aUSD Seed(aSEED)
Market Cap$2.71m
Price$0.044
Total Circulating2.71m
Stablecoin Information
aSEED is the native decentralized stablecoin of Polkadot pegged to the US Dollar and backed only by decentralized assets in Collateralized Debt Positions (CDP).
Category:crypto-backed
Minting and RedemptionUsing the Acala app, users mint aSEED by depositing an accepted collateral asset into a vault. When the loan is repaid to retrieve the collateral, the paid back aUSD is burned.
Audits:No
Stablecoins Usage by Chain
| Name | Bridge | |||||
|---|---|---|---|---|---|---|
| 0 | < 0.0001% | < 0.0001% | -0.06% | 2.71m | ||
| 0 | -100.00% | -100.00% | -100.00% | 0 |