Revelation

I do crypto
but sometimes crypto do me

[Revelation @40kRevelation]

I absolutely agree. Many people don't understand that this was not a business decision, but a rescue of freedom of speech. I am eternally grateful.

[Revelation @40kRevelation]

@Tradermayne what an ugly turd

[Revelation @40kRevelation]

@martypartymusic Why SUI is not a part of the game?
https://t.co/JLgmOW44SB

[Revelation @40kRevelation]

$USDT $USDC $OUSD
Recent stablecoin events be like:

[Revelation @40kRevelation]

@DanialRH_7 Owner of the stablecoin earns a lot of money. It's literary main reason why we still not get Clarity Act - banks won't allow it. And OUSD looks like another way around - creating a cartel, which will share earning within.

[Revelation @40kRevelation]

@MasterCryptCore @Cointelegraph That exactly who I want to put on the second half of that meme, but BTC is different beast after all, not a currency

[Revelation @40kRevelation]

@openstandard Who is gonna be the guy with the sniper rifle?
https://t.co/JLgmOW44SB

[Revelation @40kRevelation]

$USDT $USDC $OUSD
Recent stablecoin events be like:

[Revelation @40kRevelation]

Who is gonna be the guy with the sniper rifle?

[Revelation @40kRevelation]

$USDT $USDC $OUSD
Recent stablecoin events be like:

[Revelation @40kRevelation]

@TheOnlyDSC Very smart one. Get me some time to understand thought

[Revelation @40kRevelation]

@Pickle_cRypto sometimes pretending to be smart is enough

[Revelation @40kRevelation]

@Lillyvibes95 because honor was created by the white man, everyone else lack of it

[Revelation @40kRevelation]

$OUSD on @SuiNetwork ?

[Revelation @40kRevelation]

@itsbasits @Cointelegraph who gives a fuck

[Revelation @40kRevelation]

@CoinDesk @Visa @stripe @Mastercard @BlackRock @coinbase What O stands for? Open?

[Revelation @40kRevelation]

@vic0904278143 I also think it's inside work. Nobody will risk 4 millions to earn 50-60k

[Revelation @40kRevelation]

@vic0904278143 @strata_markets When hype will back to the crypto market, there will be a lot of fresh blood who knows nothing about it

[Revelation @40kRevelation]

Strata @strata_markets got exploited and lost $jrUSDat depositors money.

Today the price of $STRC ran in one leg from $74–75 up to $80+. Saturn’s $sUSDat went up as well.

But Strata’s 3x-leveraged version of this asset, $jrUSDat - which was supposed to deliver ~3x gains on that move -dumped instead.

All because of a flaw in their strategy that was exploited once again. As I see it, a whale made a huge deposit into this market right before the $jrUSDat price/NAV was updated. This deposit artificially increased the market cap (and coverage) of the junior tranche, making withdrawals instant instead of subject to the usual 14-day cooldown.
Right after the price updated (from $0.185 to $0.252), the whale withdrew everything - and the price of $jrUSDat crashed back to $0.172. And everyone else lost the gains from todays STRC movement.

This flaw has existed in the design since the beginning, and the team has done nothing to fix it. My conclusion is that Strata has kept this vulnerability in place to exploit its users.

You were warned.

[Revelation @40kRevelation]

@strata_markets "На воре шапка горит"

[Revelation @40kRevelation]

All of a sadden Strata upgrades it's bounty program, while at the same time they refuse to accept that they were exploited and they lost depositors money. They lost about $60k they wont repay to its users, and you can expect they will pay up to 250k to a whitehat? Ha! https://t.co/aCoMfW1TIr

[Revelation @40kRevelation]

Strata @strata_markets got exploited and lost $jrUSDat depositors money.

Today the price of $STRC ran in one leg from $74–75 up to $80+. Saturn’s $sUSDat went up as well.

But Strata’s 3x-leveraged version of this asset, $jrUSDat - which was supposed to deliver ~3x gains on that move -dumped instead.

All because of a flaw in their strategy that was exploited once again. As I see it, a whale made a huge deposit into this market right before the $jrUSDat price/NAV was updated. This deposit artificially increased the market cap (and coverage) of the junior tranche, making withdrawals instant instead of subject to the usual 14-day cooldown.
Right after the price updated (from $0.185 to $0.252), the whale withdrew everything - and the price of $jrUSDat crashed back to $0.172. And everyone else lost the gains from todays STRC movement.

This flaw has existed in the design since the beginning, and the team has done nothing to fix it. My conclusion is that Strata has kept this vulnerability in place to exploit its users.

You were warned.

[Revelation @40kRevelation]

@joejoedefi @saturn_credit Please be careful with anything related to Strata

https://t.co/iIHvtmX5Vv

[Revelation @40kRevelation]

Strata @strata_markets got exploited and lost $jrUSDat depositors money.

Today the price of $STRC ran in one leg from $74–75 up to $80+. Saturn’s $sUSDat went up as well.

But Strata’s 3x-leveraged version of this asset, $jrUSDat - which was supposed to deliver ~3x gains on that move -dumped instead.

All because of a flaw in their strategy that was exploited once again. As I see it, a whale made a huge deposit into this market right before the $jrUSDat price/NAV was updated. This deposit artificially increased the market cap (and coverage) of the junior tranche, making withdrawals instant instead of subject to the usual 14-day cooldown.
Right after the price updated (from $0.185 to $0.252), the whale withdrew everything - and the price of $jrUSDat crashed back to $0.172. And everyone else lost the gains from todays STRC movement.

This flaw has existed in the design since the beginning, and the team has done nothing to fix it. My conclusion is that Strata has kept this vulnerability in place to exploit its users.

You were warned.