ACA-Acala NetworkDetailed Description

ACA-Acala Network Detailed Description

Acala is Polkadot's distributed financial network and liquidity hub. It is a layer-1 smart contract platform, scalable, compatible with Ethereum, and optimized for DeFi, with built-in liquidity and native financial Dapp. With the Acala Swap decentralized exchange, the Acala Dollar decentralized stablecoin (aUSD), the DOT Staking liquidity solution (LDOT), and the Acala EVM+, Acala gives developers access to the full functionality of Ethereum's core and Substrate.

ACA is the utility token that powers Polkadot's DeFi hub.