karura

❌ ACALA AND KARURA, TWO DEFI BLOCKCHAINS IN THE POLKADOT ECOSYSTEM, ANNOUNCED THEIR SHUTDOWN!

💀 The Acala team officially announced the shutdown of two blockchains—Acala and Karura. After seven years of operation, the networks plan to permanently shut down on February 10, 2027, pending approval in community votes.

🔗 Users are being advised to withdraw DOT, KSM, USDT, USDC, and other external assets. But holders of the native ACA and KAR tokens have been offered no compensation, buyback, or migration to other networks.

🤦‍♂️ The most interesting part is that users are already complaining they can't sell KAR. There are practically no centralized exchanges with sufficient liquidity, and trading pairs on DEXs don't guarantee that swaps will be possible. The situation with ACA is only slightly better.

📉 The team says the shutdown is due to a lack of liquidity and no further development prospects. So, after seven years spent building a promising DeFi ecosystem, they're now simply telling holders of the native tokens to keep their investments.

👀
Another batch of junk blockchains is going down in history. In my opinion, USDT is the most reliable crypto right now!

#AcalaNetwork #karura

Acala and Karura plan to stop producing blocks on February 10, 2027: If you have DOT or stablecoins on-chain, don’t wait until the referenda pass to move them

Today (November 9), multiple media outlets reported alongside Wu Blockchain that Polkadot ecosystem DeFi project Acala announced that, if Acala Referendum 195 and Karura Referendum 137 pass, Acala and its sister chain Karura will stop producing blocks on February 10, 2027. This is a shutdown proposal; the chains have not shut down yet.

What happened: The official reasons given are a prolonged lack of liquidity and unsustainable maintenance costs. The withdrawal window will remain open until the shutdown date. The official Wiki says users should withdraw external assets themselves in advance. Any assets left behind after the deadline will be returned, where possible, to an account at the same address on Polkadot/Kusama Asset Hub, but not all assets can be returned.

Who is affected: Anyone who still has DOT, KSM, or external assets such as USDT and USDC bridged onto the chains. Unbonding LDOT takes about 28 days and must be initiated by January 12, 2027; LKSM takes about 7 days and must be initiated by February 2. The native tokens ACA and KAR cannot be withdrawn and will remain on their respective chains—don’t assume that “all assets across the network can be moved safely.”

What to watch next: The results of the two referenda, and whether your own account holds any external assets. Don’t click unfamiliar “emergency withdrawal/compensation” links. When shutdown news breaks, phishing attempts tend to follow.

Do you still have any DOT, KSM, or stablecoins on Acala or Karura that you need to withdraw?

Not investment advice.
Sources: Acala official Wiki withdrawal guide, Karura Referendum 137, CryptoBriefing, ChainCatcher, Wu Blockchain (X, around 20:29 HKT on 2026-11-09) · around 21:25 HKT on 2026-11-09
#Acala #Karura #波卡 #夯B媒体 $ACA $KAR $DOT

📰 Acala and Karura plan February 2027 shutdown as liquidity dries up
Acala and its sister network Karura have proposed shutting down on Feb. 10, 2027, after seven years of development, citing insufficient DeFi liquidity across...
Source : Coingecko
Time : 2026-11-09 18:05:52
Credit : lawrence mondal
#acala #ausd_incident #karura #liquid-staking #shutdown
$KSM $W $DOT
Share your opinion in the comment section below

📰 Acala and Karura plan February 2027 shutdown as liquidity dries up
Acala and its sister network Karura have proposed shutting down on Feb. 10, 2027, after seven years of development, citing insufficient DeFi liquidity across...
Source : Coingecko
Time : 2026-11-09 18:05:52
Credit : lawrence mondal
#acala #ausd_incident #karura #liquid-staking #shutdown
$KSM $W $DOT
Share your opinion in the comment section below

Acala and Karura propose halting their chains next February: withdraw external assets first; proposal has not yet passed a vote

Acala has submitted an on-chain shutdown proposal, and its sister chain Karura has also initiated a referendum. These are governance signals only; the chains have not been shut down or taken any action yet. If the proposals pass and are implemented as planned, both chains will stop producing blocks on February 10, 2027.

Who is affected: If you still hold DOT or KSM on Acala or Karura, or USDT or USDC bridged over from another chain, the official guide says you must withdraw them yourself to Asset Hub or the relay chain before February 10, 2027. Liquid staking assets require earlier action: regular LDOT must be unbonded by January 12, 2027; LDOT bonded to specific validators must be unbonded by December 16, 2026; and LKSM must be unbonded by February 2, 2027. ACA and KAR cannot be withdrawn across chains. The official team says it will try to return any external assets not withdrawn by the deadline to the corresponding Asset Hub accounts, but not every type of asset can be returned.

For now, use only official websites and accounts. Don’t click on messages from strangers or unverified “withdrawal assistance” pages. Next, watch for the referendum results and the execution proposal.

Do you still have any DOT, KSM, or stablecoins on Acala or Karura that you haven’t withdrawn?

This is not investment advice.
Sources: Acala on-chain proposal “Sunset the Acala Network” (around 2026-11-09, Subsquare motion #449); official withdrawal guide: wiki.acala.network/withdrawal-guide; as reported by BlockBeats and CryptoBriefing · 2026-11-11 around 14:30 HKT
#Acala #Karura #Polkadot #夯B媒体 $ACA $KAR $DOT