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About

Acala Token (ACA) is the native utility token of the Acala Network, a decentralised finance (DeFi) hub operating within the Polkadot ecosystem. Launched by a team of blockchain developers including co-founders Ruitao Su and Bryan Chen, Acala is designed to provide a scalable, interoperable platform for financial applications. Acala Network aims to bridge the gap between DeFi applications and blockchain technology, facilitating the creation of custom financial products like stablecoins, lending, and staking. ACA tokens serve multiple roles within the network, such as paying transaction fees, participating in governance, and supporting network operations. Acala's multi-chain architecture offers users enhanced speed, security, and integration capabilities, making it a versatile asset in the rapidly evolving world of decentralised finance.