Chrysoberyl

Merlin trading competition is live.
Trade Merlin (MERL) and share $1M worth of rewards.
Promotion period: 2025-05-20 09:00 (UTC) to 2025-06-03 09:00 (UTC)
During the Promotion Period, trading MERL in the Binance Wallet (Keyless) or via Binance Alpha can share exclusive token rewards.
View details here: https://www.binance.com/en/support/announcement/detail/4ec5501dc3394d039e108def698d5f9e
#trading #Binance

Since February, Acala has been running a 6-month long Meme & DApp Contest designed to supercharge creativity and attract more builders into its ecosystem, with a massive prize pool of 6,000,000 $ACA
And now that we’re entering Month 3 — let’s take a quick look back at what’s happened so far.
Highlights from Month 1 & 2 🚀
→ Month 1 saw 12 projects competing, ranging from AI agents to GambleFi to token communities.
→ Top projects: Boomerang, DamnDAO, Nemo, Polkalottery, and Lova.
→ Month 2 brought even more heat with new Gaming and EngageFi projects entering the scene.
→ Top projects: EasyAcala, Boomerang (again!), Airpay, Nemo, and Vota.
Community participation has been growing fast too — voter numbers nearly doubled from Month 1 to Month 2. Not bad for a contest still in its early phase!

What’s Next?
Month 3 is underway, and there’s still plenty of room for new ideas, fresh memes, and game-changing dApps to emerge.
Whether you’re a builder looking for your next playground, a memer ready to go viral, or just a curious $ACA holder wondering what’s being built — the Acala Meme & DApp Contest is definitely worth keeping an eye on.
Check out the full recap & get involved: https://medium.com/acalanetwork/the-acala-meme-dapp-contest-two-month-recap-baa16dc90f2c

Are you holding $DOT ? Don’t just let it sit—put it to work on farm.acala.network and earn boosted rewards! 🚀
$DOT
💎 Why stake with Euphrates?
✅ Earn $DOT staking rewards via LDOT
✅ Boost your yield with ACA incentives
✅ Seamless staking & unstaking process
💎 How it works
1️⃣ Stake DOT → Receive LDOT (Liquid Staking DOT)
2️⃣ LDOT is auto-staked on Euphrates, earning continuous yield & extra ACA rewards
3️⃣ Unstake anytime → Get back LDOT, then redeem for DOT if needed
📢 With $6.97M TVL, LDOT Pool is live & thriving—don’t miss out!
$ACA

#Acala #staking #ACA #CryptoYields #DOT

Polkadot JAM is making big strides! Here are the completed milestones:
✅ Passed Web3 Foundation official test vectors
✅ Updated to GP 0.6.2
✅ Created a simple telemetry dashboard for testing
✅ Implemented all RPC methods (Details here)
$DOT

🔹 Work in progress: Offchain execution, host call testing & P2P validator communication
💡 What’s Next?
- Smart contract PoC & public testnet launch
- Collaboration with JAM implementors for a community testnet
- Enhancing erasure coding & PVM recompiler
This progress brings Acala’s vision of a scalable and decentralized future closer to reality! As the development of JAM moves forward, $ACA continues to play a crucial role in securing and powering the Acala ecosystem.
$ACA
#Polkadot #Acala #JAM #Crypto #DeFi

In the fast-moving world of DeFi, where unsustainable yields and high volatility dominate, SOIL stands out by offering stable, real-world-backed returns. It’s not just another lending platform—it’s a financial revolution.

Why SOIL?
✅ Yield backed by real-world businesses

SOIL integrates traditional finance with crypto lending, securing yields through revenue-generating businesses. No more relying on speculative tokenomics!
✅ Fixed & predictable returns

Earn 4%-8% APY on stablecoin lending with guaranteed interest rates, offering a safe alternative to unpredictable DeFi yields.
✅ Multichain Guarantee Fund for security

Lenders are protected from default risks with a reserve fund backed by business revenues & platform fees. Your investments stay secure!
✅ Borrow fiat without selling crypto

SOIL lets users lock stablecoins & borrow fiat directly into their bank accounts—enabling liquidity without selling assets.
✅ Fully transparent & secure

Every transaction is governed by smart contracts and is fully on-chain, ensuring transparency and security for all users.

