Polkadot-based Stablecoin Acala USD Depegs after hack

1.46K viewsGeneral Discussions

Polkadot-based Stablecoin Acala USD Depegs after hack

Guys yall seeing this?

Ruban Lovelace Answered question August 15, 2022
0

This is very misleading and factually incorrect. There was no hack, and the billion of aUSD is still in the user’s account. This user simply found a bug while using the protocol (claiming rewards from one of the LP pairs that was just launched)

The depeg occurred mainly due to retail panicking

adrian ondachchi Answered question August 15, 2022
0
You are viewing 1 out of 12 answers, click here to view all answers.