Acala Token

Acala Token (ACA)

Full information about Acala Token (ACA). Current Acala Token price in COP, ACA open/close rates, Acala Token history charts, Acala Token market capitalization and volume.

1 ACA = 280.45 $ Colombian Peso (COP)
0.0664097 COP

Last updated: 2024-10-01 01:40:00 UTC - about 7 months ago 1 USD = 4223.000000 COP

General information
Global rank:463
Name: Acala Token Acala Token
Symbol:ACA
Current coin price (COP):280.45 $
Last hour:arrow_upward0.870 %
Last 24 hours:arrow_downward-4.16 %
Last 7 days:-3.11 %trending_down
Capitalisation (COP):302 883 826 113.00 $
Volume 24h (COP):22 635 039 289.00 $
Available supply:1 079 999 995.00 ACA
Total coin supply:1 000 000 000.00 ACA
Start date:2021-12-18
Last updated: 2024-10-01 01:40:00 UTC - about 7 months ago
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Candle
OHLC
USDEURCADGBPCHFJPYZAR
JavaScript chart by amCharts 3.20.16Value$0.03399
JavaScript chart by amCharts 3.20.16AprApr 04Apr 06Apr 08Apr 10Apr 12Apr 14Apr 16Apr 18Apr 20Apr 22Apr 24Apr 26Apr 28Apr 300.0260.0280.0300.0320.0340.0360.038
JavaScript chart by amCharts 3.20.16Volume$12,519.06
JavaScript chart by amCharts 3.20.16AprApr 04Apr 06Apr 08Apr 10Apr 12Apr 14Apr 16Apr 18Apr 20Apr 22Apr 24Apr 26Apr 28Apr 30010,000
JavaScript chart by amCharts 3.20.16AprApr 04Apr 06Apr 08Apr 10Apr 12Apr 14Apr 16Apr 18Apr 20Apr 22Apr 24Apr 26Apr 28Apr 30

Acala Token/Colombian Peso (ACA/COP) price chart

Acala Token/Colombian Peso (ACA/COP) capitalisation and volume charts

What is it?

Token: Acala (ACA)Acala (ACA) is the native utility token of the Acala Network, functioning as its primary means of governance, staking, and utility within the ecosystem. As a fungible ERC-20 compliant token, ACA is often used for paying network fees, participating in governance decisions, and staking to secure the network's operations.

Platform: Acala NetworkThe Acala Network is a decentralized finance (DeFi) hub and stablecoin platform built on the Polkadot ecosystem. Its aim is to facilitate cross-chain liquidity and offer a suite of financial applications, including a multi-collateralized stablecoin (aUSD), a decentralized exchange (DEX), and staking derivatives. Given Polkadot's interoperability features, Acala Network is poised to connect various blockchains, thereby increasing liquidity and utility in the decentralized finance sector.

What is it used for?

Acala (ACA) is multifaceted in its use-cases within the Acala Network:

  • Governance: ACA holders can participate in the network's governance by voting on proposals, updates, or changes to the network's parameters.
  • Staking: Users can stake ACA to contribute to the network's security and in return, earn rewards.
  • Network Fees: ACA is used to pay for transaction and smart contract execution fees within the Acala Network.
  • Collateral: It serves as one of the collateral options for minting the platform's stablecoin, aUSD.

Who created it?

Acala was founded by Ruitao Su and Bette Chen, who brought together their collective expertise in blockchain, finance, and engineering to develop a DeFi-centric platform in the Polkadot ecosystem.