

What is aUSD Token? The stablecoin of the Polkadot Ecosystem
What is aUSD Token? The Stablecoin of the Polkadot Ecosystem aUSD is a multi-collateralized stablecoin, as the most commonly known stablecoin of this type: DAI.
Home / Parachains / Acala Network
Acala is a decentralized finance network and Polkadot’s liquidity hub. It is a scalable, Ethereum-compatible, DeFi-optimized layer 1 smart contract platform with built-in liquidity and out-of-the-box financial applications.
Acala is a decentralized finance network powering the aUSD ecosystem. It’s a layer-1 smart contract platform that’s scalable, Ethereum-compatible, and optimized for DeFi. With the Acala EVM+, Acala lets developers leverage the aUSD ecosystem while enjoying the best of Ethereum and the full power of Substrate.
Acala is the first Polkadot parachain and the all-in-one DeFi hub of this ecosystem.
Acala is a suite of cross-chain financial applications:
The network is scalable, Ethereum-compatible, and optimized for DeFi. The decentralized network is governed entirely by Acala Token (ACA) , which also servers as the utility token for operating the network.
Acala Network offers a stablecoin, a DEX and liquidity staking protocol. Acala provides access to both DOT-based derivatives as well as assets and dApps on the Ethereum network, being EVM compatible.
The network currently consists of Acala Swap, an automated market maker (AMM) based decentralized exchange, and two protocols developed to provide stability and liquidity for the Polkadot network: Honzon and Homa.
ACA is a utility token with a fixed supply of 1,000,000,000. The entire supply was minted in the genesis block at launch.
ACA token utilities: Empowers the community to vote, elect council members, and drive the development of Acala. Auto-adjusts risk parameters such as interest rates or collateral ratio. Allows teams to deploy new Substrate pallets on the Acala blockchain by staking ACA…
What is aUSD Token? The Stablecoin of the Polkadot Ecosystem aUSD is a multi-collateralized stablecoin, as the most commonly known stablecoin of this type: DAI.
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