Source: KARUSD Chart by TradingView
Karura is an all-in-one decentralized finance (DeFi) hub and stablecoin platform built on Kusama (KSM) and integrated into Polkadot (DOT). Karura was created by the Acala Network, which has won four Web3 Foundation grants and founded the Substrate Developer Academy.
Bifrost launches on Kusama-based Karura Swap with 200,000 BNC in rewards
Trustless trading for the BNC/kUSD pair will go live following a 48-hour period of one- or two-sided bootstrap provisioning on Karura.
Chainlink price feeds are coming to the Karura parachain
Chainlink oracles power a lot of DeFi apps, and they are finding a place in the Polkadot ecosystem.
Acala, Anchor Protocol team up to unite Terra, Polkadot Ecosystems
Acala and Anchor Protocol will work together to serve as gateways into Polkadot and Terra, bringing increased liquidity and yield opportunities for aUSD and UST
Polkadot, Kusama to launch Wormhole bridge to Ethereum, Solana
Acala and Karura protocols are set to launch integration with Wormhole to bridge between the Polkadot and Kusama ecosystems and eight different layer-1 systems, including Ethereum, Solana, and Binance Smart Chain.
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