The $ARTH valuecoin being used to buy burgers in Venezuela.
Looks like the pilot for an inflation proof #valuecoin is going really well ๐
Kurdos to @magxitoken LFG ๐๐ $MAHA
Iโve noticed this narrative shift in #crypto recently. People finally recognizing that yields have to be backed by productive economic activity i.e., real businesses. Guess which protocol has been building with this philosophy from day 0?? $DAG
- War goes on; people continue to die
- Terraโs collapse has shocked crypto
- Inflation is at an all time high
Is this the world weโve come to live upon? Is there no better way to ease the pain? In the end itโs the common man that is ripped off.
Iโve had enough.
Weโre going to release some fun arbitrage bots for the general public to use!
These have been closed source and used by the core team only but now weโre going to take the step and open-source so that everyone can profitโ๏ธ
Seeing a lot of stories about suicides around LUNA/UST. This is terrible man. Please donโt do this. There will be more opportunities in this market, just survive. Have nothing to offer but an open DM for those severely affected.
@AlphaSeeker21 Take a look into @TheMahaDAO
Theyโre building an inflation resistant, over collateralized, decentralized stablecoin - $arth
Also are launching their own chain this summer. Maybe they will end up being all that we hoped Terra would be
Itโs clear that stablecoins that arenโt fully collateralized will and always face a bank run.
More robust models to ensure redeemability need to be made
The problem for an all-weather stablecoin remains unsolved. However, the $MAHA team is very close to solving this.
How? ๐งต
#KeepThePeg isn't about $UST or $LUNA. It's about $BTC. It's about $ETH. Hell, it's about $DOGE. It's about all of #Crypto.
This wasn't an attack on $UST. It was a centralised attack on the decentralised economy.
Forget tribalism. Forget "My L1 > your L1". #WeAreAllThePeg. ๏ฟฝ๏ฟฝ๏ฟฝ
#Bitcoin maxis bashing $ust and $luna is really sad. Weโre all on the same team here. Trying to be a part of a better future where value is properly assigned to those who create it. A future that the incumbents are trying to squash
Bought $ust on Coinbase this morning. As long as $luna finds a floor SOMEWHERE, it will go back to peg. Maybe $luna goes to $.0001, but $ust will still go back to peg
Where will all the #LUNAtics go from here?
The entire community is broken, lost, and hopeless.
My heart truly goes out to everyone effected.
Hereโs to a fresh start, learning from mistakes, and never giving up ๐๐ผ
$luna $ust