Polkadot Monthly Report: Acala EVM is online, Karura AMA trilogy series surprise airdrops are waiting for you to win

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As the Polkadot and Kusama parallel chain auctions are getting closer and closer, although the exact date is not yet clear, the Acala development team is preparing for the launch in an orderly manner.

As the Polkadot and Kusama parallel chain auctions are getting closer and closer, although the exact date is not yet clear, the Acala development team is preparing for the launch in an orderly manner. Acala has also made significant technological progress this month, completing the first cross-chain messaging on the milestone Polkadot testnet and launching the Acala EVM.

Before Karura goes online, you may wish to learn more about and participate in the new Polkadot DeFi through the following community activities. KSM will become the main service asset of the Karura network. KSM holders can not only get Staking rewards, but also exchange for freely circulated LKSM to add other combinations The possibility of income, come and participate in the event to receive rewards!

🔥 Upcoming Community Events 🔥

# Karura AMA Trilogy

Starting this week, Acala will launch the Karura AMA trilogy series for community partners, Polkadot enthusiasts, and blockchain developers—basic, market, and technical. High-quality Q&A rewards will be distributed during the event. All friends have the opportunity to win KAR airdrops, and there are limited merchandise waiting for you to claim!

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1. Acala focus

On February 18, Acala successfully completed the cross-chain with PLM, the native asset of Plasm, through XCMP (Polkadot cross-chain messaging function). The era of blockchain cross-chain interoperability has arrived. Click the picture to view the full demo video.

On February 1st, Acala was invited to attend the annual Binance Blockchain Week, and discussed the innovation and development of future cross-chain technologies with star projects such as Chainlink, Binance X and Frontier.

From February 5th to 12th, Acala attended ETHDenver, the world's largest Ethereum hackathon, and sponsored two bonuses totaling US$3,000 for global developers. Acala EVM was also launched at the event, officially launched, and the Uniswap contract was successfully deployed and running.

On February 7th, Acala co-founder Bette Chen was interviewed by Ishan Pandey, founder of the world-renowned technology media Blockchain Research, to understand the story behind Acala's growth, and to discuss Acala's on-chain network governance and the advantages of smart contract platforms.

On February 8, Acala released an in-depth technical article explaining what is Acala EVM? and Simple Science PopularizationTake you to understand Acala EVM in 3 minutes》, Acala EVM is not only compatible with the advantages of the Ethereum smart contract platform, but also fully exploits more potential features of the Substrate framework, such as the composability of the DeFi stack, one-stop wallet operation, support for multi-currency fees, chain On the scheduler, etc., click to see more.

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2. Acala ecological development progress

Acala

The Financial Hub of the Polkadot Ecosystem

  • Compatible with latest version Rococo

  • Implemented a new version of cross-chain transfer and realized cross-chain transfer with Plasm on Rococo

  • Optimize EVM gas calculation

  • Implemented Acala Swap API for EVM

  • EVM Schedule supports canceling or adjusting Task

  • Update Substrate to work with the latest version of Cumulus

  • Join PolkaBTC


Laminar Chain

Synthetic & Margin DeX

  • Update Substrate to work with the latest version of Cumulus

  • Front-end bug fixes


Polkawallet

Moblie wallet for Polkadot

Release version v1.1.5-beta:

- The Staking module adds network pledge overview information display

- Increase the number of Acala-Mandala nodes

- Fix known bugs

UI upgrades:

In development:

In development:

- Support walletconnect protocol.

- Support for Acala Mandala TC6 network

- Upgrade UI 2.0 version

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Hereby declare

Acala has not issued any tokens yet, and you cannot currently purchase Acala tokens. Any transaction, giving, mapping transaction is forged. Please refer to the only official channel (Twitter, Medium, WeChat official account) for all token-related distribution and other news. Please be vigilant and tell each other to avoid being deceived. If you find a scam, please report it to the Acala team.

About Acala

About Acala

Acala - the world's first decentralized open financial alliance, Polkadot Ecological Finance Center, aims to create an open financial framework in conjunction with the Polkadot ecosystem, bringing financial stability, liquidity and accessibility to global encrypted assets. Core Layer 1 modules such as the Honzon protocol for cross-chain multi-asset collateralized stablecoins, the Homa protocol for releasing Staking asset liquidity, and decentralized exchanges have been launched. At present, Acala has received official financial support from the Web3 Foundation, and has received investment from several world-renowned institutions including Polychain, Pantera, ParaFi, Hypersphere, Digital Currency Group, CoinFund, 1confirmation, and HashKey.