Acala Acala ACA
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Price
0.03086081 USD
% Change
3.70%
Market Cap
35.9M USD
Volume
8.7M USD
Circulating Supply
1.16B
39% from all time low
8941% to all time high
61% from all time low
1789% to all time high
73% are in circulation
Circulating Supply
1,166,666,660
Max Supply
1,600,000,000

Acala to Hold Token Burn on February 23rd

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Acala is set to burn 144,063 of its tokens on February 23rd.

Event date: February 23, 2024 UTC

What is coin (token) burn?

A coin (token) burn is a process of sending a certain amount of cryptocurrency to a public address that has unobtainable private keys. In the future, the sent coins cannot be spent, thus the coin burn leads to an overall decrease in the cryptocurrency circulating supply.

144,063 $ACA is set to be burnt in 8 days🔥

$ACA burning is part Acala 2.0 and the amount is comprised of unspent emissions, network fees and governance votes.

You can see the next burn by going to the treasury
https://polkadot.js.org/apps/?rpc=wss%3A%2F%2Facala-rpc.dwellir.com#/treasury
ACA Price Changes After Event Publication
6.57%
1 day
5.80%
2 days
72.58%
Now (Added 1 year ago)
The event is about to begin
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Added by Alika
Feb 16 19:07 (UTC)
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