Capx To Launch On Acala
Capx to Launch on Acala, to launch its solutions for unlocking liquidity of vested tokens on Acala’s EVM+
Capx to launch on Acala, bringing its innovative solution for unlocking the liquidity of vested tokens to Acala Ecosystem teams
Capx will build in the Acala EVM+ environment, with plans to launch its Capx Liquid, Capx Exchange and Capx Lend products on Acala within the first week of EVM+ rollout.
Capx has chosen Acala for its deployment in the Polkadot ecosystem in order to leverage Acala’s decentralized stablecoin, aUSD, as well as the DeFi ecosystem being built on the network. Projects launching their tokens on Acala will be able to leverage Capx Liquid for their token lifecycle management and can issue “Wrapped Vesting Tokens” (WVTs) to their stakeholders.
Capx Exchange will be using aUSD as the default currency for all buy/sell bids on the platform. Last, Borrowers can further collateralize WVTs on Capx Lend to borrow aUSD from lenders on terms individually agreed upon by the lender and the borrower. More from Capx below on their three core products.
Capx Liquid
Capx Liquid is a decentralised application designed to manage the token lifecycle for any crypto project. It allows projects to issue Wrapped Vesting Tokens (WVTs) to the project’s stakeholders. These WVTs are essentially liquid derivatives of unvested tokens. These WVTs can be leveraged by stakeholders to access liquidity.
Capx Exchange is the marketplace for private allocations and institutional dealflow. It is a peer-to-peer decentralised exchange with an order book mechanism that allows users to trade Wrapped Vesting Tokens.
Capx Lend
Capx lend is a decentralised platform that allows borrowers to put Wrapped Vesting Tokens (WVTs) as collateral and borrow aUSD from lenders on the platform. It is a peer-to-peer based lending platform and the terms are individually agreed upon by the lender and the borrower for every engagement.
About Capx
With the vision to democratize the financial markets, Capx aims to spearhead the DeFi revolution by building towards a more mature decentralized financial ecosystem.
Capx product suite consists of:
Capx Liquid; a liquid vesting platform,
Capx Exchange; a P2P DEX &
Capx Lend; a borrowing and lending protocol for the Wrapped Vesting Tokens (WVTs)
The Capx Ecosystem encompasses an exhaustive suite of products, catering to all stakeholders from Project teams, to Investors to Retail Investors, enabling liquid vesting, tradable WVTs and borrowing/lending protocols for these WVTs (Wrapped Vesting Tokens).
About Acala
Acala is an Ethereum-compatible smart contract platform optimized for DeFi and scaling DApps to Polkadot. The blockchain has built-in DeFi protocols for application developers to leverage, including a decentralized stablecoin (Acala Dollar — aUSD), a trustless staking derivative (liquid DOT — LDOT), and a decentralized exchange.
