#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

aSEED I: aUSD to aSEED conversion

Revert aUSD quota initiated for the fungibility pallet

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

Untitled - public proposal #25

- 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.

Acala Risk Parameter Change Proposal - May 2023

Resume full functionality of Taiga stable asset pallet on Acala

Runtime upgrade to fix Taipa stable asset pallet

Proposal 1 to fix problems caused by a special case handling issue in Taiga stable asset pallet on Acala

- 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 Referenda