Crypto investment firm Digital Finance Group (DFG) has allocated over 500,000 DOT ($26.5 million) to Acala, a DeFi platform developed on the Polkadot blockchain network, ahead of its bid for a parachain slot.
“We proudly announce our very first decision: 500,000 DOT that will be contributed to the Acala Crowdloan. This was a decision made even before there was any public announcement of the rewards and bonus for crowdloan participation. Some may question or view it as a bold move, but we take it with confidence,” said DFG in a statement.
“We regard Acala as a high conviction long-term investment project as we discover its uniqueness along the way of conducting in-depth research and growing together with the team,” it added.
We have just contributed 500,000 DOTs to the @AcalaNetwork Parachain Crowdloan!!!
We are very excited to be directly involved through investment and crowdloan participation in the growth of the @Polkadot ecosystem!
Read why we did it https://t.co/Wkk74ZwTC
We współpracy z: https://cryptoslate.com/dfg-allocates-500000-dot-to-acala-ahead-of-polkadot-parachain-auctions/
