All About Acala & How This Decentralized Finance Platform Plans on Changing the Game

On this episode I am joined by Dan Reecer from the Acala network. Acala is a decentralized, multi-collateral, crypto-backed stablecoin. During our discussion Dan goes into detail about how their network is changing the game and why they chose to build on the Polkadot chain. He also talks about the different types of stablecoins which is important to understand before holding your money there. This is a must listen and great opportunity, but again, always do your own research before investing as this is not financial advice.

aUSD is a decentralized, multi-collateralized stablecoin backed by cross-chain assets. Stable by design with value relative to the US Dollar, aUSD is the defacto stablecoin of Polkadot and Kusama. aUSD is powered by Acala, an application-specific blockchain customized for powering liquidity, economic activity, and stablecoin utility.