The Acala plans to destroy approximately 160,000 ACA on December 26
The Polkadot ecosystem DeFi protocol Acala announced plans to burn 159,441 ACA on December 26. Acala stated that the burning of ACA is part of Acala 2.0, with the specific amount burned each time determined by factors such as the number of unused released tokens, network fees, and governance votes.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Avalanche chain TVL doubles in two quarters to $2.1 billion
The net inflow of US spot Bitcoin ETFs reached $553.22 million yesterday.
Analysis: Bitcoin Poised to Reach $125,000 Based on Short-Term Holder Cost Basis
U.S. Spot Ethereum ETFs Saw Net Inflow of $6.22 Million Yesterday
Trending news
MoreCrypto prices
More
