Summary
While it has been previously suspended, aUSD, which will no longer be necessary for continuous operation due to the transition to aSEED, will be delisted from Starlay’s Collateral. There is an option to keep aSEED as a replacement, but it does not serve as a functional stable coin. For the security of Starlay, it is preferable to proceed with the delisting of aUSD.
Motivation
Amidst the active discussions about potentially adding new collaterals in the future, there is a strong desire to smoothly remove inactive assets. In the case of aSEED, it is expected to take a considerable amount of time to meet the collateral requirements going forward, so there is no need to consider relisting it at the moment.
Specification
Delisting aUSD(SEED) from the collateral list on Starlay.
Benefits
Users will no longer need to see unnecessary (inactive) assets on the list.
Time
Immediately applied.
Risk Management
For the depositer of aUSD, aUSD will be still shown if users have deposit position. (UI will be changed based on the position)
Next Action
The validity will be discussed to determine the feasibility of delisting.
Voting Schedule
Forum discussion: July 28, 09:00 UTC - July 31st, 09:00 UTC
Snapshot Voting: July 31, 09:00 UTC - Aug 3rd, 09:00 UTC