Expand your Acala Network DeFi skills:
a. Remove liquidity (LP token aUSD - LCDOT) from the Acala network - (0:34)
ab. Transaction problem - and what to do about it (1:53 - 3:49)
b. Pay back your aUSD loan - (3:50)
c. Thoughts and Review - (4:41)
Acala Network is still new and experimenting, but this is frustrating to the new user. Simple functions turn out to be a nightmare and all I do is check their documentation. They have buggy UI/UX, slow(er) transaction times and missing reporting.
I don't understand, for example, why I don't have a financial report showing all of my transaction history; how much interest I payed by borrowing the aUSD stablecoin; or how many fees I've paid total to the Acala Network. If you know where that is located, please let me know!
Maybe there's an opportunity here to create a sort of app like Zapper.fi to showcase all of the DOTSAMA products, transactions and reports within a wallet. If you are interested in building a first DeFi financial report / dashboard - reach out to me and would be happy to build something as such for the entire ecosystem.
Until next time!
#Polkadot #Kusama #Acala #Defi
$ACA $DOT $KAR $KSM
