Acala
acala.network
Actively hiring
Blockchain & Crypto
DeFi
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Backers
5
Alliance, Arrington Capital
Momentum
0/100
no fresh signals
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Backed byfrom the funds' portfolios and accelerator catalogs
Alliance 
Arrington Capital 
Figment Capital 
SevenX Ventures 
Signum Capital Similar startupsby what they do, their industry and backers
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Overview
Cross-chain DeFi Hub for Polkadot, Kusama and beyond.
News
Polkadot-native Acala Expands to Multichain Horizons Through The Sinai Upgrade
Auckland, New Zealand, May 1st, 2024, Chainwire Acala Network releases a new technological roadmap displaying the necessary steps in offering multi-chain services to users.
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Report
Acala Network to resume operations after burning 2.7B in aUSD stablecoin
Thirty-five accounts were identified as having acquired 12.38 million erroneously minted aUSD.
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Acala community votes to burn 2.97 billion of erroneously minted aUSD stablecoin
The stablecoin is currently trading at $0.84 USD; well below its peg ratio.
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