Acala ($ACA) is a Layer 1 blockchain 🧱 that acts as the DeFi hub 💸 of the Polkadot network 🌍.
Here’s what Acala offers: 👇
aUSD: A decentralized stablecoin 💰🛡️ that keeps its value stable.
Liquid Staking ($LDOT): You can stake your $DOT to earn rewards 📈, and still use $LDOT in other DeFi apps. 💧🔄
Acala Swap: A decentralized exchange (DEX) for trading tokens easily. 🛍️↔️
🔧 Key Tech:
EVM+: Supports Ethereum apps ✅ and also uses Substrate, the tech behind Polkadot, for better speed and performance. 🚀
🎯 Goal: Make DeFi on Polkadot easier to use and more powerful!
