- Acala is upgrading to Acala 2.0 Exodus plan
- CDP positions with outstanding debt will be settled at pre-approved prices
- Collaterals for unpaid debt will become part of aSEED treasury
- Remaining collaterals can be withdrawn by the owner
- There is a 1-week delay for CDP owners to repay debts and avoid conversion

proposal

Exodus Stage 2 - aSEED(Acala) conversion

calls

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#103 - Runtime upgrade - Update Polkadot SDK and upgrade Acala EVM+

- Binance Earn is a website where people can earn money by holding cryptocurrency.
- It is easy to use. You choose a product and transfer your cryptocurrency to it.
- ACA staking function is now integrated into Binance Earn's staking page.
- New users who use Binance Earn to stake ACA can get an extra ACA airdrop.
- Binance Earn offers many products and is a good platform for increasing TVL.

Proposal for ACA staking extra reward campaign on Binance Earn.

Untitled - motion #284

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Untitled - motion #283

Acala is a company that is building the liquidity layer for web3 finance. They are introducing a new Ambassador Program to help grow their community. Anyone can become an ambassador, and they will have tasks to promote Acala and its products. Ambassadors will be rewarded with ACA tokens, and there will be a monthly lottery for all ambassadors who have contributed. The top three contributors will receive the most tokens. The total value for the first 6 months of the program is $18,000.

Reward Proposal for Acala Ambassadors

Untitled - motion #280

dest

message

Untitled - motion #279

updates

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newCandidate

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palletName

functionName

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location

metadata

0x55534420436f696e

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PolkaWorld's Proposal to Enhance Acala Awareness Through Content and Events

DeQ team won the Acala Bounty Award 1st Prize, including $2.5k worth of ACA Token at the #2023WinterPolkadotHackathon DemoDay. 

DeQ aims to address the issues of paid consulting advisor and Q&A platform model by combining a tokenomics model and De-Fi.

During the hackathon, DeQ created smart contracts that can convert questions and answers into on-chain assets through contracts and provide continuous income to answerers through shares trading.

DeQ plans to expand to several areas, including upgradable contracts, reviewing the entire tokenomics model, reducing barriers through Account Abstraction, and migrating data storage to a more decentralized solution.

The DeQ team consists of Ruby, Charle, Parker, and Carson.

1st Prize of Acala Bounty in #2023WinterPolkadotHackathon

Untitled - motion #267

1. A proposal was made to transfer 12,849,996 ACA to a rewards account for staking and trading.
2. The transfer includes 12,499,998 ACA for staking and 349,998 ACA for trading.
3. This transfer will cover the incentives for the next 3 months.
4. The transfer will happen at a specific block number in 2024.
5. The reward rates for staking and trading will be adjusted at this block number.

Update incentives for ACA Staking and ACA-USDCet pair

1. A proposal was made to transfer 4,409,988 ACA reward tokens from Acala Treasury account to AF Account.
2. There will be an update to the reward rate for DOT->LDOT and DOT->TDOT pool at block #5,364,200 (Acala) on January 20, 2024.
3. For DOT->LDOT(pool#2) pool, the ACA reward rate will be updated to 874,996 ACA per month for the last 3 months.
4. For DOT->TDOT(pool#3) pool, the ACA reward rate base will be updated to 595,000 ACA per month for the last 3 months.
5. For DOT->TDOT(pool#3) pool, the TAI reward rate base will be updated to 238,000 TAI per month for the last 3 months.

Euphrates - Adjust Reward Rate for DOT LST & lcDOT pool

Council Motions