The Acala plans to destroy approximately 160,000 ACA on December 26
The Polkadot ecosystem DeFi protocol Acala announced plans to burn 159,441 ACA on December 26. Acala stated that the burning of ACA is part of Acala 2.0, with the specific amount burned each time determined by factors such as the number of unused released tokens, network fees, and governance votes.
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
Benchmark analyst reiterates "Buy" rating on Japanese crypto company Metaplanet
GAIN official: Investigating issues related to abnormal token over-issuance
Data: 10 addresses received a total of 210,000 ETH within 6 hours, worth approximately $863 millions.
Trending news
MoreCrypto prices
More
