SubQuery, a data indexing solution based on Polkadot, announced that it will launch on the Acala parachain.Both the SubQuery Network and SQT will aim to be the first external application and token to launch on Acala’s ambitious DeFi platform.Weeks ahead of its launch, Acala is already set to host dAppsSubQuery, a data indexing solution based on Polkadot, announced today that … [Read more...] about The SubQuery Network will be launching on Acala
Acala
Acala wins Polkadot’s first parachain slot with over 32 million DOT staked
DeFi protocol Acala has won the first-ever Polkadot parachain auction on Thursday. The platform raised a total of 32.5 million DOT from 81,000 contributors, worth over $1.3 billion at press time.With over 32M DOT contributed by over 81,000 community members, Acala has won the first parachain auction on @Polkadot!Thank you to everyone who took part in this historic event. (1/3) … [Read more...] about Acala wins Polkadot’s first parachain slot with over 32 million DOT staked
Acala wins first Polkadot parachain auction with over 32M DOT staked
On Thursday morning, Acala, a decentralized finance (DeFi) protocol operating on the Polkadot (DOT) network, announced it had won the first-ever Polkadot parachain auction. Acala raised a total of 32.5 million DOT, worth roughly $1.28 billion, from 24,934 contributors via an initial coin offering (ICO) structured as a crowdloan. As the proceeds are classified as 'crypto debt,' … [Read more...] about Acala wins first Polkadot parachain auction with over 32M DOT staked
Acala Wins Neck-and-Neck Race With Moonbeam
When contributions to the auction ended, Thursday at noon European time, Moonbeam had gathered the most from its community, over $1.36 billion. However, Acala was in the lead for 63% of the time, giving it the best chance of securing the slot, even though it only took in $1.30 billion. Source link … [Read more...] about Acala Wins Neck-and-Neck Race With Moonbeam
Polkadot DeFi Darling Acala Has Gathered Over $600M and Counting
“We had 20,000 unique participants for the Kusama auction, when we won the first slot by a long margin,” Reecer said. “We thought at the time that was a lot. But we have now crossed 60,000 and the auction hasn’t even started yet. So I wouldn’t be surprised if this gets over 100,000.” Source link … [Read more...] about Polkadot DeFi Darling Acala Has Gathered Over $600M and Counting