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RE: A decentralised stablecoin that looks poised to find massive utility in the Polkadot Network

in Project HOPE • 3 years ago

Hi dear friend @mintymile

is a lot of support for Acala’s developed aUSD stablecoin to become the native, decentralised stablecoin of the Polkadot

I think they want to do something to the terra network, the terra USD shot the LUNA to the moon so the DOT could go up if this project goes ahead, I will be attentive to this news, thanks for sharing

3 years ago in Project HOPE by
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     3 years ago 

    No @ramsesuchiha,

    terraUSD is a easy stablecoin to have, aUSD is complicated, I don't think aUSD can beat terraUSD but it will be a popular stablecoin in the polkadot ecosystem.

    This is because terraUSd beat Dia stablecoin which is a over collaterised stablecoin like aUSD...

    Anyway...thankyou for reading and commenting, friend!!

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