Acala has passed and implemented the second phase of community voting to resume operations

According to BlockBeats, on September 29, Acala has passed and executed the second phase of the community vote to resume operations. The vault owner can manage the debt position to ensure that the position is safe before liquidation is enabled in the third phase. DEX trading, money transfer, LDOT Instant redemption, XCM, EVM+ and other services have also been restored. In addition, since the prophecy machine is disabled, users need to evaluate the value of the vault at the current market value. And the prophecy machine, clearing and CDP lending will be launched in the third phase. BlockBeats previously reported that LP could draw down liquidity after Acala passed the first phase of its vote to resume operations on September 26.