Acala Network
Curated by SignalStable coin platform enabling liquidity solutions for Web3 finance.
Overview
Acala Network functions as a stablecoin platform that aims to establish the liquidity layer for Web3 finance. It features various products such as the Universal Asset Hub, a decentralized exchange (DEX), DOT liquid staking, and a multichain asset router bridge. The platform is designed for developers and institutional clients, offering solutions that support the development of customizable decentralized finance (DeFi) applications. Acala's commercial model involves staking DOT to earn rewards and using the ACA utility token for governance and transaction fees. The platform reports a significant total value locked and has formed partnerships within the industry, with the objective of addressing liquidity issues in the decentralized finance sector through its offerings and infrastructure.
Key facts
- Founded
- 2019
- Headquarters
- Auckland, New Zealand
- Stage
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- Industry
- Financial Technology
- Sector
- Decentralized Finance
Business model
- 6 products and services
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Contact
- Primary office
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