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Acala Buzz Eps 27
Recorded: April 2, 2025 Duration: 0:23:33Space Recording
Short Summary
The Acala network is actively fostering new project launches and token issuances through its meme and dApp contest, with Easy Akala emerging as a notable winner. Boomerang facilitates new token launches, while AirPay advances bulk transaction capabilities. Strategic partnerships, such as the proposed LBank integration, aim to enhance user accessibility. Subscan's portfolio viewer upgrade and high-yield staking opportunities underscore technological advancements and earning potential within the ecosystem. Future innovations include potential liquid ACA and lending features.
Full Transcription
Oop forgot to turn it on let's see
It might be a small delay yes we're in we're in we're in let's go
Well, it's not too bad. It's just a producer. Um, what's going on? What's going on everybody?
How's everybody doing for another episode of a color buzz? Let me get the chat popped out here and we are good to go how's
everyone doing this wednesday it is the first wednesday of april which is crazy how we're
zooming through the months we got people coming in basil james in the house nice to see you nice
to see you welcome to the chat welcome to Welcome to the chat. Welcome to the chat.
Like I said, episode 27.
So we've gone 27 weeks of a call of buzz.
That's more than half a year.
26 week mark would be half a year.
So we're six months in.
GM favor. Nice to see you as well.
Welcome, welcome, welcome, welcome. No, it's good to see you guys uh lots lots to
actually discuss today so it's going to be a fun one uh sit tight and uh yeah let's uh let's get
it started so i don't keep you guys waiting too too long there's lots of things going on
in the acala network the first and foremost i want to let you guys know about the voting.
We haven't made a final post yet.
We're having our designer design the winning competitors
for the Acala meme and dap contest.
If you're not familiar with the meme and dap contest,
if you're part of a meme community
or you're a builder that likes to build dapss on EVM, join our meme and dApp
contest. There are some juicy, juicy prizes for all the participants. And at the end of every
single month, we do a vote to see who wins based on ACA voting. It is off-chain voting.
And then we distribute different prizes. We also distribute prizes to the voters and all sorts of people.
So it's a great thing to be part of.
We're going to be entering month three of six.
So we'll have April, May, and June for this contest.
We've been seeing some pretty cool things being built out.
It's interesting to see four more months of rewards and distribution and prizes, what we can bring to Akala Network.
Yeah, we'll be talking about it a little today.
There's a lot of cool stuff coming.
So first, I'd like to point out that the winner of this month's Akala Meme and Dapp Contest is Easy Akala with 2.25 million votes. So congrats to
the Easy Akala team. I think they're called Easy Crypto DAO. Congrats to you guys for winning.
They're taking snapshots as well too. I see they're taking advantage. That's pretty cool.
That's pretty cool. The Easy Akala hat. Looking nice. So congratulations on winning.
If you guys are not familiar with Easy Acala, they should have their link to the website in their bio.
I'm going to suggest that to them so that we can get quickly onto it, even if it's just a test net.
They took a snapshot of the winners.
shot of the winners. Let me see if I can get it here. Easy. Acala. I'm guessing if we look on the
Let me see if I can get it here.
Easy Acala.
dashboard, these were some of the winners for the points and the streaks. So congratulations.
I think I haven't been following too closely to know what kind of rewards that they've been
giving out. But we do know that they've won the meme adapt contest they are a um identification platform an onboarding platform
just to prove that you're a real person they've set up some pretty cool things so you can gm farm
you can play some mini games you can kind of prove that you're a real person um with the progress
that they're doing we might actually use them for our next ambassador program
so keep an eye out for you as a caller might be something we use to um to help register ambassadors
mods uh leads and any other roles that we come in so congratulations to the easy call a team
second place we have boomerang boomerang back on the leaderboards let's see how boomerang is doing
boomerang you can launch any meme coin or any token on akala it looks like it's been a little
bit since somebody's launched a token uh i heard that they're they're buying up some aka or some
tokens um unfortunately the chart is not showing so i'm not sure if they've made a purchase but
last i remember um nemo's market cap was a lot lower than this.
So I think they've made one purchase.
Maybe they're waiting for some more memes to do more purchases, but, but in any case,
you're free to launch your own meme coin or any token.
So if you do plan to launch a token and maybe run some kind of community, you can definitely
use Boomerang to launch it on a call evm the token will be live the contract will be made and you'll have you
know control of the token of how you want to set it up if you have some socials um some pretty
cool stuff so nemo's done that i think um akala russia has also set that up. And as you can see, they have their X links here or their website link and their X, oh
no, Discord link here.
