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Acala Guide

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Last updated 2 years ago

Obtaining $aUSD on the Acala network

The steps are very similar for Acala, except that $ACA (Karura equivalent is $KAR) is directly withdrawable from centralized exchanges on the Acala network.

Once you withdraw $ACA onto your Acala wallet (using the same extension above, Polkadot.js), you have the same two options to obtain $aUSD:

  1. Swap using the

  2. mint $aUSD from different collateral options

$ACA is used for gas fees on the Acala network in the same way $KAR is on Karura.

Note that fees are denominated in $ACA but other tokens that have markets with $aUSD can be swapped into $ACA and hence also used for gas fees.

Note: if you want to use $DOT as collateral, you can either withdraw from centralized exchanges to the Polkadot network, and use the Acala bridge here or swap $ACA withdrawn directly onto the Acala network for $DOT here.

📖
AMM pools
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