Stable Coins
Here is an excellent analysis (autopsy) of why #Luna / #UST crashed. It appears it was avoidable but very bad decisions were made which caused the crash.
https://newsletter.stakingrewards.com/p/terra-staking-rewards-special-comment?s=r
And here is draft white paper for #EUSD by #EpicCash
https://docs.google.com/document/d/1sDraG04tycwFam3MGEgtWTwpJhcB41qocK06fc83U5c/edit?usp=drivesdk
Here are some of my thoughts re. Stablecoins and why i think we need Stablecoins pegged to / backed by "cost of living" tokenised commodities instead of backed by or pegged to criminal fiat currencies:
Would you not prefer a stable coin which can buy the stuff you need at a stable price?
Sat Nam
Atma
ps.
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That's an excellent analysis of LUNA/UST. Backed by commodities of everyday living essentials make perfect sense. You can tokenized wheat, sugar, corn. Why has nobody thought about it !
There is dex called Blindex on RSK chain. Their dream is to tokenize everything. Big plans, I know. They just introduced gold to their list. Following that project with grat interest.
what happens to luna is heartbreaking but i think in The no Time they will bounce back
I appreciate your content quality. Not a lot of people put the time and effort into their blogs. Thank you.
Thank you. i appreciate you.
For lesser quality / shorter posts i use D.Buzz which by default limits the post payout to 1, but with oprion to increase it, which i quite often do if i think what i'm posting is worth more than 1 HBD.
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But, be careful posting identical comments like i now see you've been doing, as this can be considered as reward pool farming, and you run the risk if being down voted or even blacklisted. You don't want that.
How about making some posts, especially an # introduceyourself post.
Sat Nam
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