Acala represents a decentralized finance (DeFi) platform aimed at establishing the liquidity foundation for Web3 finance and serving as essential infrastructure for conventional financial services. This encompasses functionalities like a universal asset hub, a decentralized exchange (DEX), and a multi-chain asset routing bridge. Acala’s blockchain is compatible with the Ethereum Virtual Machine (EVM), facilitating developers to leverage their current code and expertise for smooth integration and ongoing enhancements. Central to its operations is the ACA token, pivotal in powering the platform’s functionalities. Stay updated on the latest financial and business news via COINTURK FINANCE.
