Acala and Karura plan permanent shutdown on February 10, 2027, pending referendums

Acala and Karura have proposed a permanent shutdown effective February 10, 2027, subject to governance referendums. The plan would wind down both Polkadot-based DeFi protocols, whose native tokens ACA and KAR and locked liquidity would be affected by the closure. The decision underscores the role of on-chain governance in blockchain ecosystems and the risks of asset immobility when a network winds down. Token holders should watch the referendum votes and any subsequent guidance on redeeming or migrating assets before the 2027 deadline.