Acala Dollar (Karura) Coin Complete Detailed Review 2022..

What Is Acala Dollar (Karura) ?

Acala Dollar The stable coin protocol enables a decentralized, cross-chain stable currency that serves as the native stablecoin of the Polkadot and Kusama ecosystem. aUSD is minted from a variety of reserve assets. This allows holders of the reserve assets to earn, spend, trade, and access other services without price volatility while retaining ownership of their reserve assets. USD is pegged to the US Dollar. aUSD can be trustlessly integrated by any blockchain connected to Polkadot or Kusama, as well as applications deployed on those chains. aUSD can also be integrated cross-chain on any other connected blockchain network.

Acala Dollar Anyone can mint aUSD using accepted reserve assets, and each aUSD is backed by a surplus value of reserve assets (collateral assets). The reserve assets are also cross-chain by nature, which can include Polkadot native assets (DOT and DOT derivatives), KSM and KSM derivatives like LKSM, Acala’s native token ACA, and Karura’s native token KAR. In the future, the protocol can also accept parachain assets and cross-chain assets like Bitcoin (BTC) and Ether (ETH) as collateral assets if they meet the risk requirements and are accepted via Acala governance.

Acala Dollar ecosystem continues to expand with a network of decentralized protocols, applications and parachains. Developers, teams, or organizations looking to integrate the aUSD stablecoin can contact the Acala team here to schedule time to discuss the integration: https://acala.network/build-on-acala

Acala Dollar Basic Point Table

Coin Basic	Information
Coin Name	Acala Dollar
Short Name	Karura
Circulating Supply	N/A
Max Supply	N/A
Source Code	Click Here To View Source Code
Explorers	Click Here To View Explorers
Twitter Page	Click Here To Visit Twitter Group
Whitepaper	Click Here To View
Support	24/7
Official Project Website	Click Here To Visit Project Website

AUSD Price Live Data

The live Acala Dollar(Karura) price today is $0.997280 USD with a 24-hour trading volume of $152,759 USD. We update our AUSD to USD price in real-time. Acala Dollar(Karura) is up 0.71% in the last 24 hours. The current CoinMarketCap ranking is #3610, with a live market cap of not available. The circulating supply is not available and the max. supply is not available. If you would like to know where to buy Acala Dollar(Karura) at the current rate, the top cryptocurrency exchange for trading in Acala Dollar(Karura) stock is currently Karura Swap. You can find others listed on crypto exchanges page.

A decentralized, multi-collateral, crypto-backed Stablecoin

Stable

Pegged to one dollar.

1 aUSD = 1 USD.

Censorship-Resistant

Backed only by decentralized assets in Collateralized Debt Positions (CDP).

Multi-Collateralized

Backed by cross-chain & native parachain assets: DOT, KSM, ACA, KAR, BTC, and ETH.

Secure & Efficient

Liquidations powered on-chain with guaranteed oracle price feeds.

Natively Cross-Chain

aUSD can be transferred cross-chain to any parachain on Polkadot or Kusama.

Built by developers, for developers.

Funded by the Web3 Foundation, the aUSD stablecoin is the core product of Acala, the first parachain to earn a slot on Polkadot. Developed by the top Substrate contributors, aUSD is the native decentralized stablecoin of the Polkadot and Kusama ecosystem.

Learn why Teams are integrating a USD

Yield & Liquidity for Reserve Assets

Release liquidity from reserve assets to earn yield while maintaining ownership. DOT, KSM, ACA, and KAR are reserve assets, while parachain tokens, BTC, and ETH are on the way.

Polkadot’s Default Routing Asset

As the native decentralized stablecoin of the Polkadot and Kusama ecosystem, aUSD will provide a universal trading pair, routing to all assets in the ecosystem.