Acala Launch Phases
Acala network has a phased launch plan. Keep up-to-date with the roll-out plan by viewing this live roadmap.
Current Phase: Win Acala Parachain Slot Auction - Acala Genesis Launch
The Genesis block of the Acala network will be launched on 18th December, 2021, as a Proof of Authority network. Governance was restricted to a single super-user (sudo) key, which is held by the Acala Foundation to issue transactions and upgrades to resolve issues and completes the launch process.
Since genesis, Acala's network security is provided by Polkadot's Nominated Proof of Stake (NPoS) Validators upon launch. Acala's Collators will be provided by node service partners at this stage.
- Airdrops
- Build Acala #1
- Build Acala #2
- Acala crowdloan
- Others
Acala will perform a set of tests and verifications to ensure the network is operational.
- Collators are producing blocks as expected
- Polkadot is verifying blocks from Acala as expected
- Runtime upgrade to fix any issues
- Block time is stable
- p2p connectivity is good
- RPC node availability is good
Transfer DOT from Polkadot Relay Chain to Acala parachain and back via xtoken will be enabled. However, transfer within the Acala parachain will still be disabled at this stage.
Batch distribution of ACA & LCDOT to
- Airdrops to pre-ACA holders
- Build Acala Participants
- Crowdloan Participants via Acala Website, Polkawallet and partner exchanges.
- Other round participants
If you have participated via exchanges or custodial agencies, the rewards will be distributed to you by these exchange and custodial agencies. Please contact them directly for the distribution schedule.
If you have participated via exchanges or custodial agencies, the rewards will be distributed to you by these exchange and custodial agencies. Please contact them directly for the distribution schedule.
If you participated in Acala** crowdloan via the **Polkadot web app directly, or via non-custodial wallets other than Polkawallet and Fearless wallet, you will need to agree to our T&C by completing a claim process for ACA. The Claim ACA website can be found here.
After the chain has been running stably with the collator set, the sudo key will perform a runtime upgrade and enable appointed Councilors and democracy. Other councils including Financial Council, Technical Council, and Liquid Staking Council, as well as public referenda will also be enabled.
Once the chain has been running well under Elected Council, it will propose to enable democracy - public referenda.
Enable public referenda so that anyone can propose a referendum by depositing the minimum amount of tokens for a certain period.
Sudo module will be removed via a runtime upgrade, and the Acala network will be governed by on-chain governance and token holders hereafter.
Balance transfers within the Acala network are restricted until this point.
- Enable Stablecoin
- Enable Swap
- Enable Liquid Staking
Details of launching specific collaterals and liquidity pools, as well as associated bootstrap programs will be announced separately.
Last modified 5mo ago