Stablecoin event
aUSD converts one-to-one into aSEED
Acala converted account balances and liquidity positions from aUSD to aSEED one-to-one and updated the on-chain asset registry name and symbol.
ImpactCritical
Detail kindMigration
Sources1
Acala Dollar / aUSD Seed
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Acala Network
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| Date | 2023-07-20 |
|---|---|
| Event type | Token Migration |
| Event detail kind | Migration |
| Stablecoin subjects | Acala Dollar / aUSD Seed |
| Organization subjects | Acala Network |
| Impact | Critical |
| Effect on stablecoin status | Migrated |
| Recovery / reversal | Not applicable / unresolved |
| Recovery date | — |
| Cause or mechanism | All aUSD balances and LP positions converted one-to-one to aSEED while the on-chain registry name and symbol changed. |
| Record confidence | High |
| Migration summary | All aUSD balances and LP positions converted one-to-one to aSEED while the on-chain registry name and symbol changed. |
|---|
| Source | Publisher | Type | Evidence scope |
|---|---|---|---|
| aUSD SEED aSEED | Acala | Official Documentation | One to One Conversion, Asset Registry Update, Same Identity, Redemption, Migration |
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