The Power of $SOIL Token
🔹 Earn higher staking rewards

🔹 Deflationary supply with buyback & burn

🔹 Governance rights for platform decisions

💡 SOIL is bridging traditional finance with DeFi, bringing stability, security, and real-world value to the crypto space.
🔗 Explore SOIL: https://soil.co/
📢 What do you think about real-world asset-backed DeFi? Drop your thoughts in the comment section!
#DeFi #crypto #SOIL #Blockchain #RWA

Inspired by the legendary "Finding Nemo," $NEMO is here to make Acala great again! This deep-sea marvel is not just a memecoin; it’s a community movement aiming to unite all Acala enthusiasts and bring fresh energy to the #DeFi space.

About $NEMO?
🐠 First Memecoin on Acala: The pioneer of fun and memes in the Acala ecosystem.🌐 Tokenomics That Swim Smoothly:Total Supply: 1,000,000 $NEMOLiquidity: 99% 💧Marketing: 1% 🎯
Where to catch $NEMO?
The new NEMO-ACA Trading Pair is live on AcalaSwap! Don’t miss your chance to ride the wave:
🔗 Swap here: apps.acala.network/swap

Get ready for a deep-sea adventure as $NEMO sets its sights on becoming a special thing in the Acala ecosystem.
🌊 Ready to dive in?
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You can find more information about NEMO:
X (previous Twitter): https://x.com/NEMO_MAGA
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Disclaimer: Not financial advice, let do your own research!

Acala is buzzing with innovation! Here are the four active proposals making waves and they can deploy soon on Acala. Voting time will end on 2-8 days, let's check and make it reality.

1️⃣ Polkalottery Deployment
Ever tried your luck on decentralized lotteries? Polkalottery is deploying on Acala EVM+ to offer a seamless and secure lottery experience. Why is this exciting? It’s not just about fun; it’s about boosting ACA utility and engaging new users. With plans for cross-chain compatibility and enhanced features, could this be the gaming revolution for Polkadot?
Detailed proposal: https://forum.acala.network/t/proposal-for-polkalottery-on-acala-base-deployment-phase-i/2590
2️⃣ DamnDao on Acala
DamnDao is integrating its advanced trading bot system and airdropping DAMN tokens to staking users and LDOT holders. What’s the goal? Enhanced liquidity, staking rewards, and a DAMN/ACA liquidity pool that creates long-term value for both ecosystems.
Detailed proposal: https://forum.acala.network/t/proposal-for-supporting-damndao-on-acala/2594
3️⃣AIWeb3
AIWeb3 is bringing its passion for Polkadot to Acala with LOVA tokens to incentivize community growth, content creation, and education. How will this work? By rewarding developers, users, and creators through a LOVA/ACA liquidity pool and targeted incentives.
Detailed proposal: https://forum.acala.network/t/proposal-acala-ecosystem-content-creation-and-promotion/2583
4️⃣ Meme & dApp Contest
These contests invite developers to build on EVM+ and creators to craft memes that spark engagement. What’s the reward? A share of 6 million ACA over six months, plus airdrops for voters and users. Are you ready to blend creativity and innovation to leave your mark on Acala?
Detailed proposal: https://forum.acala.network/t/proposal-for-acalas-inaugural-meme-dapp-contest/2538
==========
These proposals are transforming Acala into a hub of creativity, utility, and collaboration. What excites you the most? Join the movement and help shape Acala’s future today!
$ACA

Here’s a recap of Acala’s October-November highlights for you!

Key updates
LDOT-JitoSOL LP pool
The first LP pool on Euphrates—the LDOT-JitoSOL pool launched successfully, now live with ~$1M TVL. Swap JitoSOL, LDOT, and more on the Acala DEX while earning rewards!
Fufuture partnership
Trade BTC and ETH perpetual with ACA and LDOT in the future. Over 500 traders participated in the test campaign, and more opportunities are coming with the official trading competition!
Most importantly, a trading contest is live on Fufuture with a reward pool of 100K $ACA

EVM upgrades
Acala 2.26.0 upgrade introduced enhanced EVM functionality, improving developer tools and ecosystem integrations, bringing more power to the Acala ecosystem.
Sub0 insights
Co-founder Bryan Chen’s keynote on Polkadot JAM outlined Acala’s role in shaping Polkadot’s future.
Ambassador program
The global Acala community is thriving with events, educational content, and user support driving DeFi adoption.
What's next?
Meme & Dapp Contest, Fufuture Trading Competition, and continuous technical advancements like Chopsticks 1.0 and runtime upgrades.
Acala is redefining DeFi’s liquidity layer and setting the stage for a massive 2024. Let’s build the future together! 🌟

In the dynamic world of decentralized finance (DeFi), Acala remains one of the standout names — not just for its longevity but for its relentless innovation and adaptability. Acala continues to thrive as a liquidity powerhouse, empowering developers, institutions, and users to maximize the potential of their digital assets. With the Polkadot ecosystem making a strong comeback and experiencing significant growth over the past month, the future looks increasingly promising for projects like Acala.

