The Acala community has initiated the second phase of voting for the restoration of operations. If approved, the network will restart on September 29

Chain Catcher news, the Acala community today initiated the second phase of voting to restore operations. Once the vote passes, most services (DEX, CDP repayment/closure/withdrawal, transfers, xcm, EVM+, etc.) will begin to resume from block #1960470, and the network may restart at 10:27 AM Beijing time on September 29, 2022.

In addition, functions such as oracles, liquidation, and CDP lending will not be enabled until the third phase. The second phase provides vault owners with an opportunity to secure their debt positions before the oracle starts providing market prices. Previous report, the first phase of voting for Acala's restoration of operations has passed, and LP holders can withdraw liquidity. (Source link)