- A proposal has been made to stop the transfer of bridged assets between Acala and Parallel Finance.
- This is because of a recent attack on Moonbeam.
- Closing the channel will stop communication between Acala and Parallel Finance.
- This will prevent any further issues until the Moonbeam attack is fully investigated and resolved.
- The channel will be reopened once it is safe to do so.

Proposal to Close HRMP Channel with Parallel Finance (Para ID 2012)

Proposal for the second 6-month reward for the Acala Ambassador program

Euphrates - Adjust Reward Rate for DOT LST pool

Euphrates - Reward for JitoSOL pool

Update reward for JitoSOL pool

- 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

Update incentives for ACA Staking and ACA-USDCet pair

Reward for JitoSOL pool

- A proposal has been made to open a staking pool called JitoSOL in Euphrates contract.
- This is being done to test cross-chain experience due to differences in current testnet environments.
- Once testing is complete without issues, incentive campaigns will be proposed.
- Users are being urged not to interact with the JitoSol pool in Euphrates contract directly while testing is ongoing.
- This proposal will not introduce changes to the Euphrates front-end.

Euphrates - JitoSOL Soft Launch Proposal

- A new integration called JitoSOL will be added to enhance liquidity and yield opportunities for users.
- The team will discuss what kind of liquidity these JitoSOL will be converted into after opening the pool.
- Users can stake/unstake without restrictions before the pool opens.
- 500,000 ACA will be transferred as a reward token for the first month from Acala Treasury account to AF Account.
- The JitoSOL pool will open at block #6,518,500 and the ACA reward rate will be updated to 500,000 ACA per month for the last month at block #6,520,000.

REJECT - Euphrates - open JitoSOL pool

- Hydration tried to transfer some assets but couldn't because they didn't have enough money to pay a fee.
- The money got stuck in a special account called the Treasury Account.
- Hydration wants to give the money back to the people they were trying to send it to.
- They want to give back 0.081079 WETH for the first transfer that failed and 0.091099 WETH for the second transfer that failed.
- This will help make things right and give the money back to the right people.

Refund for failed xcm transfers from Hydration

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

- Acala & Karura have released an upgrade that improves compatibility and reduces ACA staking bonding period.
- A proposal has been made to reduce the staking unlock period for ACA from 28 days to 14 days.
- This proposal aims to enhance liquidity and flexibility for stakers while maintaining the stability of the staking mechanism.
- The pros of reducing the unlock period include increased flexibility, enhanced attractiveness, and responsive staking dynamics.
- The cons of reducing the unlock period include market risks and reduced commitment to the network.

#111 - Runtime upgrade - Update Polkadot SDK and reduce ACA staking bonding period

Stellaswap <> Acala Liquidity Incentives

1. A proposal was made to transfer 3,517,488 ACA reward tokens from one account to another.
2. There will be an update to the reward rates for two different pools involving DOT, LDOT, and TDOT tokens.
3. The update will happen at a specific block number and estimated time.
4. The ACA reward rate for DOT->LDOT pool will be 874,996 per month for the last 3 months.
5. The ACA and TAI reward rates for DOT->TDOT pool will also be updated for the last 3 months.

- A group called aSEED has some tokens in a treasury.
- They want to make the treasury grow by doing things like staking.
- They have some different kinds of tokens in the treasury, like ACA, DOT, LDOT, and LcDOT.
- They want to change some of the tokens in the treasury to a different kind called LDOT.
- They hope this will help them meet some goals they have for the value of their tokens.

Stake aSEED(Acala) Treasury Tokens

- A proposal has been made to refund users who lost assets due to a bug.
- The assets failed to transfer to the destination on AssetHub, so they will be minted on the Treasury Account (Acala) and transferred to the destination on AssetHub.
- One exception is a destination that is not alive on AssetHub, so it will be refunded to the sender account on Acala.
- The proposal includes a table with XCM hash, destination, token, and amount for each refund.
- The tokens include USDC and PINK, and the amounts range from 0.4 to 197797.3195.

Refund assets to failed XCM

- 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

Exodus Stage 2 - aSEED(Acala) conversion

Prepare $PINK Airdrop

#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.

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.

Democracy Referenda