@CognizantJaunt @DramaAlert If you're a girl but think you're a boy then there's something wrong in your brain. Who knows what insane things they'll commit later on in life.
Unpopular opinion: 😂
All governments should track all their spending on the blockchain, an immutable public ledger.
It's called "public spending" for a reason.
This is the 6th time Richard has shilled #pDAI. The second he’s bragged about it’s chart.
Don’t worry @RichardHeartWin. You asked for more professional marketing.
So that’s exactly what you’ll get.
This week I hire a team dedicated to marketing #pulsechain.
It’s time to educate the masses.
Time for more people to be given the chance to change their lives with us.
Thank you giving us this opportunity Richard.
@ImShillGates@Dev_Huey If you don't understand something why would you do it? We can't babysit every retard in the world. Let them find out the hard way.
🚨
Preparation for the peg ramps up.
The external market forces to keep #pDAI at $1 are being created.
Maker has a number of mechanisms that are key to supporting the peg.
The system inherently incentivises individuals in the market to participate in those mechanisms. As they present profitable opportunities.
These individuals are known as keepers. They come in the form of bots or smart contracts.
These bots interact with maker to make profit for themselves, whilst supporting the peg. They interact with;
💵 Liquidations; external bots identify under-collateralised vaults, trigger auctions or directly buy the collateral, they swap that collateral for DAI then burn it.
👨⚖️ Auctions of collateral that’s already liquidated.
🤑 Arbitrage; bots monitoring the maker system sell lower priced dai from unbalanced liquidity pools to ensure DAI remains $1 across exchanges.
… and in the past few weeks, the wallets working on #pMKR have been deploying a lot of keepers.
#pDAI will get to $1 soon.
And it will stay there.