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Acala community votes to burn 2.97 billion of erroneously minted aUSD stablecoin

bossAugust 22, 2022 Exchanges, News

According to a new post by Acala Network co-founder Bette Chen, the community has voted to burn 2.97 billion worth of Acala USD (aUSD) stablecoin.Acala is a decentralized finance platform built on the Polkadot (DOT) ecosystem. The week prior, the price of aUSD fell to less than $0.01 from its

An Update on the ‘Erroneously High’ Gas Fee That Temporarily Cost DeversiFi $23.7M — CoinDesk

bossSeptember 28, 2021 ICO

In a surprise twist, however, on Monday night DeversiFi said in a tweet that the miner who received the unusual transaction fee had returned the majority of the funds – an unusually altruistic move, given that due to the nature of the blockchain the miner could have kept the funds,

Coindesk Cost DeversiFi Erroneously fee Gas High Temporarily Update Read More

Erroneously

Acala community votes to burn 2.97 billion of erroneously minted aUSD stablecoin

An Update on the ‘Erroneously High’ Gas Fee That Temporarily Cost DeversiFi $23.7M — CoinDesk

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