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 Redemption
Using 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 | |||||
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