Community Referendum for Stage 2 of Resuming Acala Operations Has Passed and Been Executed

The community referendum for Stage 2 of resuming Acala operations has passed and been executed. Vault owners can manage debt positions to ensure they are safe before liquidations are enabled at stage 3. Oracle prices were disabled at pre-incident levels, which are different from current market prices. Please evaluate your vaults at current market values (on CEXs, Coinmarketcap or CoinGecko etc). Other services including DEX trading, transfers, LDOT instant redeem, xcm, and EVM+ have also been resumed. Oracles, liquidation, and CDP borrowing will be enabled at stage 3.

Source

Polkadot

Cross-Chain

DeFi

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