Karim U. Khan

[Karim U. Khan @karimukhan]

@Real_JoeNathan @BarryLouPolisar I'm curious too.

[Karim U. Khan @karimukhan]

@pedroexplore1 Incredible work my friend. Thank you for data based analysis in a time of high emotion.

[Karim U. Khan @karimukhan]

@TheRyanLion Agree. Major reset. But this is crypto, no fate is sealed. Lost confidence can give way in time to a new narrative.

[Karim U. Khan @karimukhan]

@Shigeo808 @stablekwon Let's sugarcoat nothing about today here. But taking the long view, I think it's possible for this to be a chapter in the history books predating a successful place in mainstream crypto. Possible.

[Karim U. Khan @karimukhan]

@Shigeo808 What's interesting to me is that @stablekwon has said perfectly clear in interviews that a) algo stables are more fragile (but can grow faster), and b) losing peg temporarily is not unexpected in crises, comparing UST to countries pegging local currency to USD.

[Karim U. Khan @karimukhan]

@Shigeo808 @stablekwon Don't underestimate people's willingness to get back in the game to make a profit. As unbelievable as it sounds in this moment, there will come a time (not soon, in crypto time) for the second act. Terra may be saved by its ecosystem (and the 21 day unbinding period).

[Karim U. Khan @karimukhan]

@Cephii1 Bought cheap UST to pay down my Anchor loan.

[Karim U. Khan @karimukhan]

@WhiteWhaleTerra Much needed clarification for many. Lot of misunderstanding about "where" there was a deviation from the peg.

[Karim U. Khan @karimukhan]

@WhiteWhaleTerra Please update on WW arb activity during this time. How much did we contribute to defending the peg?

[Karim U. Khan @karimukhan]

@crypto_rudd I hope so

[Karim U. Khan @karimukhan]

@pedroexplore1 @alice_finance If they could crack the code on deposit insurance it would bring in even more of the mainstream.

[Karim U. Khan @karimukhan]

@milesdeutscher I'm also impressed. One thing I'd wish for is MM wallet to have better gas estimation during high traffic periods. New users will think the network is broken until they learn how to check current gas prices and edit the tx.

[Karim U. Khan @karimukhan]

@milesdeutscher $fUSD

[Karim U. Khan @karimukhan]

@Raq66664442 @crypto_rudd A prediction like that deserves a link to your model/research or at least your reasoning

[Karim U. Khan @karimukhan]

@crypto_rudd This is great, we really appreciate the updates. I have been impressed how well Luna is holding up relative to other coins.

[Karim U. Khan @karimukhan]

@crypto_rudd Try this delicious SoCal chain

[Karim U. Khan @karimukhan]

@_unified_theory @milesdeutscher should RT when both parts are out. Surprising lack of real info on $fUSD on Twitter.

[Karim U. Khan @karimukhan]

@_unified_theory This actually sheds some light on what Tomb says the purpose of their token is. But fUSD is probably a better idea. A different mechanism than the $LUNA/ $UST relationship, but there are conceptual similarities. Eager to learn more.

[Karim U. Khan @karimukhan]

@milesdeutscher @FantomFDN @DeusDao Can you do a thread/show about fUSD/fMint/fSwap/fLend? TBH I had no idea about these despite using Fantom for months (obv. I don't use fWallet). Why should anyone care about fUSD, why is it important?

[Karim U. Khan @karimukhan]

@USTmarketcap Actually impressive on a crap day