Governance in Action

Banacubana
3 min readDec 2, 2024

Exciting Proposals Shaping the Future of Acala Network

As blockchain technology continues to evolve, community governance is becoming a powerful tool for shaping the future of decentralized platforms. At Acala Network, this principle is alive and well, with innovative proposals heating up the governance scene. If you’re an $ACA or $DOT holder or just a DeFi enthusiast now’s the time to get involved!

Here’s a breakdown of the latest community-driven proposals that are sparking excitement across the ecosystem.

Proposal: Launching Acala’s First Meme Coin – Nemo
Nemo isn’t just any token—it’s Acala’s playful dive into the meme culture that has captivated crypto enthusiasts worldwide. Inspired by the beloved Pixar movie Finding Nemo, this initiative aims to inject fresh energy into the ecosystem.

  • Proposal Highlights
    A Community-Driven Meme Token: $NEMO will engage users with its fun, lighthearted approach.
  • Liquidity Pool (LP) Creation: Launching an LP pool on AcalaSwap, enabling seamless trading.
  • Marketing & Community Incentives: A significant push to attract participation and spread the word about Nemo.

Goals of the Proposal

  • Revive $ACA Demand: With an engaging project that draws attention and increases use cases for Acala.
  • Boost Transaction Volume: More users mean more activity on the Acala Network.
  • Showcase Polkadot as a Hub for Meme Culture: Highlight the fun side of the ecosystem while expanding its appeal.
  • Funding Requested: 600,000 $ACA
    This amount will fund development, marketing, and community incentives for the Nemo token.

📊 Learn more and join the discussion: Proposal on Acala SubSquare Link

Proposal: Community Meetup in Helsinki (Passed!)

🇫🇮 Acala is heading to Helsinki! Strengthening the network’s European community, this proposal has already passed and promises to bring blockchain enthusiasts together at the Helsinki Blockchain Event on December 4.

What’s in Store?

  • $ACA Airdrops: To reward participation and engagement, attendees can claim 20 $ACA by following Acala on social media.
  • Networking Opportunities: Connect with fellow blockchain enthusiasts and share ideas about Acala’s ecosystem.
  • This meetup is a fantastic way to showcase Acala’s global reach while rewarding active supporters.

Why Community Proposals Matter

Acala’s governance model empowers the community to propose, discuss, and decide on initiatives that shape the platform. Whether it’s launching a meme coin or organizing real-world events, every voice counts in building the future of DeFi on Polkadot.

Ready to Create Your Own Proposal?

Have a great idea?

The Acala governance process is open to everyone. Here’s how you can get started:

  • Visit the Acala Forum for templates and guidelines.
  • Discuss your idea with the community to gather feedback.
  • Submit your proposal and let the governance process unfold!

Take Action Today!
Now’s the time to get involved:

  • Vote on current proposals.
  • Participate in discussions.
  • Craft your own ideas to help shape the future of Acala.
  • Your voice matters! Let’s collaborate to drive innovation and growth in the Acala Network and the broader Polkadot ecosystem.

Conclusion
Acala Network’s governance is a shining example of how community-driven decision-making can lead to exciting innovation and growth. Whether you’re excited about meme coins or connecting at global meetups, there’s something for everyone in this dynamic ecosystem.

Let’s build the future of DeFi together one proposal at a time.

DISCORD | WEBSITE

--

--

Banacubana
Banacubana

No responses yet