Acala and Karura propose February 2027 shutdown as DeFi liquidity dries up
AI summary
Acala and its sister network Karura have proposed shutting down on Feb. 10, 2027, after seven years of development, citing insufficient DeFi liquidity across Polkadot and Kusama. The team outlined the proposed closure in a community letter. The wind-down of two established parachains signals deepening liquidity problems in the Polkadot and Kusama DeFi ecosystems, a negative for holders of ACA, KAR and related tokens.
