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Polkadot-Based DeFi Network Surges by More Than 80% Amid the Launch of a New Notification Feature

Polkadot-Based DeFi Network Surges by More Than 80% Amid the Launch of a New Notification Feature
A decentralized finance (DeFi) protocol based on the interoperable blockchain Polkadot ( DOT ) is skyrocketing after launching a new notification feature.
According to a recent article penned by the project’s chief growth officer, the scalable smart contract platform Acala Network ( ACA ) is enabling push notifications for users and developers of its DeFi platform.

Acala will implement push notifications from Notifi, a digital infrastructure firm that aims to deliver personalized interactions and cross-chain communications between Web3 builders and their users.
“Acala is very excited to roll out a new type of integration for the community – push notifications for on-chain events, powered by Notifi.
In the initial phase of the implementation of Notifi’s wallet-based notifications, Acala users will now benefit from streamlined communications of the ‘Notifi Hub’ and get real-time updates on different wallet activities such as governance proposals, transactions, and balance changes.”
Acala says that users and developers of the DOT-based DeFi protocol will eventually receive additional types of notifications.
“This is only the beginning of a long-term integration roadmap with Notifi – Phase 2 of our implementation will also add Notifi’s SDK [software development kit] into the Acala Apps UI [user interface] to allow expanded notification services such as CDP [customer data platform] vault health (liquidation alerts), asset price alerts, liquid staking reward alerts, and more.”
News of the feature sent Acala’s native asset flying, going from a 24-hour low of $0.11 to a peak of $0.203, a staggering 84% increase.
ACA has retraced since and is changing hands for $0.162 at time of writing.
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