00. #Numbers
Perhaps, what is the essence of #Maths? What is its philosophy? Why should everyone have a basic sense of it?
It's abstraction of the real world problems down to "mathematical realm," work on it to reach a solution, and then bring back to the real world realm.
@deLoonchkowy@TLunaRecovery Not really a raid, more to the mechanism of LUNA and UST.
Terra users can always exchange 1 UST = $1 LUNA, and this is what keeps the peg
UST < $1 means it's worth to exchange to LUNA to sell it. Unprecedented depeg event and extreme fear cause massive mint and selloff of LUNA
@RedDrag29983011@TLunaRecovery It work both ways, if UST depeg due to over valued it will burn LUNA coins to mint UST, making everyone's LUNA worth more. That's why the prospect of HODL LUNA and promote UST project comes in.
This mechanism simply fails on major depegging and major loss of LUNA market value.
@Zenfulinvesting @JFosgate@MattSaunders91@thomasoofs@TLunaRecovery My very first tweet ady show how is it impossible to reach $1, let alone $120
Of course, assuming no proposal to burn the excess LUNA in place
@markjnewby @TLunaRecovery The supply of LUNA from 400 Million grew to 6.5 Trillion, so there should be 6.5Trillion - 400 Million LUNA circulating around the market looking for opportunities.
Even taking half of that is a long shot
@MattSaunders91@thomasoofs@TLunaRecovery Guess you did not keep up what caused to the LUNA crash.
That time the supply was only 400M. Some incident caused UST to depeg for a long while, people lost confidence and mint LUNA to exit. This does not cause UST to repeg, and the panic cycle continued until what you see today
@thomasoofs@TLunaRecovery even with $0.1, we are looking at 0.65 Trillion market cap, which will topple BTC #1 spot.
i dont think that will be happening as well
If you are affected by the bearish Crypto market, especially $LUNA $UST, please read this.
You will have the preseverance to go through this.
https://t.co/LXp9LH2I8X
https://t.co/aZNq3J6LtC
Ethereum, once de-facto blockchain for DeFi, is losing to others due to inefficiency and high costs.
Changes are slow due to possible loss of decentralization and security, and publicized blockchain code allow others to make their own improved versions.
@pakjun_ saya sebagai orang cina lebih menyukai Malaysia daripada China... serius.
Negara yang lebih baik daripada Malaysia banyak berwujud, tapi juga tanah ini adalah yang paling saya gemari untuk menetap diri.