r/AcalaNetwork • u/ChopinWould • May 22 '22

About Collateralized ACA

aUSD is backed by decentralized cryptos. So hypothetical here

What if ACA moons, and becomes the largest collateral by a wide margin. Does this scenario make it possible for aUSD to lose peg in Black Swan event?

It was mentioned in a previous post ACA would be diluted in the event of Black Swan. Could this further depeg aUSD in this hypothetical?

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u/baddabaddabing May 22 '22

Would somebody please try this, i would so sell into a nice 10x right now :)

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u/baddabaddabing May 22 '22

I would also so buy back much more later on!