Polkadot DeFi Networks Acala and Karura Plan Permanent Shutdown on February 10, 2027 Acala announced plans to permanently shut down both its Polkadot-based network and sister…
Original source excerpt
Polkadot DeFi Networks Acala and Karura Plan Permanent Shutdown on February 10, 2027 Acala announced plans to permanently shut down both its Polkadot-based network and sister network Karura on Kusa…
Polkadot DeFi Networks Acala and Karura Plan Permanent Shutdown on February 10, 2027 Acala announced plans to permanently shut down both its Polkadot-based network and sister network Karura on Kusama on February 10, 2027, pending approval of Acala Referendum #195 and Karura Referendum #137. Users are urged to withdraw external assets, including DOT, KSM, USDT and USDC, before the shutdown. Native ACA and KAR tokens cannot be withdrawn. The team cited insufficient and fragmented DeFi liquidity across the Polkadot and Kusama ecosystems as the main reason for winding down. Acala and Karura were the first parachain auction winners on Polkadot and Kusama, respectively.
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