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Acala plans to destroy approximately 160,000 ACA on December 26

Acala plans to destroy approximately 160,000 ACA on December 26

CointimeCointime2023/12/25 01:30
By:Cointime

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.

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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.

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