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DeFi@WuBlockchain on XFiled 11 h ago

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Acala has announced plans to permanently shut down both its Polkadot-based DeFi network and its Kusama sister network Karura on February 10, 2027, contingent on approval of Acala Referendum #195 and a corresponding Karura vote. The twin closures would retire two of the earliest parachain DeFi hubs in the Polkadot and Kusama ecosystems. The announcement did not disclose remaining total value locked or token prices for ACA and KAR. The move matters as a signal of consolidation among older parachain projects facing thin liquidity and user activity. What to watch next is whether both referenda pass and how remaining assets, liquidity and users are wound down or migrated ahead of the 2027 deadline.

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Karura, Acala, Kusama (KSM), Polkadot (DOT), Wu Blockchain

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