Polkadot-based Stablecoin Acala USD Depegs after hack

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Polkadot-based Stablecoin Acala USD Depegs after hack

Guys yall seeing this?

Nancydolos Answered question
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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
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