Acala restores full operations after users ‘error minted’ 3 billion aUSD

Polkadot’s DeFi-focused parachain Acala announced on Wednesday that it has fully reopened its services to users three weeks after a major security incident. This comes after its governance body approved the third and final vote to do so.

A series of community governance votes have been passed, such that all liquidity pools are now re-capitalized and rebalanced, and all aUSD in circulation are now fully collateralized, according to Bette Chen, co-founder of Acala.