Xarabek
  • Home
  • Crypto
    • Bitcoin
    • Ethereum
    • Altcoins
    • NFT
    • DeFi
  • Learn
    Why Decentralized Exchanges Are On Rise? Can INNODEX Surpass Binance and Uniswap?

    Why Decentralized Exchanges Are On Rise? Can INNODEX Surpass Binance and Uniswap?

    Best Crypto Exchange Affiliate Programs in 2023

    Best Crypto Exchange Affiliate Programs in 2023

    What does Crypto Index fund Means and How to Invest?

    What does Crypto Index fund Means and How to Invest?

    Who Will Reach $1 First In 2023?

    Who Will Reach $1 First In 2023?

    5 Best New BSC Cryptocurrencies To Invest In 2023

    5 Best New BSC Cryptocurrencies To Invest In 2023

    Investing Penny Stocks? 5 Crypto Stocks To Watch Now

    Investing Penny Stocks? 5 Crypto Stocks To Watch Now

    5 Reasons Why Shiba Inu Will Rule The Crypto Market In 2023

    5 Reasons Why Shiba Inu Will Rule The Crypto Market In 2023

    Top 5 Cryptocurrencies Under $1 that Will Explode in January 2023

    Top 5 Cryptocurrencies Under $1 that Will Explode in January 2023

    Chinese New Year And Bitcoin Will There Finally Be Fireworks For The King

    Chinese New Year And Bitcoin Will There Finally Be Fireworks For The King

  • Analysis
    Rally Gathers Pace, $0.55 Target In Sight

    Rally Gathers Pace, $0.55 Target In Sight

    Polkadot Experiences Correction After Reaching $5.54: What’s Next In Store?

    Polkadot Experiences Correction After Reaching $5.54: What’s Next In Store?

    ADA Price (Cardano) Breaking This Resistance Could Spark Bullish Moves

    ADA Price (Cardano) Breaking This Resistance Could Spark Bullish Moves

    NEO Token Surges 10% In The Past 24 Hours

    NEO Token Surges 10% In The Past 24 Hours

    XRP Revisits $0.47 – What Can Be Expected For Short-Term Price Movement?

    XRP Revisits $0.47 – What Can Be Expected For Short-Term Price Movement?

    70% Price Drop, But These Charts Reveal Its True Value

    70% Price Drop, But These Charts Reveal Its True Value

    Bullish Case For Litecoin Grows Stronger As LTC Halving Draws Close

    Bullish Case For Litecoin Grows Stronger As LTC Halving Draws Close

    Ethereum Price Corrects But This Level Could Trigger Fresh Increase

    Ethereum Price Could See “Liftoff” If ETH Clears This Resistance

    Polygon Aims Recovery To $1

    Polygon Aims Recovery To $1

  • Play2Earn
    Play to Earn with Eternal Dragons via PvP and PvE Leaderboards

    Play to Earn with Eternal Dragons via PvP and PvE Leaderboards

    Play to Mint with Tearing Spaces Beta

    Play to Mint with Tearing Spaces Beta

    Shoot-em-up to Earn with Grit Launch

    Shoot-em-up to Earn with Grit Launch

    Play and Earn in Illuvium Zero Alpha Season 1

    Play and Earn in Illuvium Zero Alpha Season 1

    Life Beyond Opens Solo Combat Trials

    Life Beyond Opens Solo Combat Trials

    Burn DEC for Splinterlands Rewards

    Burn DEC for Splinterlands Rewards

    Mojo Melee Releases Summer Roadmap

    Mojo Melee Releases Summer Roadmap

    Gods Unchained Releases 2023 Roadmap

    Gods Unchained Releases 2023 Roadmap

    City States: Medieval and Axes Metaverse Closing Servers

    City States: Medieval and Axes Metaverse Closing Servers

  • Investment
    • subscription packages
  • Strategy
  • Market Cap
  • Tutorial
  • Shop
No Result
View All Result
Xarabek
  • Home
  • Crypto
    • Bitcoin
    • Ethereum
    • Altcoins
    • NFT
    • DeFi
  • Learn
    Why Decentralized Exchanges Are On Rise? Can INNODEX Surpass Binance and Uniswap?

    Why Decentralized Exchanges Are On Rise? Can INNODEX Surpass Binance and Uniswap?

    Best Crypto Exchange Affiliate Programs in 2023

    Best Crypto Exchange Affiliate Programs in 2023

    What does Crypto Index fund Means and How to Invest?

    What does Crypto Index fund Means and How to Invest?

    Who Will Reach $1 First In 2023?

    Who Will Reach $1 First In 2023?

