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Acala Network to resume operations after burning 2.7B in aUSD stablecoin

Video Credit: Rumble - Duration: 01:51s - Published
Acala Network to resume operations after burning 2.7B in aUSD stablecoin

Acala Network to resume operations after burning 2.7B in aUSD stablecoin

Https://cb.run/BSnP Acala Network to resume operations after burning 2.7B in aUSD stablecoinA total of 2.97 billion aUSD erroneously minted were recovered after the glitch.

945 Total views 12 Total shares After the mining failure involving its stablecoin, aUSD, the Acala Network announced on Monday that it had resumed its operations following a referendum allowing liquidity pools (LPs) to withdraw liquidity from pools or unstake LP tokens.

The community referendum for Stage 1 of resuming Acala operations has passed and been executed.

LPs who choose to unstake LP tokens or withdraw liquidity on Acala now have the option to do so.

Https://t.co/yzvOz7zwxT — Acala (@AcalaNetwork) September 26, 2022 In August, a misconfiguration...


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