecoin (aUSD), DOT Liquid Staking (LDOT), and EVM+, Acala .