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.

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Acala Token

Polkadot Ecosystem Weekly Digest. July 10–16/2023

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🔹 @Polkadot Blockchain Academy's third wave begins.
🔹 @peaqnetwork wins Polkadot Auction #45.
🔹 @AcalaNetwork 's ACA emissions and burn upgrade planned.
🔹 @CrustNetwork secures seven-figure funding from @DWFLabs

@Polkadot Blockchain Academy's third wave begins. @peaqnetwork wins Polkadot Auction #45.