Acala to Hold Token Burn on October 30th

Name: Token Burn
Start: 2023-10-30T00:00:00Z
End: 2023-10-31T00:00:00Z

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Acala is planning to burn the next 222,280 ACA on October 30th.

Event date: October 30, 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

💥ACA staking is live
🔥222,280 ACA burned. Next burn will be in 26 days
👏ACA-USDC pool is live, LP incentive over 200% APR https://apps.acala.network/staking/lp
🥩 Single-side #DOT & #LCDOT staking launched on #Euphrates liquidity DApp
📈4.2M DOT staked through…

ACA Price Changes After Event Publication

ACA Events on the Chart

3.35%

1 day

2.54%

2 days

79.92%

Now (Added 1 year ago)

The event is about to begin