Acala Is The All-In-One DeFi Hub Of Polkadot

Published on: 22.06.2021

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.

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