What is Acala?
At its core, Acala is a decentralized liquidity hub designed to unify liquidity across multiple blockchain layers. Built on Polkadot’s robust framework, Acala offers a range of cutting-edge tools and protocols, making it the go-to platform for building financial applications that need scalability, flexibility, and security.
Why Acala?
🔗 Seamless multi-chain compatibility
Acala’s technology supports Layer 0 through Layer 4 blockchains, making cross-chain operations effortless. Tools like the Universal Asset Hub, decentralized exchange (DEX), and multichain asset router bridge enable seamless liquidity management and asset interoperability.
🔑 EVM compatibility for developers
For builders, Acala’s EVM+ ensures you can leverage your Solidity expertise while tapping into the advanced customization offered by Substrate framework.
💡 Institutional-grade infrastructure
Trusted by industry giants like Coinbase, Figment, and Credora, Acala provides a backend infrastructure that meets the demands of traditional finance while pushing the boundaries of Web3.
⚡ Optimized for financial applications
From LDOT to the Euphrates liquidity distribution platform, Acala offers tools that enhance capital efficiency and incentivize ecosystem growth.

Unpacking Acala’s game-changing products
Acala DApp
Explore here: https://apps.acala.network/
With Acala app, you can:
Bridge assets to Acala: Bridge assets from various chains to Acala and other chains.Polkadot staking: Stake DOT to earn rewards and receive LDOT that can be used for other yield opportunities. APY currently is around 17%.Staking: Stake $ACA, LP tokens, or collateral to earn yield, and loyalty bonus.
Euphrates app: Diverse financial opportunities
Explore here: https://farm.acala.network/
Euphrates is a liquidity distribution platform empowering both users and developers. Users can earn rewards by supporting various protocols, while developers can access robust tools to enhance liquidity for their applications.

ACA Token: Governance & Utility
The native token, ACA, fuels Acala’s ecosystem by serving as both a governance and utility token. With deflationary mechanisms like token burns and capped supply, ACA is designed to grow in value while powering the network.
$ACA can be used as transaction fees, vote in governance proposals, pallet deployments, etc. Moreover, it is also used for:
ACA StakingEcosystem token contributions are farmable via staked ACAVote for emission distribution to liquidity pools and dAppsA portion (e.g. 20% via governance) of staked ACA can be used as a mitigation tool in case of a shortfall event within the protocols that are native to Acala

The blockchain industry is about to witness a major shift with Somnia’s upcoming Devnet launch. This event is accompanied by a $10 million grant program to support developers and a $5000 reward opportunity along with Somnia points for the community, marking the start of an exciting journey for both builders and enthusiasts alike.

Introducing Somnia: The dream computer for a fully on-chain game world
Somnia is the fastest and most cost-efficient EVM Layer 1 blockchain, capable of processing over 400,000 transactions per second with sub-second finality. With its proprietary Multistream Consensus protocol, Somnia efficiently handles high-density data transfers and delivers unmatched transaction speed, while keeping costs well below a cent per transaction. This makes Somnia a powerful platform for creating large-scale, real-time on-chain applications in gaming, social networks, metaverses, and finance.
Developed by the Virtual Society Foundation (VSF) in collaboration with Improbable — a pioneer in virtual world creation for over a decade — Somnia stands out as a top choice for Web3 developers looking to build innovative, fully on-chain experiences. VSF received initial funding from MSquared who raised $150 million in funding from a16z crypto, SoftBank, Mirana Ventures, CMT Digital, and SIG.
Galxe Quests: $5000 Reward and Somnia Points
To celebrate the Devnet launch, Somnia is hosting Galxe quests with exciting rewards for community members. Participants have the chance to earn $5000 in rewards and 300 Somnia points, giving the community a head start on exploring and interacting with Somnia’s 400k+ TPS blockchain.
It takes less than 5 minutes to finish.
👉Complete tasks here: https://app.galxe.com/quest/somnia/GCYdKtVjDz

