Acala plans to destroy approximately 160,000 ACA on December 26
On December 25th, Acala, a DeFi protocol in the Polkadot ecosystem, announced that it plans to burn 159,441 ACA on December 26th. Acala stated that the burning of ACA is part of Acala 2.0, and the specific amount burned each time is determined by factors such as unused released tokens, network fees, and governance voting.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
UK cryptocurrency ownership rises to 12% as FCA prepares new regulations
How low can the Bitcoin price go?
The Ultimate Top Cryptos to Join Now | Best Long-Term Investments for 2024
The Best Scalability Analysis: With Qubetics Selling 220M Tokens, Solana, and Ripple in November 2024