Kaiming Wu

[Kaiming Wu @KaimingWu]

@THORmaximalist terra19ff6q2h69ndj3xjxm7t5ylnns2tcf6m3lpk3h2 lfg one time for financial liberty

[Kaiming Wu @KaimingWu]

@phtevenstrong Well one thing's for sure at this point - it definitely has to be either the de or the fi that is important part

[Kaiming Wu @KaimingWu]

@waitbutwhy @readwiseio save thread

[Kaiming Wu @KaimingWu]

@RahmatullahSur6 @TheRyanLion You have 15,000,000 lunc and 73 Luna…

[Kaiming Wu @KaimingWu]

@aboyar0b @stablekwon You prob shouldn’t have gambled your car and your house. That’s on you brah.

[Kaiming Wu @KaimingWu]

@stablekwon How do you burntards not forget to breathe and spontaneously choke on your drool?

[Kaiming Wu @KaimingWu]

@elonmusk is so optimistic about humanity that he'd rather convince himself that they're all bots than believe that everyone is really this fucking stupid. If that's not inspiring idk what is.

[Kaiming Wu @KaimingWu]

@THORmaximalist "Burn luna, create tax" camp is prob pretty similar in reading comprehension and deductive reasoning ability to a "bomb mexico, secure border" camp. Hence why individual national policies aren't voted on by the public.

[Kaiming Wu @KaimingWu]

@THORmaximalist Absolutely. Decentralization holds far more value as a defense against hostile censorship than as a realization of pure democracy. The vast majority of individuals in any pure democracy will always have far less literacy and competence than their proportional voting weight.

[Kaiming Wu @KaimingWu]

@ErikVoorhees Isn't this basically how Bancor v3 is handling single sided staking with IL protection?

[Kaiming Wu @KaimingWu]

@stablekwon @CryptoHarry_ Similarly, does aUST which was locked as collateral in mirror, bids in Kujira etc get indexed?

[Kaiming Wu @KaimingWu]

@PhoenixFinan @stablekwon First

[Kaiming Wu @KaimingWu]

@FreyaJane89 Wonder how many fork haters/burn proponents are bots? And of those that aren’t bots, how many frequently spontaneously forget to breathe a few times a day

[Kaiming Wu @KaimingWu]

@stablechen @terra_money All of the people crying for burn can barely construct a coherent sentence, let alone comprehend the implications of the plan they blindly support.

[Kaiming Wu @KaimingWu]

Market panic removed the capital and liquidity, let market speculation put it back in.

[Kaiming Wu @KaimingWu]

Hypothetical: LFG/TFL accumulate $UST sub $.10, then announce initiation of tiered reimbursement for all UST holders as of pre-attack snapshot. UST insta-gaps up closer to repeg, at which point they can sell the UST into USDC/USDT to "reimburse" $LUNA

[Kaiming Wu @KaimingWu]

@stablekwon @Remi_Tetot @terra_money @LFG_org @jump_ @hashed_official @danku_r @CryptoHarry_ @THORmaximalist @VitalikButerin @cz_binance

[Kaiming Wu @KaimingWu]

@cryptoazzurri @terra_money No one made you or anyone else take on leverage. No system will ever be designed to be leverage proof. We all pay market tuition. Those who learn and get better will fight another day. Those who don’t are ngmi.

[Kaiming Wu @KaimingWu]

@danku_r @anchor_protocol @avalancheavax @wormholecrypto How so? This would require the borrow APR to be higher when using sAVAX as collateral versus bLUNA and bETH, which right now is the same at 11.5x APR. While bLUNA and bETH staking yields are directed to anchor cash flow, sAVAX staking yield is remaining with the holder.

[Kaiming Wu @KaimingWu]

@danku_r @anchor_protocol @avalancheavax @wormholecrypto Allowing sAVAX as collateral on anchor will come at a price. Most users aren't aware that the sAVAX staking yield rate is not accrued to anchor reserves (stays with sAVAX holder) and as such will cause the anchor yield reserve to become even more unsustainable.