Polkadot-based Stablecoin Acala USD Depegs after hack

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Polkadot-based Stablecoin Acala USD Depegs after hack

Guys yall seeing this?

Ruban Lovelace Answered question August 15, 2022
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Probably the last you’ll hear of it aswell if it’s been de pegged lol

Myat Kelly Answered question August 15, 2022
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I have a friend whos in Acala and have minted a fair few aUSD to borrow..no clue what happens next but it seems this wasn’t a planned attack or hack..just a user who found an exploit in the iBTC pool and minted themselves over 1 billion aUSD

Joan Husk Answered question August 15, 2022
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Is there a master list of stablecoins that have destabilized?

Luwis K Posted new comment August 15, 2022

Just search stable coins with a value less than $1

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Glad that for once it is a chain I have nothing to do with. Really nice breath of fresh air watching from the sidelines

Trevor Moraes Answered question August 15, 2022
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In my eyes, the developers are not the only ones to blame. In my opinion, those who have checked the smart contracts bear a significant share of the blame, since not every user has the opportunity to check smart contracts themselves.

Luwis K Answered question August 15, 2022
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