$ACA

ACA ($ACA) is the native cryptocurrency unique to the Acala Network blockchain platform, with a core focus on multiple key areas, including but not limited to:

Main features:

Decentralized Finance (DeFi) Solution: ACA is committed to promoting and realizing the popularization and innovation of decentralized financial services, providing users with a more open, transparent and efficient financial service experience. Stablecoin issuance (aUSD): Acala Network supports the issuance of aUSD stablecoin through ACA, aiming to provide a stable and widely accepted digital currency to meet the transaction needs of users in various scenarios. Blockchain-based lending: Leveraging the characteristics of blockchain technology, ACA promotes the development of the decentralized lending market, enabling users to borrow and circulate funds without the intervention of traditional financial institutions. Governance and voting: ACA tokens also carry the functions of governance and voting. Holders can participate in the decision-making process of Acala Network through voting and jointly shape the future development direction of the platform.

Token Economics:

Total Supply: The total supply of ACA tokens is set at 1 billion, which is a fixed upper limit to ensure the scarcity and value stability of the tokens. Circulating Supply: Currently, the number of ACA tokens circulating in the market is about 500 million, and this number changes dynamically with the issuance, trading, and locking of tokens.