Proposal to Update token aUSD in Moonbeam Network. Good Morning Moonbeam Community.
29 Aug 2023, 15:55
Proposal to Update token aUSD in Moonbeam Network
Good Morning Moonbeam Community! ☀️
We have a straightforward proposal from Yuzhu of the Acala team on Moonbeam. We had this vote happen on the Moonriver Network, this one is now for Moonbeam!
Here’s the simplified summary:
Proposal Summary:
- Objective: We want to update the name of a token we use in our network.
Changes Proposed:
🔄 Change the name and symbol of the token currently called "aUSD" to a new name: "aSEED". After this change, your Wallets and Explorers will show this token as "aSEED" instead of "aUSD".
Why is this happening?
🗺 Acala has introduced a new roadmap and product plan, known as the Exodus Plan.
🌱 As part of this plan, Acala is changing the name of its token from "aUSD" to "aSEED".
✅ This change has already happened in Acala’s system at a 1:1 ratio, meaning 1 aUSD has been converted to 1 aSEED.
🤝 This proposal is to make sure we, the Moonbeam community, update our system to match this change uniformly.
Vote here!
For More Information:
Acala Network Website
Acala Exodus Plan
aUSD SEED (aSEED) Documentation