When will Acala tokens be issued (aave tokens)
When will Acala tokens be issued? When will Acala tokens be issued for the Poka Ecological DeFi project? Acala tokens are divided into two stages: the first stage is to exchange native assets for Acala’s governance token ACL before network startup; The second stage is that Acala team is ready to issue its own Stablecoin ACA. The third stage is to achieve a new liquidity pool and incentive mode through protocol upgrade, where users can obtain the newly launched DOT (ATOM) through protocol upgrade, providing more opportunities for community participants to participate in the governance work of the protocol. In the fourth stage, there will be more incentive plans to be allocated
aave Tokens
aave is the first platform to use smart contracts to support a decentralized lending market. This agreement allows users to borrow on the platform without paying any interest or guarantee fees to the lender. The native token of aave is AVAX According to the official announcement, as the smart contract of the platform has been audited, additional funds are required to initiate the agreement. If there is insufficient liquidity and stability to ensure the safe operation of the protocol, the protocol cannot be started. In addition, the project is raising $100 million together with a new project led by a venture capital fund. (CryptoGlobe)
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