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Difference between revisions of "Acala Foundation"
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[[File:Acala.png|thumb|Acala Foundation]] | |||
Acala is a DeFi (Decentralized Finance) network powering the aUSD ecosystem. It's a layer-1 smart contract platform that's scalable, Ethereum-compatible, and optimized for DeFi. With the Acala EVM+, Acala lets developers leverage the aUSD ecosystem while enjoying the best of Ethereum and the full power of Substrate. | Acala is a DeFi (Decentralized Finance) network powering the aUSD ecosystem. It's a layer-1 smart contract platform that's scalable, Ethereum-compatible, and optimized for DeFi. With the Acala EVM+, Acala lets developers leverage the aUSD ecosystem while enjoying the best of Ethereum and the full power of Substrate. | ||
== aUSD == | == aUSD == | ||
aUSD is the Polkadot-native decentralized stablecoin backed by DOT (Polkadot Token), DOT derivatives and cross-chain assets like BTC or ETH. | aUSD is the Polkadot-native decentralized stablecoin backed by DOT (Polkadot Token), DOT derivatives and cross-chain assets like BTC or ETH. | ||