So you'd be able to follow them.
And there was a big purchase being done.
Or maybe this is what got purchased.
Because that looks like a thousand ACA purchase.
So for all the ACAR holders, congratulations on your pump.
We'll see what coins come up next.
But congratulations to Boomerang. No, I can't share. We'll see what coins come up next, but congratulations to
Boomerang. No, I can't share. I can't share the alpha. They told me a little bit about their alpha,
but I can't say. Next, we have AirPay. How are you doing, Lee? Nice to see you. Nice to see you.
Nice to see you. Welcome and congratulations on being a top ambassador in Asia. You've been
killing it these past few months. So congratulations to that.
AirPay came third. AirPay, I think, do they have the name AirPay? Yes. They do bulk transactions.
I hear that they're going to be adding some more things. They've got some cool people working there. They help you do uh bulk transactions if you want to do
multiple wallets send multiple amounts um of aca uh l dot uh ausd which is almost done
and dot uh and i'm pretty sure they're on both test nets and mainnet now. Let me see if I can log in. GM GM cosmic thunderbolt nice to see you nice to see you.
Yes yes. Am I on the right account? Yes I think I am. So yes so, so they are on Akala and Testnet. So I'm curious what else they're
testing, but it's cool to see that they're on Akala. You can actually test this out. Maybe one
of these days, I'm going to do an airdrop to the people listening to the chat and I'll add all the
wallet addresses and we can test it out. How are you doing, Spencer? Nice to see you in the chat.
I think you're relatively new, unless I've missed you. We're just going over all the winners of the Akala
meme and dab contest. We had easy Akala win. We had Boomerang. We have AirPay. Now fourth place
would be Nemo. And then, oh, this one was tight. Voda and Dan was really tight. And then Voda. So we'll look at Nemo real quick. Nemo is the top meme coin on Acala.
I'm curious what their market cap is.
I wonder if they're beating all the other tokens here on Boomerang.
Now, they do have a second token here.
Usually, I don't advise to do two tokens, typically.
But it is what it is.
Nemo's here, and they're on the Acala decks if you want to own some Nemo tokens.
They're pushing. How's their AI? Oh, it is. Nemo's here and they're on the Acala decks. If you want to own some Nemo tokens, they're pushing. How's their AI? Oh, it started. Oh, very nice. Okay. They've started the automated
tweets for Nemo. Very, very nice. That's going to be interesting to follow. We'll see. We'll see
how the automated tweets for Nemomo maybe they'll gain some traction
so pretty cool the first ai driven fish on a call a network pretty cool stuff um it should
interact with banker bot that would be pretty cool that's just a side note uh air pay is ah
you're from air pay yes air pay is on main nets. As you can see here, it is, and you can send any of these four tokens
to multiple addresses to save you some time.
So pretty cool stuff from AirPay.
Do you know what the future features or enhancements are?
I know PayFi is actually really important,
and typically the simpler the better.
I can see yeah okay
invoice payments you know pay integrations i mean it's it's really just at the end of the day for a
lot of people crypto is just a way to store money send money uh in a decentralized way so we do need
all the best infrastructure for that i see air pay is working on building that out
and um the last one is vota are. Are they on main nets? I think they are
VOTA. This is test net. Let me see if we can get on main net. They are on main nets.
Let's see if we can try one out. I'm going to guess the price going up.
i'm gonna guess the price going up i'm gonna put 10aca what's this oh no no not percentages 10aca
place my bets it's a little bit a little glitch on the visual i wonder if it's because the price
is moving let me see if this works um man it must be it's a tough life being a dev to figuring out what causes these these things to
happen. You also check what it says reward period. Oh, they're gonna have a full airdrop
incentive campaign. And they have tests as faucet. Okay, no, they're setting up some pretty cool
things. I like how they they're setting up a faucet so people can just try it out first for free.
We have a referral program coming, a welcome bonus coming.
It's still on testnet.
Okay, having a problem with the Oracle feed.
Okay, and also MetaMask has been acting very weird.
Very weird.
I don't know if anybody else, you get pushed to open a tab for
MetaMask am I in let me try again enter up ensure there's sufficient time let me try five ACA let's see oh no sorry it's still on it's still on testnet
still on testnet so it's my fault but it's gonna be a cool platform I'm actually I could actually
see we do a couple bets on stream just for fun but all this of this to say, congratulations to VOTA.
There's a little bit of gamble-fi.
I think it's considered gamble-fi.
No, predictions.
Oops, it's a nicer word.
