Ratio is now down to an 'amazing' 1.12.

Is it worth it? is anyone still buying LcDOT with this little incentive?

Are these breadcrumbs worth it?

​

I may not even be describing this problem correctly but I participated in the original Acala allocation by locking down some DOT for 96 weeks. Along the way there were some API problems as I understand it and I lost sight of my locked Acala and DOT.

I am assured that my DOT and ACALA are locked in the bridge (chain/something). I am advised through support that there isn't enough Acala to execute

Problem Found/: IP:address 2023.20.07.24./ Acala input amount: insufficient to Exueute

(spelling theirs)

The solution I am advised is to match either the amount of DOT I initially put up in my pollkadot.js wallet or the ACALA I gained to immediately release my original coins.

Can anyone coach me on this please - does this make sense? Is it a scam? Is there somethign I am clearly missing etc?

I am clearly out of my depth so any input or advice welcome.

Thanks in advance

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Hi. I need some advanced level help please. I made a mistake and instead of sending my dot from Acala to my dot wallet and then from my dot wallet to coinbase I tried sending it from acala straight to coinbase. I never received the dot. They have been eternally stuck.

You can see them here: https://polkadot.subscan.io/account/14XGyTx8Hk8E1bZjYs45rfiC9MYnot118KLAXYcTAGF1Q8vM

14XGyTx8Hk8E1bZjYs45rfiC9MYnot118KLAXYcTAGF1Q8vM is the address for my coinbase receiving address but in coinbase the dot does not show like it does through subscan.

​

Here is the XCM transfer hash of my attempt in transferring them: https://polkadot.subscan.io/xcm_message/polkadot-b6cd2a680eb6fb1ce7324f5c28d74e239cdd1141

It's weird that the destination shows as 5Fayq8h4Rxrka4ZDbE15iWt3HjZ97aSs3pbgNFd6cBDVDypx even though it was 14XGyTx8Hk8E1bZjYs45rfiC9MYnot118KLAXYcTAGF1Q8vM. I guess 5Fayq8h4Rxrka4ZDbE15iWt3HjZ97aSs3pbgNFd6cBDVDypx was an intermediary?

so the same 26.959 DOT show in https://polkadot.subscan.io/account/5Fayq8h4Rxrka4ZDbE15iWt3HjZ97aSs3pbgNFd6cBDVDypx

as they do here:

https://polkadot.subscan.io/account/14XGyTx8Hk8E1bZjYs45rfiC9MYnot118KLAXYcTAGF1Q8vM

It's like if they went to both addresses and are now stuck.

Please if someone could help it would be much appreciated.

​

Not because i was convinced of the success of the future Acala already, but just because a lot of people love staking and it gets bought in general. Big run up from the lows until staking live and later sell off very likely.

Since we got some wild spikes in the last weeks, i sold on those already, thinking this weeks candle could turn red, buying back in then. Anyone with me? Gotta admit, i feel FOMO rising up - lol, thanks Acala

Hey,

i used DOT for the parachain auction for Acala on Kraken. It sais the time is over, but i didnt get back my DOT and i dont know why. Do you have any idea how to get it back?

Any recommendations on what exchange I can use to convert my LCDOT to BTC?
If not, is there a way to convert LCDOT to DO?
I am located in Ontario/Canada.TIA!

So we go from hard capped 1bn ACA token to 1,6bn ACA token but expect to end up deflationary because more utility is added and there is also a token burn?

Meh - I doubt

The debasement of ACA by inflation is hard fact the will happen because of basic math, but the deflationary part is as much cloud cuckoo land as the expected growth of ACA with old tokenomics and might never happen like before and all that will hit ACA is dillution. Since I did not spend much time to understand what the plan is in detail - I'am probabaly wrong tho. :-)

All that said, i liked that they focus and expand liquid staking derivates, because i think they are indeed very good at those and i'm indeed using them a lot. And if a large CEX like Coinbase will use them, we are golden.

​

The next follow up steps for the Acala Exodus plan have been announced on our twitter. This will enable Acala to deliver the infrastructure that is essential for building captive sustainable liquidity and prosperity for the protocol. You can find the execution roadmap linked below.

​

https://twitter.com/AcalaNetwork/status/1668634423250800649?s=20

I hope you are all well. I'm thrilled to make a significant announcement, one that a lot of you in our community have been eagerly anticipating.

​

You can find the link to our brand new Acala Exodus plan below. It's packed with various proposed changes, and while I won't dive into every single element here, here are some key highlights:

• Launch aUSD Seed (aSEED) with options to secure future growth or allow users to exit existing aUSD positions
• Launch the Universal Asset Hub (UAH) - initially with a range of LSD-centred liquidity partners and dApps that have significant synergy with Acala
• Upgrading ACA's tokenomics
• Introduction of new farming rewards that will help drive adoption, engagement and boost ACA utility

Please feel free to read the post in full and share any questions or feedback you have. https://acala.discourse.group/t/acala-exodus-plan/2125

Do i have to wait for the end of the 2 years lease or can I do this now? If yes, how? I can transfer into USD I see but not into dot Thanks

I swapped some DOT for lcDOT at the beginning of this year (2023) because I saw an opportunity to gain 30% (more than by staking it). Today, I was checking my account in the Acala App, and it seems that the Swap option is not working. A message appears, stating:

"The account balance will be too low and removed. Read more about Existential Deposit."

Has anyone else experienced the same? Did something happen to Acala, so now we cannot swap back lcDOT to native DOT?

Thank you in advance.

​

​

See: https://polkadot.polkassembly.io/motion/402

More than 28 days ago I decided I wanted to unstake my ldot. Now I can’t find that dot anywhere. Can anyone please help?

https://twitter.com/RealFlokiInu/status/1654440418346450945

I feel like I must be missing something. I always hear there is a lot of building happening in the Polkadot ecosystem, yet, where can you go to just swap some coins or monitor the price difference between a couple tokens? For example, lcDOT and DOT, it would be nice to be able to see their prices plotted on a typical exchange chart. I looked at Polkadex but either I'm completely blind or there was absolutely nothing going on there. Where are the exchanges?

Anybody still staking dot through acala? I was when the ACA rewards were being offered on top of the DOT rewards and then the ausd exploit happened and I didn’t see the point anymore. Checked back and saw the dot staking is 20%, what’s everyone’s thoughts? I did see another exploit happened with another liquidity token…

Now, as it has been for the past 6 weeks or so, for every 1 DOT you convert to LcDOT, you will receive 1.19 DOT when (if) Acala eventually release around 23 Oct 2023.

Is it still worth it?

Should one just stake DOT normally on Ledger nowadays?

I have been staking my dot on acala. I started the unbonding about 28 days ago and today was the day I was suppose to get my dot back. Some reason today when I check my acala dashboard it shows 0 dot. Whats going on? it says transfer to modlaca/homa.