Why should I throw my money away again trying to stabilize the DUSD when the DFI team can give up their piece of the pie and not even send the tokens burn.
Читать полностью…Psychology is an essential part of economics. You’re right that price parity and repegging are not the same, but the presence of the former helps induce the latter. We all witnessed the collapse of LUNA and UST, which had seemed so stable before. The fact that everyone believed in it allowed the system to work even though it was not sustainable. In that timeframe there were opportunities to increase the stability of the system. Only after the trust was lost, did the crypto/stablecoin unravel.
If you convinced people to remove 20% of the money in their savings accounts, you would probably find that the bank would not be able to satisfy them all — leading to trust issues with other people, causing a massive domino effect.
The point being, price parity is an asset for the system. When people have trust, it enables the system to generate value from the users, which can then be funneled back into the system to stabilize the fundamentals
« Fake it til you make it » as they say
Why should anyone pay for someone else? This like all in life was created for profit which creates innovation and freedom. You had the freedom to exit your position and enter back where it was or when it may be profitable again.
Читать полностью…Sorry to say there are no miracles in crypto/ life just cold but just market dynamics.
Читать полностью…That price is being paid by the current holders. But we also will reap the rewards of whatever we create
Читать полностью…Sitting here taking marginal profits since beginning but sitting on a shit load of tax debt
Читать полностью…I am truly interested in the dToken and DUSD, I am not here to make profit by buying $0,05 DUSD and selling it for $0,10
Читать полностью…I know that DUSD is near by zero, I staking pairs dtoken with DUSD on light wallet and rewards what I getting in DFI tokens, I all the time sending to Bake platform to staking.....
Читать полностью…Okay, let's imagine a negative scenario because we have painted a very negative scenario in the last few years.
The market has been mobilized again and investors have stepped up to the plate. We tried to stabilize the DUSD and we failed again.
2. After the failure, where will the liquidity investment of so many people go? Because my really big investment is now down to a very funny figure.
The investment was a decision I made myself, I don't want to blame anyone, but if the DFI team is not going to put their hand under the stone, why are we as investors always putting our hands under the stone?
Im answering someone who asked a question buddy. Give him your perspective, he asked for a summary not to be told go read that dfip, etc.
Читать полностью…And unfortunately still no concrete proposal on Reddit or a DFIP from you. 🤷🏼♂️
I'd say you've repeated yourself often enough by now. Enough is enough. 👍
Here is my personal view of what is happenning: there is a measure that will froze 90% of the supply in the hopes of increasing the price, in practical terms it is a devaluation of dusd, just like when a country like Zimbzwe cut off 7 zeroes to its currency. The problem with this is that it is not accompanied by any measure to fully back the stable coin in a sustainable manner, moreover the supply is not erased and in theory it will be unfrozen by tranches each time the stable reaches price parity, which is the same as injecting cancerous cells each time you are recovering from cancer..,
That is also based in the false belief that once you reach price parity all might be resolved, confusing price parity with repegging, while in fact reaching price parity is not the same as repegging, as pegging implies without exception fully backed assets in usd or other backed stable like usdt.
I'm here since Genesis block and asking myself, when I am tired of all the stuff happening, others are too. So I'm curious who will be paying for all the people from day one selling and leaving
Читать полностью…Honest question, is there any person that actually hold dToken and dusd, that is not going to sell every penny after recollateralisation 🤔just asking for a friend 🤥
Читать полностью…Correct, there will be a change for the dtokens and bake will swap before to prevent freezing the tokens on bake.
You can transfer them to your lightwallet and partizipate in the dtoken restart (check the blogpost i have linked) or swap them to DFI or BTC. But take care, DUSD is not at 1$ 👍
Can someone explain to me shortly what going on please!I am in DFI project long time, from 2021 and I had invested a lot of my money and I see that my investing money just falling down... I never withdrawal any assets and I doing staking with dtokens pairs
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