Predictions on Acala.
So it's nice to see.
Yeah, Metamask is acting weird.
So congratulations to the five winners. But something else I want to point out,
there's almost 10 million ACA that's been used to vote.
That's crazy.
There's also, you can see 208 voters.
More predictions coming on DOT, Bitcoin.
Ooh, ooh, I like it.
I like it.
That sounds fun.
So something to say, everybody that voted,
so the 208 different users, are also going to get an airdrop.
It's not mentioned in here, but every month we also have a small airdrop for everybody who participates in the vote.
So be on the lookout for that.
That should come in the next week or so.
Thank you for participating in the vote.
Next week is going to be pretty interesting.
There's been a lot of feedback about having some apps not show up once they've won
so we're talking with the team if we want to implement something like that just to give
chances to for other projects to to win now there has to be in my first thoughts there has to be a
healthy balance in that one yes we don't want one app winning every single month however we don't want
the performance level to drop where an app perhaps that wouldn't win wins because there's no
competition anymore so we're gonna have to find a healthy balance we're gonna see how that works
i'm gonna prepare that for next month if there's gonna be any kind of changes to the voting we'll
maybe we'll be sure to announce it to you guys. But first and foremost, congratulations to everybody.
Congratulations to everybody who participated for the winners. And then also, there's usually some
consolidation prizes for everybody who's participated. So if you're a builder, get in
on the contest, build something on Acala. You have a good chance of getting some traction,
build something on Akala, you have a good chance of getting some traction, trying some things out,
and helping with the whole Akala ecosystem. One more thing I do want to add though, and this will
help all people within the Meme and Dapp contest, and it's something, let me close some of these tabs,
So, sub-square.
Something in our sub-square that is, yes, LBank.
This finishes in 16 hours.
It's looking very positive.
Are there any real EVM chain?
People are mad.
That's fine.
Okay.
So LBank, we're making a proposal so that LBank can support Acala EVM+. What this means is that if you have an LBank account or for all users on LBank, if you
buy ACA on LBank, you'll be able to send it directly to your Acala EVM. You will
not need a Polkadot wallet. You will not need a Polkadot address. You can literally send it
straight to your Metamask and use your ACA on Acala EVM. So this is going to be a direct link
for LBank users. And it's also an exchange that I guess you could recommend to friends and family
that want to buy some ACA and partake in all these wonderful dApps being built on a call evm
that's going to be the first connection uh we're going to look for other exchanges uh from what i
hear some of the top tier exchanges it's pretty expensive to do an integration so we're going to
try and see what how it works with l bank and perhaps if it turns out good we can try and see
if we can work with some of the top tier exchanges to also support Akala Network.
I know we're friends with Binance. They do have a lot under their belt, even for when it's integrating their wallet and stuff.
So it's going to take some time for an exchange like Binance, but we do have connections with them.
But LBank is a great place to start because they do have a lot of users.
And it's a pretty well-known exchange.
It's in the top, I'd say, 10.
And so people, again, can buy ACA directly on LBank, send it to their MetaMask, and then,
you know, they can launch a meme.
They can do predictions on Voda.
They can become, you know, an active user on Easy Acala and all that stuff. So I'm excited for this
integration. I'm curious to see how it's going to all pan out, but it is some exciting stuff.
Another thing, Subscan. Oh, I love the guys at Subscan. They're really cool people.
Let me go back. They just upgraded, yes, the portfolio viewer so that you can actually see your LP pool.
So they've made some updates to the Acala network when you try and watch your portfolio.
So let me see if I go sub scan.
But basically what they mean, actually, I don't know if I'll be able to show
you because I don't know if I have any LP positions right away sorry let me go sub scan
the original sub scan let me not go sub scan so if you go on sub scan you go in networks you go
on a caller you will see that it's it's done some upgrades to just be a little cleaner so you can see oh
very nice very very very very nice uh i love their uh their ui changes and if you have a wallet
let's see if i can grab my wallet
wallet. Actually, no, I got to grab my talisman. Let me see if I have a spare talisman wallet.
actually no i gotta grab my uh
Let's try it out. And we were to paste it in here.
You'll be able to see cross-chain transfers, rewards.
I guess this is every time I claim my ACA.
Yes, when I claim my ACA.
My votes, you can see them.
I mean, and then, oh, here we go.
I do have some LP positions.
Here you'd be able to see if I had any dot and LP positions here.
And I do.
