Polkadot DeFi Darling Acala Has Gathered Over $600M and Counting


“The main complaint we were getting from people was that two years is a long time to lock up their DOT,” said Reecer. “So we built what is basically a crowdloan derivative of that. So now when people contribute through Acala, they get ACA, of course, but then they also get this lcDOT, which allows them to have a liquid form of the DOT they contributed.”


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