Acala to Hold Token Burn on October 26th

Name: Token Burn
Start: 2023-10-26T00:00:00Z
End: 2023-10-27T00:00:00Z

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Acala will host the next ACA burn on October 26th with 149,988 ACA tokens set to be burned.

Event date: October 26, 2023 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.

Acala
@AcalaNetwork

Acala 2.0 progress roundup 👇
🌱 aSEED is live on StellaSwap ☄️- Top DEX on Polkadot #AcalaSwap
🔥 Next ACA burn is 149,988 ACA in 13 days
🚀 #Euphrates liquidity DApp launched #LCDOT staking https://farm.acala.network/
🥩 ACA staking expected on Oct 16
🌊 ACA-USDCet pool expected on Oct 16

More 👇…

ACA Price Changes After Event Publication

ACA Events on the Chart

1.49%

1 day

2.03%

2 days

141.18%

Now (Added 1 year ago)

The event is about to begin