# Summary
enable ACA as collateral to mint aUSD at block #563000( around March 10 at 11pm UTC)

# Risk params

+ Liquidation ratio:        2.0
+ Minimum collateral ratio: 2.4
+ Liquidation penalty:      0.15
+ Stability fee:            0.0275
+ Debt ceiling:             $5M

# Referendum
https://acala.subscan.io/referenda/6

- The referendum is about enabling ACA as collateral to create aUSD.
- There are certain risk parameters that need to be considered.
- The referendum link provides more information.
- The referendum will take place on March 10 at 11pm UTC.
- The referendum is about allowing ACA to be used as collateral to create aUSD.

Enable ACA as collateral to mint aUSD

No Active Proposals