Acala EVM+ combines Ethereum's flexibility with Polkadot’s scalability, offering a seamless environment for developers. Deploy Ethereum-compatible smart contracts while enjoying Acala’s unique features, such as gas fee payments in multiple tokens and built-in DeFi tools.
Explore Acala's($ACA ) all-in-one dApp for managing assets, staking, swapping, and liquidity provisioning. With seamless access to Liquid $DOT (LDOT), Acala EVM+, and cross-chain functionalities, you can maximize your DeFi potential in a secure and efficient environment.
$ACA holders, get ready! Voting for Month 2 of the Acala Meme & Dapp Contest kicks off next week! Your vote matters, and there’s a reward pool for active voters who participate in selecting the best project of the month.
✅ How to Prepare for Voting:
Ensure you're familiar with the participating projects.
Keep an eye out for the Opensquare voting link, which will be shared soon.
Here’s your next big opportunity to trade, earn, and grow your portfolio! 🔥
The $ACA - $USDT pair is now officially live on AcalaDEX following a successful governance vote and bootstrapping phase! 🚀, which I believe we (community) participated in via voting.
To trade,earn and grow your portfolio, simply:
🔹 Swap instantly between $ACA and $USDT 🔹 Amplify your earnings by providing liquidity 🔹 Stake $ACA -$USDT LP tokens for exclusive $ACA rewards
This is your chance to take advantage of deep liquidity and high rewards
Support Levels: Around $0.03375 - $0.03133, which have held as the lower bounds.
Resistance Levels: Likely around $0.05314 - $0.05626, as indicated by the MA50.
The recent slight price increase (+3.16%) indicates a minor relief rally, but more volume and a break above $0.045 are needed to confirm a trend shift.
A new proposal is live to bootstrap the $ACA -USDT pair on AssetHub, ensuring deeper liquidity and smoother trading.
To incentivize participation, the initiative includes reward incentives for the first three months, encouraging early adopters to contribute liquidity.
💡Why it matters:
🔹 Strengthens $ACA ’s utility and accessibility. 🔹 Improves market depth and reduces slippage. 🔹 Encourages broader adoption within the Polkadot ecosystem.
Congratulations to them 🚀 they will receive their $ACA rewards accordingly, meanwhile other participants are not left behind as they will also be rewarded for taking part in the contest.
Are you a voter? Good news! there will be a whooping 100k $ACA Airdrop to all voters who took part in voting for Thier favourite meme & dapp
the market is currently a mess but many tokens will out perform and recover strong again, $ACA should be in your list of quick to bounce back tokens because the utilities it's built and building is unique and massive...
The first phase of the Acala Meme & Dapp Contest has successfully concluded, with a selection of standout projects advancing to the next stage. the acala ecosystem extends its congratulations to all participants for their creativity and contributions.
Throughout the week, the acala team will spotlight each project, showcasing their unique innovations and impact within the Acala ecosystem.
Community voting will officially open on Wednesday, giving the community the opportunity to support their favorite projects.
Make sure you have your $ACA ready to participate in the voting process.
Acala’s Meme and DApp Contest is a bold and innovative initiative that blends its development with community engagement, leveraging its unique Acala EVM+ and Polkadot integration.
By encouraging dApps and memes, Acala fosters creativity, drives adoption and strengthens its DeFi hub status.
For developers, token holders, and enthusiasts, this contest represents an opportunity to shape Acala’s future while showcasing the potential of Polkadot’s interoperable blockchain vision. Whether you’re crafting a hilarious meme or building the next big dApp, Acala’s challenge is a testament to the power of community-driven innovation in Web3.
this will drive more attention to the acala ecosystem which will definitely have an effect on the price of $ACA positively.....
Focus: Development of a memecoin and token launcher with an integrated Automated Market Maker (AMM) Decentralized Exchange (DEX) on Acala EVM+.
Platform: Acala EVM+ (Enhanced Virtual Machine+), which is part of the Acala network on Polkadot. This platform is designed to leverage the best features of Ethereum while enhancing functionality with Substrate, allowing for:
Smart Contract Deployment: Dapps can be deployed directly within Acala EVM+ utilizing native and cross-chain assets like $DOT , $ACA , renBTC, XBTC, among others.
Token Integration: ERC-20 tokens can be deployed in the EVM+ and can be made available for various uses including listing on the DEX or as gas fee tokens.
Interoperability: Acala EVM+ supports interoperability between different blockchain ecosystems, providing a bridge for assets and functionality.
🚨Acala Network Achieves a Significant Blockchain Milestone
Acala Network has successfully processed over 8 million blocks, reinforcing its position as a key player in the Polkadot ecosystem. This achievement highlights the network’s scalability, security, and ongoing contributions to decentralized finance (DeFi).
As Acala continues to evolve, users can monitor blockchain activities,transaction data and key network metrics in real time through Subscan.
this shows the daily utilization of the acala network, it's known and expected because it's utilities are based.
Efforts to expand Acala's ecosystem include significant steps like token burns to manage supply, which are part of broader upgrades under Acala 2.0. These actions aim to increase token value through reduced supply and enhanced network capabilities.
Acala's strategy to become the liquidity layer for web3 finance has seen it engage in numerous partnerships and integrations, enhancing its ecosystem's attractiveness and utility.
🚨latest and recent highlights in the acala network ecosystem.
✅Governance and Proposals
The Recent governance activities in the acala ecosystem includes:
Incentives for $ACA Staking: A proposal to update the incentives for holding and staking $ACA , aiming to encourage more participation and network security.
Allocation for aSEED Pool: A proposal to allocate 5,000,000 $ACA for staged injection into the aSEED collateral pool, which is part of enhancing liquidity and supporting new DeFi applications.
Exciting times for $ACA With the upcoming Acala Dapp 2.0, now's the chance to stake with a 37.3% APY. New integrations and token burns on the horizon.
The DeFi ecosystem of Acala is expanding with new integrations, promising more utility and adoption for $ACA . Don't miss out on these developments as they are set to shape the future of DeFi on Polkadot and beyond.