Top Tweets for #flexusd
lol do people really still think the massively de-pegged #FlexUSD scam "stablecoin" made by #MarkLamb and the #CoinFLEX (now #OPNX) bros is still worth forty two fucking million dollars?
#clownworld

1. #flexUSD $flexusd
2. #Dypius $dyp
3. #Blocksquare $bst
4. #RigoBlock $grg
5. #Credefi $credi
6. #PolarisShare $pola
#Ethereum
#Web3ChartsEthereumRankRiser

吴说获悉,据@ScopeProtocol,Coinflex 交易所的 FLEX token 最近几天被大量 mint,自1月26日到目前为止,大概有1400万美元的 FLEX 被 mint,随后转给了约40个地址,其中一些地址拿到后就在链上卖出。
USD-pegged stablecoins suffer from the same #inflation problems as fiat.
Below are 5 that automatically distribute APY to holders & stakers: #FlexUSD $mUSD $USDs #USDPlus $USDR
#Inflation #Stablecoin #RealYield #RWAs #RealEstate
🧵👇
In order of market cap…

A stablecoin has no value if it cannot be ... stable 😅
Stablecoins would rather sacrifice this part for an unsustainable yield and we saw how it unfolded with $UST or #FLEXUSD ❌
$SUM is different, $SUM is overcollateralized and its focus is its stability 💪

🧵6/Ω #TheCryptocalypseChronicles, Vol. 3: The War Of The Whales
Longre form telling of the trouble in whale world when Roger Ver AKA #BitcoinJesus AKA #RogerVerified clashes with #MarkLambTheConMan over #SmartBCH and $FLEX. #FlexUSD.
👇Ω👇
https://t.co/HsRIfD3cOq
🧵5/Ω #TheCryptocalypseChronicles: The Twitter Threads
Roger Ver AKA #BitcoinJesus vs. #MarkLambTheConMan, the thread🧵. #SmartBCH and $FLEX. #FlexUSD.
👇Ω👇
https://t.co/bwFq11s3sn

🧵about stuff I've learned about @CoinFLEXdotcom and @MarkDavidLamb. started looking into these characters in depth a few days before they became a hot item so this is an attempt to consolidate what i've learned.
Developments in the battle between cacodemon @rogerkver and archfiend @MarkDavidLamb suggest that Ver may be one who absconded with #FlexUSD's $BCH / $USDC backing.
Usually the people w/the cash aren't the people filing the lawsuits asking for cash.
https://t.co/OYJrO3pklH

How is it possible that #FlexUSD is trading at <$0.50 USD when @CoinFLEXdotcom says each FlexUSD is fully backed by and redeemable to $USDC ?
I am skeptical of all CEXes but this just looks like a lie right now.
https://t.co/uLTNyf5Rf5
https://t.co/ORpeR9QZ38

master of ♠️ @DougPolkVids releases 18m statement about the @CoinFLEXdotcom vanishing act.
- Doug resigned as brand rep
- No ♥️ for @CoinFLEX_US
- Sorry if you got rekt by necromancer Mark Lamb
- #FlexUSD was not backed
- Also lost ♦️
🂡🂢🂣🂤🂥🂦🂧🂨🂩
https://t.co/3dmBb0DrPe
Real shame to see @SmartBCH falling apart but to be frank I saw it coming many months ago & got my #BCH out of there, also got out of #FlexUSD that @rogerkver irresponsibly pumped the shit out of
Also advised some #SmartBCH projects pre-@CoinFLEXdotcom-crash to go multi-chain
... but no matter which explanation it is, one thing is clear:
No one involved gives a fuck about what happens to the retail bagholders holding #FlexUSD.
Q: What is Mark Lamb doing to make #FlexUSD holders whole?
A: Based on his answers in the CoinFLEX support groups, he doesn't seem to respect FlexUSD to even give them straight answers. "EOD." "Soon."

Q: What does this say about the future of #FlexUSD?
A: If $BCH backing FlexUSD is being sold on Binance at the rate of about $3M per day it looks likely to hit $0. Retail left holding the bag.
Their FAQ is clear: this is risk free, unless the counterparty fucks you.

Q: Was #FlexUSD depegging related to this enormous sale of $BCH being sold?
A: The timing makes it unlikely that there is another explanation.
There were other events that make the link seem stronger. r/btc folks did a bunch of digging, compiled here:
https://t.co/5qWkqiBaiX
Q: What happened with #FlexUSD?
A: It de-pegged. Hard. And curiously right around the time this $BCH.
Recall that the backing for the FlexUSD pegging mechanism - the actual value - was apparently entirely $BCH.
Hmm.

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