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

Proof of Stake Alliance (POSA)

RT @TeamPOSA: 1. It’s important to name tokens appropriately based on the reality of the nature of the relationship between the underlying…

1. It’s important to name tokens appropriately based on the reality of the nature of the relationship between the underlying staked token and the receipt token. 

Calling receipt tokens derivatives is inaccurate. We recommend using Liquid Staking Tokens (LSTs) moving forward.