As of September 5, 52 million incorrectly minted aUSD coins remained on the network. According to the report of the Acala parachain team, a total of 281 addresses were involved in the incident.

The Full Trace Report has been published.

281 related addresses were tracked. Of the pending 52,068 million AUSD error mints, 42,482 million remained at these addresses. Connecting to other parachains, CEXs, etc. The error mints sent are also included.

Please see details here: https://t.co/x7NKZyVYFE

— Acala (@AcalaNetwork) September 4, 2022

In August, an error in the iBTC/aUSD liquidity pool smart contract led to the issuance of a “significant amount” of stablecoins. 16 addresses claimed a reward from the pool, demanding a total of ~3 billion aUSD. Approximately 1.29 billion of this number were returned by the decision of the community and burned.

Some users exchanged acquired assets for DOT tokens. The developers offered them to return the funds to an address on the Polkadot network for a fee of 5% of the amount.

42.482 million of them remain in the incorrectly given USD user addresses, of which 33.718 million are in the DEX module. The rest of the 52 million coins were transferred to other parachains such as Moonbeam, Astar, Interlay or centralized exchanges.

After 16 first addresses receiving “wrong” coins, 83 wallets were involved in USD transfers. The total number of addresses reached 281, including transactions with DOT, ACA and iBTC.

After the event, the price of the USD lost its stability against the US dollar. At the time of writing, the stablecoin is priced at $0.89.

Recall that the project won the first auction for the Polkadot parachain slot.

In March, the Acala team launched a $250 million fund to promote the use of USD.

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