The Acala network today បានបង្ហាញ its plans to resume operations after a minting error incident suffered by its aUSD stablecoin in August.
Acala is a decentralized finance Polkadot parachain that powers the aUSD ecosystem with cross-chain functionality.
A misconfiguration incident in August relating to a new iBTC/aUSD liquidity pool caused the minting of more than 3 billion aUSD នៅក្នុងកំហុស. The smart contract misconfiguration enabled Acala liquidity providers (LPs) to receive the error mints and repeatedly add more liquidity to receive more aUSD, leading to a depegging of the stablecoin.
A significant amount of aUSD was transferred to other Polkadot ecosystem chains and CEXs, though the Acala team confirmed that 99% of the error mints remained within the Acala Network.
Following a series of urgent governance votes, several Acala operations paused while the team investigated the issue. Subsequently, Acala បានជាឡើងវិញ 2.97 billion aUSD error mints from 16 identified addresses និង ដុត the tokens following community discussions.
នៅក្នុងថ្ងៃនេះ សេចក្តីប្រកាស, Acala said “after the execution of community governance votes and publication of trace reports, all liquidity pools on Acala are re-capitalized and rebalanced.” All aUSD in circulation are also fully collateralized after the Acala Foundation borrowed aUSD with its own funds to burn and achieve re-collateralization. As such, the Acala network is ready to resume operations.
Noting that a sentiment vote to resume services passed, the Acala team recommended a phased approach. Phase 1 enables LPs to withdraw from liquidity pools. Phase 2 enables all remaining operations except oracles. Phase 3 would then activate oracles.
The Acala Foundation said it would continue to work with legal, law enforcement, and other partners to retrieve the remaining funds. A bounty of up to 5% is open to any party returning at least 95% of funds involved transferred outside of Acala. It said it would take no further action against such addresses.
រក្សាសិទ្ធិគ្រប់យ៉ាងដោយឆ្នាំ ២០២០ ។ អត្ថបទនេះត្រូវបានផ្តល់ជូនសម្រាប់គោលបំណងព័ត៌មានតែប៉ុណ្ណោះ។ វាមិនត្រូវបានផ្តល់ជូនឬមានបំណងត្រូវបានប្រើជាច្បាប់ពន្ធការវិនិយោគហិរញ្ញវត្ថុឬដំបូន្មានផ្សេងទៀតទេ។
អំពីអ្នកនិពន្ធ
James គឺជាអ្នកសរសេរព្រឹត្តិបត្រនៅ The Block ហើយផ្តោតលើប្រព័ន្ធអេកូឡូស៊ី blockchain ។ មុនពេលចូលរួមជាមួយ The Block លោក James គឺជាអ្នកសរសេរមាតិកាឯករាជ្យនៅក្នុងឧស្សាហកម្មគ្រីបតូ ដែលគ្របដណ្ដប់លើអ្វីៗគ្រប់យ៉ាងពី Layer 1s, Layer 2s, DeFi, DAOs, NFTs និង P2E gaming ។ តាមដានគាត់នៅលើ Twitter @humanjets ។
Source: https://www.theblock.co/post/172396/acala-reveals-path-to-resuming-operations-after-ausd-exploit?utm_source=rss&utm_medium=rss