- Bitget is a cryptocurrency exchange that helps people trade and invest in cryptocurrencies.
- They are offering a new campaign where users can stake ACA and receive extra ACA tokens.
- Staking on Bitget allows users to earn interest every day and redeem their stake at any time.
- Bitget does not take a cut of earnings and offers a low-risk way to earn income.
- A sponsor is proposing a campaign to offer extra rewards for staking ACA on Bitget, with a budget of 142,857 ACA tokens.

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Proposal for ACA staking extra reward campaign on Bitget Exchanges. 

Voting - Inject ACA Staking reward funds and adjust the Swap incentive rate

- Binance Web3 Wallet is a special kind of wallet that helps people explore Web3 easily and safely.
- Acala is sponsoring a two-phase campaign with Binance Web3 Wallet to help people interact with Acala EVM through the wallet.
- New users who create a Binance Web3 Wallet, do a swap, and some actions in Acala EVM during the campaign period can get a special token airdrop.
- Acala will get more exposure to Binance's 150 million users and bring in new users to their ecosystem.
- Acala will distribute a total of 1,657,197 ACA tokens to users who participate in the two-phase campaign.

Proposal for Acala x Binance web3 wallet campaign

1. A transfer of ACA reward tokens was made from one account to another.
2. At a certain block number and time, the reward rates for certain pools were updated, including the base and loyalty bonuses for ACA and TAI.
3. At a later block number and time, the reward rates for the same pools were updated again, including the base and loyalty bonuses for ACA and TAI.
4. The pools being updated are DOT->LDOT and DOT->TDOT.
5. These updates will affect the amount of ACA and TAI rewards that users can earn from these pools.

Voting - Adjust Reward Rate for Euphrates DOT LST pool

#87 Runtime upgrade - Bug fixes and improvements

For a second-grade student:

1. A group called Acala wants to give people some digital money called ACA as a reward for doing things that help their project. They want to move some of this money from one account to another.
2. They want to change how much ACA people get as a reward for "staking" (which means holding onto the ACA) starting on October 30, 2023.
3. They also want to change how much ACA people get as a reward for "staking" a pair of digital money called ACA-USDC starting on the same day.
4. They want to give more ACA as a reward for staking in both cases.
5. This is all part of a plan to encourage people to help Acala and use their digital money.

Adjust the reward rate for ACA staking and ACA/USDC LP staking

SubSquare has proposed some changes to the Acala network. Here's what they want to do:

- Transfer some ACA reward tokens from one account to another.
- Increase the reward rate for two pools on the Acala network.
- The changes will happen at a specific block number in the future.
- The changes will increase the amount of ACA tokens people can earn for participating in these pools.
- The changes will also increase the loyalty bonus for people who stay in the pools for a long time.

Increase Reward Rate for DOT LST pool

1. A transfer of 1,458,328 ACA reward tokens will be made from one account to another.
2. At a certain time in the future, new rules will be put in place for different pools of tokens. There will be changes to the amount of ACA and TAI rewards given, and unstaking will be paused temporarily. 
3. Later on, the conversion of DOT to LDOT and TDOT will be authorized, and unstaking will be allowed again. 
4. At a later time, loyalty bonus rewards will no longer be deducted when claiming rewards for certain pools. 
5. All of these changes will happen at specific block numbers and times in the future.

Launch DOT LST pool and Adjust Reward Rate

LCDOT is a type of token that lets people use their DOT contribution to Acala crowdloan to access liquidity. Acala has leased a parachain slot and will get another one for two years. When the lease ends, the crowdloaned DOT will be claimed and available on Acala. This proposal is to set up a procedure for LCDOT holders to claim their DOT back. There are two calls involved, and the first one is to claim back a small amount of DOTs as a test call. The second call will transfer the remaining amount back to the crowdloan pallet. Once the funds are deposited successfully, users will be able to redeem their LCDOT to DOT 1:1.

Claim LCDOT Upon Acala Crowloan Unlock

Adjust Euphrates Reward Rate - Third And Fourth Weeks

Marketing & extra rewards bounty for Polkadot Crowdloan Unlock Party Campaign

- Acala is launching a liquidity mining program to reward participants.
- Participants can receive up to 20 million ACA per month in ACA staking, boosted LCDOT and DOT staking, and participation in select liquidity pairs on Acala Swap and various ecosystem DApps.
- The program has two sub-programs: ACA Staking and ACA Liquidity Pair.
- The target ACA Staking APR is 10%, and the target Staking Rate is 30% to 50%.
- The first liquidity pair is ACA-USDCet, with a target APR of 10% - 16% and a target liquidity of $5 - 10M.

Initial Stage of the ACA Staking and Acala Swap Liquidity Mining Program 🚀

Adjust Euphrates Reward Rate-Second Week

#78 Runtime upgrade - Bug fixes and improvements

- Acala is upgrading and launching a new Universal Asset Hub.
- A new liquidity mining program has been introduced to empower participants and provide them with rewards.
- The program includes up to 20 million ACA per month in ACA staking, boosted LCDOT and DOT staking via the Euphrates DApp, and participation in select liquidity pairs on Acala Swap and various ecosystem DApps.
- The first phase of the Euphrates DApp will accept LCDOT for tDOT and LDOT pools, with a target launch APR of 35-55% for LCDOT staking.
- A proposal has been made to transfer 4,895,833.33 ACA reward tokens to the Euphrates Proxy Account and initialize farming pools for the program.

Initial Stage of the Euphrates Liquidity Mining Program

#76 Runtime upgrade - Update Substrate/Cumulus/Polkadot version to v1.0.0

ACA Emission Vote

Revert aUSD quota initiated for the fungibility pallet

aSEED I: aUSD to aSEED conversion

Runtime upgrade - Update Substrate/Cumulus/Polkadot version to v0.9.40

- A proposal has been made to adjust the risk parameters of aUSD in preparation for its conversion to aSEED (Acala).
- The risk parameters that will be adjusted include the liquidation ratio, debt ceiling, stability fee, and liquidity penalty.
- The liquidation ratio will be set to 0%, which means that there will be no margin for error in the event of a price drop.
- The debt ceiling will also be set to 0, which means that no more aUSD can be minted.
- The proposal was made following the passing of the vote for the generation of the Exodus Plan.

aSEED (Acala) I Setting risk parameters of aUSD

- A proposal was made to improve risk management for Acala.
- The proposal suggests decreasing the debt ceiling for DOT, LDOT, LCDOT, and ACA.
- Risk parameters need to be adjusted based on market conditions to balance insolvencies, liquidations, and capital efficiency.
- Lowering the debt ceiling can help reduce the risk of excessive debt exposure.
- This will help the protocol remain solvent and resilient in volatile market conditions.

Democracy External Proposals