    5 Best New BSC Cryptocurrencies To Invest In 2023

    5 Best New BSC Cryptocurrencies To Invest In 2023

    Investing Penny Stocks? 5 Crypto Stocks To Watch Now

    Investing Penny Stocks? 5 Crypto Stocks To Watch Now

    5 Reasons Why Shiba Inu Will Rule The Crypto Market In 2023

    5 Reasons Why Shiba Inu Will Rule The Crypto Market In 2023

    Top 5 Cryptocurrencies Under $1 that Will Explode in January 2023

    Top 5 Cryptocurrencies Under $1 that Will Explode in January 2023

    Chinese New Year And Bitcoin Will There Finally Be Fireworks For The King

    Chinese New Year And Bitcoin Will There Finally Be Fireworks For The King

  • Analysis
    Rally Gathers Pace, $0.55 Target In Sight

    Rally Gathers Pace, $0.55 Target In Sight

    Polkadot Experiences Correction After Reaching $5.54: What’s Next In Store?

    Polkadot Experiences Correction After Reaching $5.54: What’s Next In Store?

    ADA Price (Cardano) Breaking This Resistance Could Spark Bullish Moves

    ADA Price (Cardano) Breaking This Resistance Could Spark Bullish Moves

    NEO Token Surges 10% In The Past 24 Hours

    NEO Token Surges 10% In The Past 24 Hours

    XRP Revisits $0.47 – What Can Be Expected For Short-Term Price Movement?

    XRP Revisits $0.47 – What Can Be Expected For Short-Term Price Movement?

    70% Price Drop, But These Charts Reveal Its True Value

    70% Price Drop, But These Charts Reveal Its True Value

    Bullish Case For Litecoin Grows Stronger As LTC Halving Draws Close

    Bullish Case For Litecoin Grows Stronger As LTC Halving Draws Close

    Ethereum Price Corrects But This Level Could Trigger Fresh Increase

    Ethereum Price Could See “Liftoff” If ETH Clears This Resistance

    Polygon Aims Recovery To $1

    Polygon Aims Recovery To $1

  • Play2Earn
    Play to Earn with Eternal Dragons via PvP and PvE Leaderboards

    Play to Earn with Eternal Dragons via PvP and PvE Leaderboards

    Play to Mint with Tearing Spaces Beta

    Play to Mint with Tearing Spaces Beta

    Shoot-em-up to Earn with Grit Launch

    Shoot-em-up to Earn with Grit Launch

    Play and Earn in Illuvium Zero Alpha Season 1

    Play and Earn in Illuvium Zero Alpha Season 1

    Life Beyond Opens Solo Combat Trials

    Life Beyond Opens Solo Combat Trials

    Burn DEC for Splinterlands Rewards

    Burn DEC for Splinterlands Rewards

    Mojo Melee Releases Summer Roadmap

    Mojo Melee Releases Summer Roadmap

    Gods Unchained Releases 2023 Roadmap

    Gods Unchained Releases 2023 Roadmap

    City States: Medieval and Axes Metaverse Closing Servers

    City States: Medieval and Axes Metaverse Closing Servers

  • Investment
    • subscription packages
  • Strategy
  • Market Cap
  • Tutorial
  • Shop
No Result
View All Result
Xarabek
No Result
View All Result

DFG allocates 500,000 DOT to Acala ahead of Polkadot parachain auctions

2021-11-08
in DeFi
0
DFG allocates 500,000 DOT to Acala ahead of Polkadot parachain auctions
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter
Deposit and Earn Up to $3000 Bonus

Crypto funding agency Digital Finance Group (DFG) has allotted over 500,000 DOT ($26.5 million) to Acala, a DeFi platform developed on the Polkadot blockchain community, forward of its bid for a parachain slot.

You might also like

Cardano’s native DeFi protocols surge as TVL soars 230% in 2023

Vitalik Buterin says Ethereum’s consensus is ‘fragile’ and should not be stretched

Tornado Cash attacker creates proposal that could restore governance

“We proudly announce our very first resolution: 500,000 DOT that can be contributed to the Acala Crowdloan. This was a choice made even earlier than there was any public announcement of the rewards and bonus for crowdloan participation. Some might query or view it as a daring transfer, however we take it with confidence,” mentioned DFG in an announcement.

“We regard Acala as a excessive conviction long-term funding mission as we uncover its uniqueness alongside the best way of conducting in-depth analysis and rising along with the crew,” it added.

🚨We’ve simply contributed 500,000 DOTs to the @AcalaNetwork Parachain Crowdloan!!! 🚨

We’re very excited to be instantly concerned by way of funding and crowdloan participation within the development of the @Polkadot ecosystem!🚀

⬇️Learn why we did it⬇️ https://t.co/Wkk74ZwTCI

— DFG (@DFG_OfficiaI) November 5, 2021

What’s Acala Community?

Acala Community goals to gasoline energy Polkadot’s DeFi hub with its layer-1 good contracts platform. Polkadot is a platform that enables various blockchains to switch messages, together with worth, in a trust-free vogue; sharing their distinctive options whereas pooling their safety. 

Tasks can ‘bid’ for slots on the Polkadot platform utilizing DOT and by profitable the help of the broader neighborhood, the primary of which matches stay later this month.

In June, Acala Community was the primary mission to win the primary parachain public sale on Kusama, Polkadot’s so-called extra chaotic cousin blockchain. 

