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Acala 2.0 Update: ACA staking feature is now live, with 4.2 million DOT already staked through Euphrates

Sep 18, 2024 23:15:51

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ChainCatcher message, Polkadot ecosystem DeFi protocol Acala tweeted an update on Acala 2.0 progress, including: ACA staking feature is now live; 222,280 ACA have been burned, the next token burn will occur in 26 days; ACA-USDC liquidity pool is live, with LP incentives yielding over 200% annualized returns; single-sided DOT and LCDOT staking launched on the liquidity incentive platform Euphrates; currently, 4.2 million DOT have been staked through Euphrates.

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