Tag: aUSD
Acala Network Resumes Operation After Burning $2.97 Billion Acala USD (aUSD)
After the latest stablecoin-related aUSD failure, the Acala network announced Monday that It has resumed following community opinions allowing LPs to withdraw liquidity from the pool or unstake LP tokens.…
Acala Community Votes to Burn $2.97 Billion Acala USD (aUSD)
fromA post by Acala Network co-founder Bette Chen states that the community has voted to burn $2.97 billion worth of Acala USD (aUSD). caused by liquidity bridge failure Acala is…