Acala plans to safe its place on Polkadot by way of a crowdloan, with supporters receiving the ACA tokens as compensation for the crowdloan. The mission initially launched the Liquid Crowdloan Dot (IcDOT) tokens, permitting early contributors to make the most of an unlocked token that represents their DOT contribution.

In the meantime, demand for Polkadot’s parachains has pushed DOT costs to an all-time excessive. The weekend noticed DOT commerce over $54 earlier than retreating to Monday’s $53, reaching a market cap of $55 billion and turning into the eighth-largest blockchain by worth on this planet.

Deposit and Earn Up to $3000 Bonus

Like what you see? Subscribe for updates.



Source link

Tags: AcalaAheadAllocatesAuctionsDFGDOTParachainPolkadot
Share30Tweet19

Recommended For You

Cardano’s native DeFi protocols surge as TVL soars 230% in 2023

2023-05-27
0
Cardano’s native DeFi protocols surge as TVL soars 230% in 2023

Information from DeFiLlama confirmed the Whole Worth Locked (TVL) within the Cardano DeFi ecosystem at present quantities to $161.81 million.At first of 2023, the determine got here in...

Read more

Vitalik Buterin says Ethereum’s consensus is ‘fragile’ and should not be stretched

2023-05-24
0
Vitalik Buterin says Ethereum’s consensus is ‘fragile’ and should not be stretched

Vitalik Buterin warned in a blog post as we speak that Ethereum’s consensus is fragile and must be used “sparingly” due to the excessive danger of forks within...

Read more

Tornado Cash attacker creates proposal that could restore governance

2023-05-24
0
Tornado Cash attacker creates proposal that could restore governance

What's Crypto Alpha?A web3 membership designed to empower you with cutting-edge insights and information. Be taught extra ›Related to AlphaWelcome! 👋 You're related to Crypto Alpha. To handle...

Read more

Deloitte enters the Polkadot ecosystem to issue reusable digital credentials

2023-05-09
0
Deloitte enters the Polkadot ecosystem to issue reusable digital credentials

What's Crypto Alpha?A web3 membership designed to empower you with cutting-edge insights and data. Be taught extra ›Linked to AlphaWelcome! 👋 You're related to Crypto Alpha. To handle...

Read more

BNB Chain had over 10M active addresses in April; Ethereum had 4.9M

2023-05-04
0
BNB Chain had over 10M active addresses in April; Ethereum had 4.9M

BNB chain had 10.9 million lively addresses in April — the very best, regardless of an 11% drop from March, information from on-chain analytics platform Nansen shows.Solana (SOL)...

Read more
Next Post
ETH Price Discovery Continues As $5K Looms

ETH Price Discovery Continues As $5K Looms

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Related News

Cardano ADA Trades Below The $0.41 Mark, Will It Break The Barriers?

Cardano ADA Trades Below The $0.41 Mark, Will It Break The Barriers?

2023-04-26
Blue-Chip NFTs worth the label? A BAYC, CryptoPunks case study

Blue-Chip NFTs worth the label? A BAYC, CryptoPunks case study

2022-08-28
LINK set to leverage demand; should investors rely on Chainlink’s oracle services

LINK set to leverage demand; should investors rely on Chainlink’s oracle services

2022-05-18

Browse by Category

  • Altcoins
  • Analysis
  • Bitcoin
  • Crypto
  • DeFi
  • Education
  • Ethereum
  • Investment
  • Learn About Crypto
  • NC
  • NFT
  • Play2Earn
  • Strategy
  • Uncategorized

ABOUT US

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, Investment, Market, and more.

Referall

https://bit.ly/2Y2f9sP

CATEGORIES

  • Altcoins
  • Analysis
  • Bitcoin
  • Crypto
  • DeFi
  • Education
  • Ethereum
  • Investment
  • Learn About Crypto
  • NC
  • NFT
  • Play2Earn
  • Strategy
  • Uncategorized

NEWSLETTER

  • Contact
  • Terms & Conditions
  • Privacy Policy

© 2021 Xarabek - All rights reserved

No Result
View All Result
  • Home
  • Crypto
    • Bitcoin
    • Ethereum
    • Altcoins
    • NFT
    • DeFi
  • Learn
  • Analysis
  • Play2Earn
  • Investment
    • subscription packages
  • Strategy
  • Market Cap
  • Tutorial
  • Shop

© 2021 Xarabek - All rights reserved

  • RelevantRelevant(REL)$0.825.35%
  • YAM v2YAM v2(YAMV2)$4.70-1.41%
  • PolkaBridgePolkaBridge(PBR)$0.439876-7.02%
  • B20B20(B20)$0.4507925.62%
  • BitballBitball(BTB)$0.0019770.37%
  • CornichonCornichon(CORN)$0.073096-0.86%
  • MoonToolsMoonTools(MOONS)$13.810.00%
  • StacyStacy(STACY)$0.0007100.00%
  • Lunch MoneyLunch Money(LMY)$0.0004180.00%
  • DSLA ProtocolDSLA Protocol(DSLA)$0.003679-6.88%