Acala: If the vote passes, the Exodus upgrade is scheduled for August 15

ChainCatcher message, Acala official tweeted that if the community vote passes, the Exodus upgrade will take place on August 15. This upgrade will optimize network growth, sustainability, and security, and will enhance the utility of ACA through staking and adjusting incentives.

In addition, 50% of the ACA unlocked each year will be used for ACA staking, while 50% will be reserved for liquidity mining for liquidity pools and dApps built on the Universal Asset Hub (UAH). Some unused ACA will be used for burning, such as burning 1% monthly, and a portion of accumulated network fees over time will also be burned through governance, such as burning 20% every six months.