We have identified the issue as a misconfiguration of the iBTC/aUSD liquidity pool (which went live earlier today) that resulted in error mints of a significant amount of aUSD 1/
- 14 August 2022
- 3 hours ago
- View Tweet
ACA is the native token of ACALA Network. The total supply of the ACA Tokens will be minted at the launch of the mainnet and stored in the ACA Reserve Pool to be distributed to ACALA Foundation, Seed Investment Partners, IPO Participants as Reward, and the rest sold to the public.
Status | Ended |
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Whitepaper | ![]() |
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Role of token | Utility |
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Token type | Polkadot |
Hardware wallet | No |
We have identified the issue as a misconfiguration of the iBTC/aUSD liquidity pool (which went live earlier today) that resulted in error mints of a significant amount of aUSD 1/
We have noticed a configuration issue of the Honzon protocol which affects aUSD. We are passing an urgent vote to pause operations on Acala, while we investigate and mitigate the issue. We will report back as we return to normal network operation.
The $250M $aUSD Ecosystem Fund eliminates development barriers by supporting and facilitating investments in early-stage teams building on any @Polkadot or @Kusamanetwork parachain. Building a project with a strong use case for aUSD? Apply here🅰️ https://t.co/NsMQ5Lhj94https://t.co/9DE1nSJhCV
📢Start earning with @TapioProtocol $tDOT! The Tapio stableswap allows users to contribute their $LDOT tokens to the tDOT pool & earn additional rewards from Tapio swap fees and TAP token incentives. Guide⤵️ https://t.co/vyAn2Kp0KL Earn with tDOT⤵️ https://t.co/LdtFhKlmWF
🚨 The new $ACA Staking Program is live! Earn rewards in ACA and aUSD as ACA-aUSD LP tokens, and watch your rewards earn more rewards🔥 Start staking⤵️ https://t.co/zqSxSTAnSI Learn more: https://t.co/Lgzb7spsug
📚Want to add blockchain development to your skill set? Acala Solidity Engineer, @JA_JanTurk will host an advanced workshop at the @Cryptoference_ 2022, which aims to educate future DeFi engineers. 📍September 3 🇸🇮 Ljubljana Buy tickets⤵️ https://t.co/vzDTpNPu0khttps://t.co/vrquhnEDcN
👋 @MoonbeamNetwork brothers and sisters $aUSD has been enabled in the Acala bridge 🦾 Bridge: https://t.co/uLc2nHitmi Get aUSD: https://t.co/6bxv0Nf1bP Mint aUSD: https://t.co/DB2WuhiLZShttps://t.co/VvcCz4APpu
👀 $iBTC launches its bootstrap with $aUSD on Acala Swap tomorrow (11-Aug) at approx 14:00 UTC More information in @InterlayHQ 's post on the Acala governance forum here: https://t.co/i7klmdWo4Dhttps://t.co/9rRKe864MT
Acala and @AstarNetwork have teamed up to accelerate the @Polkadot DeFi ecosystem 🤜🤛 This program starts today and will involve several collaborations and $aUSD integrations throughout the Astar DApp ecosystem. Learn more and join here ⤵️ https://t.co/yVRFKFIDqH
Stake your $DOT on Acala with $LDOT Liquid Staking and earn ~20% APY Guide: https://t.co/Vw0NX8ZQXS Start staking: https://t.co/VHEVfSpik9 7 reasons to stake DOT on Acala: https://t.co/caDeAqWqUM
We are excited to announce another deep integration of $aUSD in the @MoonbeamNetwork ecosystem, with the @StellaSwap team 🦾 aUSD can be transferred trustlessly to Stella with XCM and used in the aUSD/GLMR pool, and soon in the core stablecoin basepool 👏 https://t.co/cn8ygAPy9D
Join @AstarNetwork 's @WatanabeSota and Acala's @bettechentt @danreecer_ this Wednesday for a Twitter Space on Acala and Astar's cross-parachain DeFi and $aUSD integrations on @Polkadot , and the upcoming 'DeFi Rising' collaboration 🌤 https://t.co/7GzBEmUG32
Here's a quick 🧵 on what we've been up to this past week... 1) ACA staking is back! Stakers will earn ACA-aUSD LP rewards. Since these are LP rewards, they earn trading fees. This means your rewards earn rewards. Follow this ACA staking guide: https://t.co/Hdo0qNGqqchttps://t.co/AnrJ16KVl5
$aUSD is an over-collateralized, decentralized stablecoin built as the native stablecoin of all @Polkadot and @kusamanetwork parachains. It can be transferred trustlessly to any parachain, without bridges. Let's build with aUSD🏗️ Learn more⤵️ https://t.co/z40dGvGqsw
The $aUSD fungibility pallet proposal has passed!✅ The community approval unifies $aUSD fungibility between Acala and @KaruraNetwork , allowing aUSD to serve as the native stablecoin & liquidity for the @Polkadot and @kusamanetwork ecosystem. Proposal⤵️ https://t.co/yv64g4LVkO
⚡️ @Polkadot DeFi is Rising. @AstarNetwork + @AcalaNetwork Coming soon.
⚙️ @Web3athon_xyz is where great ideas come to life. Submit your own or join a team on Discord! Sponsored by Acala, there's $800,000 in prizes with over 50 chances to win! Brought to you by @CoinDesk & @Cradl_Org . 🔒Deadline: August 7 Register⤵️ https://t.co/p4mThmfbeW
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