- XCM (HRMP) channels are being opened with 11 different parachains.
- This proposal has been tested and it took about 1.5 hours to create and test.
- A specific XCM message will be executed on Polkadot.
- The full Acala call is provided as `0x330003010003140004000000000700e40b540213000000000700e40b54020006000700e40b54022638040075021a002c3c00fb070000e8030000009001003c00fe070000e8030000009001003c0026080000e8030000009001003c002e080000e8030000009001003c0035080000e8030000009001003c000a0d0000e8030000009001003c000c0d0000e8030000009001003c00100d0000e8030000009001003c00110d0000e8030000009001003c00290d0000e8030000009001003c003c0d0000e803000000900100140d0102040001010070617261d0070000000000000000000000000000000000000000000000000000`.
- This proposal is related to blockchain technology.

Initiate opening 11 XCM channels to other active parachains

1. This proposal will accept requests from Centrifuge and Polkadex and send corresponding requests back to them.
2. It will register CFG, PDEX, and HDX in the Acala asset registry.
3. The call has been tested with Chopsticks and took about 3 hours to create and test.
4. The call includes XCM message to execute on Polkadot.
5. The overall Acala call includes multiple extrinsics.

Accept Centrifuge, Polkadex channels. Register CFG, PDEX, HDX

Proposal for partial compensation from ACA treasury of users affected by Starlay Exploit on Acala EVM

Untitled - public proposal #26

Untitled - public proposal #25

- Risk parameters are important to balance insolvencies, liquidations, and capital efficiency.
- Minimum collateral ratios should be set at appropriate levels to provide guardrails for users.
- Raising the minimum collateral ratio can prevent users from taking on additional risk.
- Liquidation is important for managing systemic risk and encouraging responsible borrowing.
- A proposal suggests increasing the minimal collateral ratio of ACA from 2.1 to 2.15 and increasing the liquidation fee from 15% to 18% to optimize for risk and capital efficiency for Acala.

Risk Parameter Change

- Unique Network (UNQ) is a cryptocurrency that can be used within its own applications.
- UNQ aims to enable users to pay network fees in application currency to create a frictionless user experience.
- To ensure the safety of UNQ's tokenomics, there needs to be a way to exchange application tokens back for UNQ.
- The proposal is to list UNQ on Acala Swap to enable seamless exchange between application tokens and UNQ.
- A bootstrap period will take place where users can contribute liquidity for UNQ or DOT, and incentives will be given to participants.

List UNQ-DOT Pair on Acala Swap

1. Someone accidentally sent a large amount of digital currency called DOT to the wrong address.
2. The DOT was sent during a system update and the mistake happened because of a coding error.
3. The person is asking the community to help them get their DOT back because they believe no one else has access to the account where the DOT was sent.
4. The person is hoping the community will understand their mistake and support their proposal to get their DOT back.
5. The person saw a similar case in another network where the user was able to get their digital currency back, so they are hopeful that they can also get their DOT back.

Return back DOT mistakenly XCM transferred to null address - public proposal #22

- A smart contract was created to distribute rewards automatically.
- The contract was tested and deployed on Karura.
- They want to distribute rewards on a daily basis instead of weekly.
- They need to change the fee and yield recipient addresses to a new EVM+ address.
- Once the change is made, they can distribute the rewards automatically.

Democracy Public Proposals