Home > Quick > Body

The Acala team proposes to reduce the collateral unlock period for ACAs from the current 28 days to 14 days

clock
2024-05-20 08:40:42
On May 20th, according to a report by PolkaWorld, the Acala team recently posted a discussion on its forum, proposing to shorten the pledge unlocking period of ACA from the current 28 days to 14 days. This proposal aims to enhance the liquidity and flexibility of staking holders, while maintaining the stability of the staking mechanism. By implementing this change, Acala hopes to increase the engagement and attractiveness of ACA staking, thus further promoting the development of the network and the active participation of the community.
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
New Tab Page - Desk3 | Plugin
Stay ahead of the game in the cryptocurrency space.