⛓️ ACALA AND KARURA TO SHUT DOWN PERMANENTLY; DOT HOLDERS MUST WITHDRAW BEFORE 10/02/2027
🔒 Two long-running DeFi chains seek to shut down
Acala and its sister network Karura have proposed permanently stopping block production on 10/02/2027, after nearly seven years of operation, citing fragmented liquidity and insufficiently deep DeFi activity across the Polkadot and Kusama ecosystems. The plan still requires approval in two referenda — Acala Referendum 195 and Karura Referendum 137.
💰 Withdraw assets before the deadline; ACA and KAR will remain on-chain
Users must withdraw external assets such as DOT, KSM, USDT, and USDC before 10/02/2027. LDOT holders must begin unstaking before 12/01/2027, and LKSM holders before 02/02/2027. The native ACA and KAR tokens cannot be withdrawn and will remain on-chain after block production stops.
🌤️ The total value locked across both chains is now only a few hundred thousand USD, indicating that funds had almost entirely flowed out before the teams decided to shut down. Anyone who still has assets on Acala or Karura should check and withdraw them early, because after the deadline, recovery will depend on support efforts, with no guarantees.
$DOT $KSM
🔒 Two long-running DeFi chains seek to shut down
Acala and its sister network Karura have proposed permanently stopping block production on 10/02/2027, after nearly seven years of operation, citing fragmented liquidity and insufficiently deep DeFi activity across the Polkadot and Kusama ecosystems. The plan still requires approval in two referenda — Acala Referendum 195 and Karura Referendum 137.
💰 Withdraw assets before the deadline; ACA and KAR will remain on-chain
Users must withdraw external assets such as DOT, KSM, USDT, and USDC before 10/02/2027. LDOT holders must begin unstaking before 12/01/2027, and LKSM holders before 02/02/2027. The native ACA and KAR tokens cannot be withdrawn and will remain on-chain after block production stops.
🌤️ The total value locked across both chains is now only a few hundred thousand USD, indicating that funds had almost entirely flowed out before the teams decided to shut down. Anyone who still has assets on Acala or Karura should check and withdraw them early, because after the deadline, recovery will depend on support efforts, with no guarantees.
$DOT $KSM
