# Why Acala EVM+ ## Why Acala EVM+ EVM is currently the most popular smart contract platform. Many new generation blockchains who claim to be faster and cheaper than Ethereum, would still keep the Ethereum compatibility, to attract Solidity developers allowing them to reuse existing toolchains and migrate existing contracts with minimal effort. Despite how bloated and expensive Ethereum has become, none of the challenger chains have taken any significant market share thus far. It is clear to us that building a better, faster and cheaper Ethereum is not nearly enough. Just like Ethereum can do things Bitcoin can never do, which subsequently inspired many new innovations, Substrate and Polkadot are categorically different from Ethereum that will empower many new (chain level) innovations outside of the EVM sandbox. On the Acala chain, there’re DeFi primitives (stablecoin, DEX and liquid staking), liquidity and users that can be tapped into, there are also innovations that are simply not possible on Ethereum - customizable economic policy, flexible fees, allowing users to pay transaction fee with any supported tokens; native cross-chain capabilities; on-chain governance apparatus (no more locked funds); full upgradability (no more contract migrations) and more. We’d love to have all of these composable and compatible with EVM. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://wiki.acala.network/learn/acala-evm/why-acala-evm.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.