Acala community proposes to convert all LCDOT and DOT in aSEED Treasury to LDOT
According to Odaily Planet Daily, the Acala community launched a new proposal to convert all LCDOT and DOT in aSEED Treasury into LDOT. After the conversion, aSEED Treasury will contain 38,132,802.4 ACA, 1,027.8 DOT, 13,799.4 LDOT and 5,470.4 LcDOT. aSEED Treasury aims to increase its holdings of assets through staking and other mechanisms to meet or even exceed redemption standards, and the proposal proposes staking LcDOT and DOT through LDOT.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Analyst: It seems reasonable for Amazon to keep a "small portion" of its cash in Bitcoin
Bellede has transferred a total of approximately 9 million USDC to Ondo Finance this week
Data: USDC Treasury has issued an additional 50 million USDC on Ethereum