$10 Million Grant Program: Fueling Innovation on the Somnia Blockchain
To nurture a thriving ecosystem, Somnia has launched a $10 million grant program aimed at supporting developers building applications on its high-performance blockchain. This program is designed to attract talented developers by providing resources, funding, and industry connections. Selected projects will have opportunities to engage with leading Web3 investors, including Mirana Ventures, Spartan Capital, and CMT Digital, fostering the growth of projects across gaming, social, metaverses, and other cutting-edge sectors.

The application process is open to developers interested in building on Somnia’s platform, with opportunities to receive not only financial backing but also invaluable support from Somnia’s core development and dApp teams.
If you’re interested, let’s apply here: https://somnia.network/developer-cohort-launch
Somnia’s “Road to Devnet” is not just a launch — it’s a call to action.
👉 Connect with me: https://x.com/nest_of_rin

In a world where cloud computing is dominated by six major companies holding 96% of global compute resources, Koii represents a revolutionary shift that could democratize access and redefine the industry. Koii, the next generation of cloud computing, takes a bold approach by leveraging everyday consumer hardware as an alternative to traditional data centers. This innovation promises greater accessibility, resilience, and cost-efficiency for businesses and individuals alike.
🎏 See slide version: http://bit.ly/4fsX9Kf
🔗 Meet me on X: https://x.com/nest_of_rin

The Power of AI and the Compute Problem
AI is on the verge of transforming our lives and industries. Sam Altman, former CEO of OpenAI, captures the sentiment well: “AI will most likely lead to the end of the world, but in the meantime, there will be great companies.” However, with vast computing power held by a few major corporations, innovators and developers face a “compute bottleneck,” where data centers not only limit access but often drive up costs and complicate scalability.
Koii turns the traditional model on its head by enabling a decentralized approach. It utilizes the power of a “crowd-as-cloud” model, creating a network of nodes from everyday consumer devices. This change has massive implications for AI development, allowing developers to train and deploy models affordably and independently.
Breaking Free from Centralized Infrastructure
Most DePINs aggregate existing cloud infrastructure. Koii creates a network where individuals can contribute their personal devices to form a decentralized compute network. The result? Enhanced cost stability, scalability, and autonomy.
Koii’s decentralized model also leads to an incredible return on investment (ROI) potential. Average node ROI is said to be 500,000%, a staggering figure that Koii attributes to its decentralized design and unique network incentives. The freedom to join this network is accessible to everyone, removing entry barriers and allowing widespread participation and earning potential.
Empowering Developers and Creators
For developers and creatives, Koii levels the playing field. Instead of raising hefty sums for compute resources, developers can use Koii’s decentralized network at minimal cost, making it possible to experiment and launch new projects without the financial strain. This model allows creators to earn directly from their audience and contributors.
For example, a talented engineer could develop an AI model without needing to raise $600,000 or generate 1,000x revenue just to break even.
KoiiTube and Web3 Incentives
Koii has the potential to disrupt even the most well-known platforms. KoiiTube, a decentralized alternative to YouTube, would allow creators to profit directly without intermediaries, thanks to Koii’s massive 90,000-node network. With KoiiTube, nodes contribute to storage, networking, and compute, while content creators earn directly from their audience, making it faster, more cost-effective, and eco-friendly. This aligns with Koii’s Web3 philosophy: it’s all about empowering individuals and accelerating ideas.
Building on Koii: From AI to E-Commerce
The possibilities with Koii are endless. It offers developers a platform to build virtually any app, from AI and data analytics to e-commerce and IoT solutions. With Koii’s easy two-minute setup for deploying tokens and dApps, it’s designed for rapid experimentation and prototyping, lowering entry barriers for developers.

The Future is #CrowdCloud
Koii redefines cloud computing, from accessibility and affordability to sustainability. By harnessing the power of consumer hardware, Koii opens up endless possibilities for developers, creators, and businesses seeking to break free from centralized, costly data center models. With Koii, we enter an era where the crowd becomes the cloud, computing becomes democratized, and innovation flourishes.
👉 Connect with me: https://x.com/nest_of_rin