After the aUSD stablecoin mining failure, Acala Networks resumed its operations following a referendum allowing LPs to withdraw liquidity from unused LP pools or tokens.
In August, shortly after the iBTC/aUSD liquidity pool configuration resulted in 3.022 billion aUSD being misprinted, the price became $0.01.
Clarified, 2.97 billion aUSD was returned after identifying the wallet address that received the wrong print of aUSD through on-chain tracing while 35 other accounts obtained 12.38 million.
Through incident reports, 16 iBTC/aUSD LP contributors have repeatedly added liquidity to the pool after receiving error mints*.
*Degradation of minting equipment, damage during the minting process or intentional interference
The cause of the incident was due to a flaw in the DEX savings code that was part of the incentive palette, the company commented.
He added that Acala Network will soon announce a security roadmap to strengthen its company's security.
For the record, the printed mint errors amounted to 3.022 billion aUSD, 2.97 billion aUSD were found in 16 LP contributor addresses and 12.38 million aUSD in the top 35 accounts that earned a large amount of mint error aUSD.
