Stablecoin God

Deep dive into all stablecoins

[Stablecoin God @stablecoingod]

@ThinManTerra Wisconsin?? Why would anyone want to visit my hometown?🤔

[Stablecoin God @stablecoingod]

@chainyoda Just give me your seed phrase and I’ll help you with your withdrawal 🤣🤣

[Stablecoin God @stablecoingod]

@JayJaboneta While I believe it will go back to close to $1 it will never gain back the confidence of the masses

[Stablecoin God @stablecoingod]

@CryptoPista @coffeebreak_YT Either way it seem like it was a whale intentionally playing with the peg trying to depeg it
With the already weak market and fear it worked

[Stablecoin God @stablecoingod]

@CryptoPista @coffeebreak_YT The rumors are it was Citadel trying to push the peg low enough to create liquidations in the $MIM $UST degen box and it definitely worked

[Stablecoin God @stablecoingod]

I will come out with a thread on Exactly hoe $USN works when they come out with more documentation

[Stablecoin God @stablecoingod]

$USN is not what you think
Or is it?
🧵🪡
I have been spending hours digging deep into #USN the whitepaper the documentation and discord and I only have more questions
(1/10)

[Stablecoin God @stablecoingod]

I don’t think $USN was ready when it was announced and I hope very soon they will address all the questions I and others have and with @DcntrlBank allow the TVL of #NEAR to moon
(10/10)

[Stablecoin God @stablecoingod]

What are #stablecoins?
They are coins on a blockchain that are supposed to equal $1
If they actually do is another question
In this account I will dive deep into every #StableCoin how it is supposed to stay at a dollar
And how risky it is of crashing and burning😳

[Stablecoin God @stablecoingod]

@Financialabund2 All of the rumors are locking up $NEAR to mint $USN not burning but taking it out of the supply

[Stablecoin God @stablecoingod]

$USN and the rumored 20% apy coming with it could be huge for NEAR in the long term for similar reasons why $LUNA became so huge
1. When you mint $UST you are “burning” $NEAR reducing supply
2. It will bring the TVL of NEAR 📈

[Decentral Bank @DcntrlBank]

$USN is NEAR

April 2█, 2022