Polkadot-based Stablecoin Acala USD Depegs after hack
Polkadot-based Stablecoin Acala USD Depegs after hack
Guys yall seeing this?
Ruban Lovelace Answered question August 15, 2022
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