Sentiment Vote: General Direction for aUSD Recovery based on Full Trace Results
Ended 2mos ago
closed
Description

https://acala.discourse.group/t/proposal-for-ausd-recovery-based-on-full-trace-results/1580/2

This is a sentiment vote for general direction to recover aUSD, effectively we need to

  1. Deal with aUSD error mints on Acala
    a. Deal with individual accounts
    b. Deal with DeX
    c. Request if Acala Foundation is willing to loan assets to help rebalance DeX and return assets. โ†’ Acala Foundation has confirmed willingness ๐Ÿ‘
  2. Deal with remaining aUSD error mints
    a. on-chain freeze/lock error mint
    b. Request if Acala Foundation is willing to loan assets to help re-collateralize aUSD โ†’ Acala Foundation has confirmed willingness ๐Ÿ‘
Optionssingle

Votesยท42

Yes
Yes
# 1
โ‰ˆ 1.42K ACA
1421.2 ACA
Yes
Yes
# 1
โ‰ˆ 401 ACA
400.997739982683 ACA
Yes
Yes
# 1
โ‰ˆ 293 ACA
292.997739982684 ACA
Yes
Yes
# 1
โ‰ˆ 820 ACA
819.997739982687 ACA
Yes
Yes
# 1
โ‰ˆ 133.83 ACA
133.829492367975 ACA
Yes
Yes
# 1
โ‰ˆ 1.61K ACA
1610.630206814768 ACA
it is very good idea.
Yes
Yes
# 1
โ‰ˆ 4.88 ACA
4.880296958533 ACA
5GZawrcGKpu9BQ8WjG9s9LZnAbJSgbVgrNedCDYgoz5RH2aX
Yes
Yes
# 1
โ‰ˆ 1.34K ACA
1335.871511176505 ACA
Yes
Yes
# 1
โ‰ˆ 3.13K ACA
3125.880780221696 ACA
Yes
Yes
# 1
โ‰ˆ 1.46 ACA
1.457448433407 ACA
Yes
Yes
# 1
โ‰ˆ 964.47 ACA
964.472960091057 ACA
Yes
Yes
# 1
โ‰ˆ 410 ACA
409.997739982688 ACA
Yes
Yes
# 1
201 ACA
Yes
Yes
# 1
โ‰ˆ 301.59 ACA
301.588950369026 ACA
Yes
Yes
# 1
โ‰ˆ 831.62 ACA
831.618792552585 ACA
Yes
Yes
# 1
โ‰ˆ 1.15K ACA
1153.847881653852 ACA
Yes
Yes
# 1
โ‰ˆ 549 ACA
548.997519995016 ACA
Yes
Yes
# 1
2.95K ACA
2950 ACA
Yes
Yes
# 1
โ‰ˆ 36.39 ACA
36.392106478211 ACA
Yes
Yes
# 1
โ‰ˆ 413.84 ACA
413.839028689152 ACA
Yes
Yes
# 1
โ‰ˆ 160.83 ACA
160.828267103359 ACA
Yes
Yes
# 1
1.4K ACA
1400 ACA
Yes
Yes
# 1
โ‰ˆ 5.84K ACA
5838.173629105944 ACA
Yes
Yes
# 1
โ‰ˆ 1.08K ACA
1079.165370013451 ACA
Yes
Yes
# 1
โ‰ˆ 102.8 ACA
102.797090326369 ACA
Yes
Yes
# 1
830 ACA
Yes
Yes
# 1
โ‰ˆ 12.19 ACA
12.191129938336 ACA
Yes
Yes
# 1
โ‰ˆ 1.25K ACA
1247.9950399879 ACA
Yes
Yes
# 1
โ‰ˆ 725.79 ACA
725.793941129862 ACA
Yes
Yes
# 1
โ‰ˆ 29.15 ACA
29.14554442789 ACA
Yes
Yes
# 1
โ‰ˆ 173.12 ACA
173.124125759437 ACA
Yes
Yes
# 1
โ‰ˆ 1.39K ACA
1386.976279912307 ACA
Yes
Yes
# 1
โ‰ˆ 3.46K ACA
3460.52105231787 ACA
Yes
Yes
# 1
โ‰ˆ 557.72K ACA
557720.663740884029 ACA
Yes
Yes
# 1
โ‰ˆ 2.69K ACA
2686.808331036442 ACA
2600
Yes
Yes
# 1
โ‰ˆ 247.6 ACA
247.601737663055 ACA
No
No
# 2
โ‰ˆ 51.9 ACA
51.896858296247 ACA
See how insane is this proposal you're promoting, it says that the user has to pay the full price of $1 for each error mint, being which traded at a lot less, down to about 0.10 or less. this is throwing everything on the backs of the arbitrageurs In the example given in the proposal option 1: the user has 10k less lcdot balance... the 10k he sent to kucoin, he sold let's say at 0.13, that's 1.3k, as that's fair?, the user will lose 8.7k option 2: the user has his assets blocked, the 10k he sent to kucoin, he sold at 0.13, and he has 1.3k, as he is going to repurchase, if it is now 0.8, he would need 8k, he would lose 6.7 k I think whoever proposes this is not thinking
Yes
Yes
# 1
โ‰ˆ 341.48 ACA
341.484001823262 ACA
No
No
# 2
โ‰ˆ 211.3 ACA
211.295882421587 ACA
No
No
# 2
โ‰ˆ 0.1 ACA
0.100027000594 ACA
Yes
Yes
# 1
โ‰ˆ 38.34 ACA
38.336140240576 ACA
Yes
Yes
# 1
โ‰ˆ 28.77 ACA
28.76613274632 ACA
1

Discussionsยท0

No current comments
1
Results
Voted
594.73K ACA
594733.162257867362 ACA
Voters
42
balance-of
#1
99.96%
594.47K ACA
594469.869490148934 ACA
#2
0.04%
263.29 ACA
263.292767718428 ACA
quadratic-balance-of
#1
98.75%
1.72K ACA
1723.928109614751 ACA
#2
1.25%
21.77 ACA
21.771594627529 ACA
biased-voting
Yes
Yes
594.47K ACA
594469.869490148934 ACA
No
No
263.29 ACA
263.292767718428 ACA
Turnout
Turnout
594.73K ACA
594733.162257867362 ACA
Electorate
Electorate
1,000M ACA
999999998.0185392 ACA
StatusSuperMajorityApprove
#1 Passed
StatusSuperMajorityAgainst
#1 Passed