Acala

110 Staking Interest
Project Details

Ticker:

ACA


Category:

DeFi


Description:

A decentralized finance hub and stablecoin platform powering cross blockchain liquidity and applications.


Profile Completion:
(% of auctions metrics completed)

38 %


Auction Token Metrics

PCL Token Allocation:
(% of total supply allocated for crowdloan)

11 %


Circulating Supply:
(at time of parachain launch)

To be determined


Total Supply:

1,000,000,000


Listed Price:

To be determined


Auction Reward:
(No. of tokens allocated for parachain crowdloan)

110,000,000


Reward Vesting Schedule:
(months)

To be determined


Initial Reward Release:
(at time of parachain launch)

To be determined


Initial Reward/ Circ.Supply:
(initial reward release as % of circulating supply)

To be determined


Leasing Period:
(months)

To be determined


PCL Reward Details:

34% of the total supply is allocated for auction and other rewards to launch and bootstrap the network.

It is assumed that the 1st-year parachain auction reward is 11% of supply with 30% of which is liquid on launch

Once Acala wins the auction and successfully launches the genesis of the network, all participants will receive ACA rewards upfront. A certain percentage of the total reward (may be 20-30%) will be transferable, the rest will be vested throughout the lease period (12-24 months also to be finalised). But the full balance can be used for other activities like governance other than transferring. About 17% will be allocated for the first auction and first year liquidity mining program etc. (assuming a 1 year lease). About 34% will be reserved for ongoing auctions & liquidity mining rewards.


Token Distribution

Token Distribution:

20.25% - Team
5.00% - Ecosystem
11.62% - Treasury
18.33% - Seed
10.80% - Venture
34.00% - Reward


Private Sale Blended Price:

$ 0.56


Private Sale Detail:

Seed price: $0.0736
Seed raise: $1,350,000 USD
Seed valuation: $7,363,636 USD
Tokens sold: 18,333,333 ACA (18.33%)

Series A price: $0.6481
Series A raise: $7,000,000 USD
Series A valuation: $64,814,815 USD
Tokens sold: 10,800,000 ACA (10.8%)

Vesting for Strategic investors ranges from 12-24 months