Liquid Crowdloan DOT

Price: $4.09 0.0%
Market Cap: $0.00 (#12188)
Supply: /
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Description: Liquid Crowdloan DOT (LCDOT) is a derivatives product designed for Polkadot crowdloan participants. It provides liquidity for users who have contributed DOT to the Acala Crowdloan, allowing them to access and utilize the liquidity of their contributed DOT tokens. By holding LCDOT, users can collateralize their tokens to borrow stablecoins like aUSD...

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Liquid Crowdloan DOT (LCDOT) is a derivatives product designed for Polkadot crowdloan participants. It provides liquidity for users who have contributed DOT to the Acala Crowdloan, allowing them to access and utilize the liquidity of their contributed DOT tokens. By holding LCDOT, users can collateralize their tokens to borrow stablecoins like aUSD and engage in other DeFi activities within Acala's ecosystem, mitigating the illiquidity risk associated with locking DOT tokens for two years.

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2. Price

2.1. Market Performance

How does Liquid Crowdloan DOT's () performance compare to the median performance for assets of a similar market capitalization?

3. Developer Activity

No GitHub repos found. Either the project is not open source or we don't have data yet.

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Historic data is only available from 22nd April 2022

5. News

No recent news found.

7. More Information

Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:

Website	https://acala.network/
Twitter	@AcalaNetwork

Has Liquid Crowdloan DOT been audited for security?

No security audits found for this project.

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Supply & Trading Volume
Trading Volume (24h)	$10,348.00

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