@Shigeo808 Funny enough this is how they marketed the “fly wheel effect” of psi - saying rewards put in to lp pool will allow arbitragers to deposit more and more nAssets for cheaper psi.
@toly@JoshuaGuevin@Royal0ui like are you saying subcommittee gets the message first -> malicious one can expose the other subcommittee members -> ddos -> censorship?
@toly@JoshuaGuevin@Royal0ui could you guys break this down for me? even if a subcommittee member is open to bribe more than 1/3 of total validators would have to be malicious, at that point it breaks 3f+1 bft assumption breaks anyways.
I’m bullish because of cross chain adoption and the exploding ecosystem. I believe in a completely decentralized stable coin. Shout out to TFL + Terra community for making the ecosystem accessible 12/n
Having both $MIM and $UST as decentralized stablecoins is a good thing. Former gives more ways to leverage your assets, Latter is completely decentralized & solves scalability issues of $mim and has the most user-friendly apps, shoutout @anchor_protocol@mirror_protocol. 9/n
$UST volume is probably just as important (if not more) as market cap when pricing $LUNA. We want to see real adoption and organic spend. Dead money not being utilized doesn’t really inspire confidence in liquidity. 8/n