The Acala team submitted Referendum #195 proposing to shut down the Acala network, while the Karura team simultaneously launched Referendum #137. If the referendums pass, both chains will cease block production on February 10, 2027. The teams stated that the Polkadot and Kusama ecosystems suffer from insufficient DeFi liquidity and operating costs exceeding revenue.
Users must withdraw their external assets by February 10, 2027. LDOT must be unbound by December 16, 2026 or January 12, 2027, and LKSM must be unbound by February 2, 2027. ACA and KAR cannot be withdrawn across chains.
Among the winners of the first batch of Polkadot parachain auctions, Moonbeam stopped producing blocks on July 31, 2026, Parallel Finance and Clover have ceased operation or transformed, and only Astar is still being maintained.
