Acala (ACA) is a token of the blockchain platform on Polkadot, a universal decentralized financial network. The project offers a set of inter-network financial applications with which users can easily trade on Acala Swap. The token itself is used to pay transaction fees and system stability, to govern protocol, rates, and other basic network activities.

Acala Token news today, ACA crypto latest news of token ticker

Acala Token

Acala joins @CredoraPlatform to launch institution-grade transparent & compliant secured Lending Vehicles for #BTC through @Polkadot staking

A hybrid DeFi + CeFi solution to unlock values for digital asset holders 🧵
#HyFi
https://medium.com/acalanetwork/acala-credora-launch-transparent-and-compliant-secured-lending-vehicles-for-bitcoin-be3ecb26aa4…

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More adoption to crypto - secured #BTC lending vehicle while serving institution needs, can also serve as infra for consumer facing products - compliant, better yield, minimized risks with legal recourse. 

More demand for #DOT via Acala liquid staking LDOT 😎

#LST #HyFi