Courtesy of the Quant team
For those that haven't read the $USTC repeg proposal, here are some excerpts.
Thank you to the Quant team, I'm genuinely hoping CEXs see the value you are proposing
@faffyswap@RedlineDrifter@OhhBilboBaggins
Please read and educate yourself, RT, and share. Full report can be found in the comments sections
#LUNC #LuncArmy #LuncBurn #Binance #USTC
PART 2: The role CEXs in USTC’s recapitalization
As we all know, the vast majority of USTC trading activity takes place on CEXs. CEX liquidity is also essential for any stablecoin as a nexus with the global fiat currency system, enabling new inflows and the ability to exchange stablecoins for something which can buy real-world goods / services.
As far as this proposal (or any future USTC related proposal) is concerned, the buy-in of key CEX partners (Binance, CoinDCX, OKX, and Kucoin) is critical. We want you to join us in creating this tax framework on your own exchange. As a gesture of appreciation, we would support CEXs keeping a substantial share of USTC divergence-tax profits (50%) for themselves, acknowledging the implementation work that CEXs will need to do in order to make the tax happen.
This will create several sources of value capture for exchanges immediately, if implemented.
Our target @ ≈$0.09358 for $USTC (#TerraClassicUSD) remains unchanged as prices remain broken out of multiple Bullish Patterns and a continuation can be developing now.
The recent momentum may have only been a start of an over 459% run to reach this target...
🚀💥 USTC surprises with nearly 60% rally - What's going on? Uncover the reasons behind the impressive 60% rally of USTC and the factors driving its recent surge. 📈📢
Read more: https://t.co/9ombLV3Icn #CryptoNews#USTC#Rally
🚀We now support #TerraUSD, the decentralized #stablecoin of the Terra blockchain, for seamless and secure onramps via our checkout🚀
🌎Users can buy $UST globally, using a debit/credit card, Apple Pay and bank transfer across our partner network!
@terra_money#Terra#DeFi
The ocean is incredibly deep.
Malaysian airlines flight, MH370 is believed to have crashed into the Indian Ocean. It vanished from radar during a flight in March 2014 and till date, it hasn't been found.
Ordinarily, searching for a Boeing 777 should be easier than looking for a needle in a haystack. Many attempts to find MH370 has been futile.
That gives one an idea of how large and deep the Indian Ocean is.
People spam lies on twitter, they promise you $1 Lunc, and they get 20k followers,
We post genuine charts, No spams, We plan to buy all USTC Supply, Can we get 1000 followers? We need 500 people to trade with us everyday, Help #USTC rise and shine
#LUNC#LUNCCcommunity#USTC
Dedicated to all the loving LUNC community💕
✅ proposal 11550
✅ proposal 11551
USTC Heads To $1🚀
USTC and LUNC are BURN🔥
And efficiently❣️
Don't forget the challenge and keep attacking✨
Worth grabbing👊
Because that is LUNC📈
Think about it ✨ is there any way to get more value than this ❓
#LUNC#USTC
Repegging LUNC and USTC is the process necessary for LUNC to return to $1.
If you agree with Repeg, please vote for props 11550 and 11551.
These proposals assist repegs.
Your one vote will change the future of LUNC & USTC.🚀🌙
What is the $Lina token?
🔹LINA token is used to collateralize physical and digital assets and debts within the platform.
🔸By holding $LINA, users can access Linear USD (ℓUSD) which is needed to interact with Liquids.
Final update:
This #crypto whale went from $20m to $390m all in one year
So what coins did they buy and how did they do almost 20,000% plus in just a year
His wallet + I’ll teach the easiest ways to find wallets like this - All in this 🧵