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Acala community discusses massive token burn to regain parity with the dollar

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The Acala community has proposed burning tokens to help its stablecoin regain dollar parity after this weekend’s attack. In an August 15 proposal, community member Dotverse proposed a referendum to decide whether to burn some of the aUSD stablecoin supply. If the vote succeeds, it “would actually burn“1.3 billion aUSD, which were minted in error, […]

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