It's like a quarter of a dot with a 27 Lottie. That's for
poker lottery. I have a ACA USDT position still running. So they've upgraded these LP positions
so that you can also see them. And I think they also said, if I look at their, yeah, you can see
if there's any unclaimed rewards for it, if it's staked.
Like they've gone pretty granular with the additions that they've added to their screener.
So, yeah, breaks it all down.
I guess they pulled all the values.
And it helps.
It helps because I use Subscan a lot, especially when I'm helping
people that are having troubles with either transfers or wallets. So it's cool to see.
Shout out to Subscan for consistently improving their UI and user experience.
As far as the big news, I think that covers it. We're going to have an official announcement
of the winners. We're going to also announce the start of month two, month three of the contest.
We are on month three.
If you haven't registered already and you plan on registering and building, please go do so now.
It is our pinned post, so you will always be able to find it.
You can read more about our contest in the article as well.
The last thing I'd like to show you guys
is just some APYs, some juicy, juicy APYs we love.
Let's do a quick APY check.
So for, if you're a DOT holder,
you can stake DOT and get LDOT on the Acala network.
That is kind of our liquid staking token.
It's what a lot of people do.
We have millions stored in our liquid staking protocol, millions in DOT stored in our liquid staking token. It's what a lot of people do. We have millions stored in our liquid staking protocol, millions in DOT stored in our liquid staking protocol so that you're going to
get LDOT. If you hold LDOT, you're already earning the staking yield, but you can also use that LDOT
and bring it to UFRIDs to earn an extra little yield of ACA. So typically with LDOT, you get
around 9% APY. Now bringing it to Euphrates, you'd get 11.54%.
So those extra rewards would be if you use Euphrates.
If you do it natively and just kind of vanilla, you'd get around 9%.
So if you're a DOT holder, get in.
You can also do TDOT if you want to earn those rewards as well.
So there it's 9.52% and 4.7% ACA reward. So that's
pretty nice because it has a smaller TVL. There is a little bit of a higher APY. So you can always
check that out. The other thing you can check out was that pool. Let me see if I have it here.
Staking in the LP staking. We still have our ACA USDT staking pool. That's pretty juicy. Let's see. Let's see how much
APY it is. It is at 100% APY still. There's $32,000 in liquidity. So that's actually getting
more and more bigger, but it still has a juicy APY. Here you're putting ACA and USDT together.
You're putting it in the pool. You're earning some trading fees, and you're earning a bonus 100% APY in ACA. So that's a good way to farm some ACA if
you'd like some and you have an ACA USDT pair. That's very fun. And then of course, if you don't
like to get all into the deep, deep DeFi stuff, you can also just do your ACA staking. There's about 35% APY coming in from that. So
that's pretty juicy. And that's always there for everybody. So and also, I forget to mention,
and I think we should get directed straight to it. We also do have our DAP 2.0 live. If you find this
much better to look at, look, you can see our ACA staking here.
You can see your portfolio here pretty easily.
You can see your two wallets.
Wait, can you guys see my mouse?
You guys can't see my mouse.
So I got to highlight things.
You can see your two wallets at the top here.
Let me see if I can highlight anything.
I didn't know you guys didn't see my mouse.
So top right corner over here, you can see your two wallets.
That's pretty cool.
I'm surprised it shows zero as a balance because that is an error.
So we'll see what's going on with that.
Maybe it's because I'm not connected.
I don't own any NFTs.
That's another project somebody could make.
They could do an NFT project instead of a meme.
That would actually be pretty cool.
So if there's any NFT projects out there that want to do a mint, an NFT mint, and then launch a token, that is actually quite something.
That could be quite something.
Especially with our new portfolio viewer, it would be pretty cool to have NFTs on a call-up with the art as well.
Anyways, you can check all of that here.
You can do your staking here.
You can check all the features we have.
Some of them have to go back to V1, like liquid staking.
But we're working on making the whole Dapp V2 and look pretty nice.
Anyways, we're going to wrap it up on that note, guys.
Thank you for tuning in to the 27th episode of
a call of buzz we do this live stream every single week to update you guys on what's going on again
congratulations for all the competition winners looking forward to all the products that are
going to launch this month i've heard some whispers here Here's some little, little alpha. I've heard whispers of a potential liquid ACA coming.
And then in the future, maybe some lending.
But keep it on the down low.
I don't know if the teams are ready to deploy and build this month or if they're going to wait one more month.
But it's some cool guys that we've come in contact with.
And we'll see how it goes.
Anyways, guys guys thank you for
your time enjoy the rest of your day and i'll see you guys all online and next week the next episode
of a call of us cheers everybody
