
Acala Stablecoin, aUSD Inches Closer to Restore $1 Pegging
The native stablecoin of the Acala network, aUSD is quite close to regaining its peg with the US Dollar after a hacking attempt on August 14.
The native stablecoin of the Acala network, aUSD is quite close to regaining its peg with the US Dollar after a hacking attempt on August 14.
The Polkadot ecosystem is one of the most active networks in the blockchain space. Over the last week, several developments took place in its ecosystem. Firstly,
With the announcement of their integration, the Anchor Protocol and Acala hope to unite the Terra and Polkadot DeFi ecosystems and increase the decentralized stablecoin market.
Data indexing solution SubQuery has announced that its upcoming SubQuery Network launch will be on Acala parachain.
The first Polkadot parachain auction has ended, and Acala, the DeFi hub of Polkadot, has secured the first parachain slot on Polkadot’s Relay Chain.
The Polkadot ecosystem is all set to begin its new era as the Polkadot parachain auctions are going to start from tomorrow, Thursday, November 11.
Acala’s first liquid staking product is now live Kusama, a sister network of Polkadot, through its Karura parachain. The launch will be followed by a Polkadot launch.
Acala announced a new tool that helps Ethereum DeFi platforms scale faster and better to Polkadot, named Acala EVM+. This new toll is full EVM-compatible and
Acala’s sister Network Karura has won the first parachain slot in the first Kusama parachain slot auction and is now officially producing blocks on the Kusama Relay Chain.
Acala’s canary network Karura, the DeFi parachain built for Kusama by the Acala Foundation, has integrated Chainlink price feeds to give developers building on Karura access to highly accurate financial data.
Ads
Follow us on Social Networks
Crypto Tutorials
Crypto Reviews
© Crypto Economy