Post AJHmZEGqAlSuajCDWS by Chronotope@indieweb.social
(DIR) More posts by Chronotope@indieweb.social
(DIR) Post #AJHm95gJU5fgQJeAfw by web3isgreat@indieweb.social
2022-05-09T19:41:48Z
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TerraUSD (UST) stablecoin struggles to retain pegMay 9, 2022https://web3isgoinggreat.com/?id=terrausd-ust-stablecoin-struggles-to-retain-peg
(DIR) Post #AJHmDhAe2gH9qv1v1M by web3isgreat@indieweb.social
2022-05-09T19:41:53Z
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✅ cool✅ calm✅ collected
(DIR) Post #AJHmDnRAk93rHuoCcC by web3isgreat@indieweb.social
2022-05-09T19:41:56Z
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7-day and 1-day views of UST/USD.The bounce back up to around $0.97 after the huge dip just now (visible in the 1-day chart) seems to coincide with Do Kwon tweeting "Deploying more capital - steady lads", but didn't succeed in bringing UST back to peg.
(DIR) Post #AJHmJ47e8UjwU3Bj4y by web3isgreat@indieweb.social
2022-05-09T19:41:53Z
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✅ cool✅ calm✅ collected
(DIR) Post #AJHmZEGqAlSuajCDWS by Chronotope@indieweb.social
2022-05-09T19:42:42Z
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@web3isgreat Wait... how does a stablecoin become *unpegged* isn't that counter to the whole point?
(DIR) Post #AJHnWLy9C2mlYMe3M0 by proactiveservices@fosstodon.org
2022-05-09T19:57:06Z
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@web3isgreat Why should you arrange your timetable to suit him? It's all on the blockchain so it's not like it's going to disappear before his morning Kool Aid.
(DIR) Post #AJHyec4wHUqvKQxlVw by web3isgreat@indieweb.social
2022-05-09T22:01:34Z
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UST continuing to depeg, now down to $0.93, despite LFG liquidating ~$1.3B in bitcoin reserves today to try to prop up the price.
(DIR) Post #AJHyuQjEFTNalBLmN6 by web3isgreat@indieweb.social
2022-05-09T22:04:45Z
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UST continuing to depeg, now down to $0.93, despite LFG liquidating ~$1.3B in bitcoin reserves today to try to prop up the price.
(DIR) Post #AJHyyNZnuSPo8tpDCC by web3isgreat@indieweb.social
2022-05-09T22:04:47Z
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in the time i wrote that tweet it de-pegged further to $0.84 holy shit
(DIR) Post #AJHz2UUI9kWSjeCuVU by pettter@mastodon.acc.umu.se
2022-05-09T22:05:26Z
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@web3isgreatYou love to see it
(DIR) Post #AJHz7LJNhRdziyPwn2 by ridge@chaos.social
2022-05-09T22:07:07Z
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@web3isgreat thank you for your service
(DIR) Post #AJHzHTXFyjtE7rjtbc by proactiveservices@fosstodon.org
2022-05-09T22:08:48Z
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@web3isgreat These figures just cause my brain to register this entire enterprise as a badly-managed OpenTTD game.also side note: some of your toots are duplicating:https://indieweb.social/@web3isgreat/108274233785420727https://indieweb.social/@web3isgreat/108274246324356929
(DIR) Post #AJI8qqHgI3oKP2OQQC by web3isgreat@indieweb.social
2022-05-09T23:56:18Z
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below $0.80 now
(DIR) Post #AJI98WTGh4IsAMF9e4 by parleur@mastodon.parleur.net
2022-05-09T23:59:12Z
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@web3isgreat Hourray !
(DIR) Post #AJI9ETuJ8gBZx4jSWO by rysiek@mastodon.technology
2022-05-09T23:59:20Z
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@web3isgreat
(DIR) Post #AJI9TNP3bSDG7jDY5w by web3isgreat@indieweb.social
2022-05-10T00:03:09Z
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UST did de-peg dramatically, down to $0.84, in december 2020. it also had a market cap 1/100th of what it has today when that happened.this de-peg is now worse than that one, with UST currently trading at $0.76
(DIR) Post #AJI9iSyr9HPRlW9qCm by KevinMarks@xoxo.zone
2022-05-10T00:05:55Z
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@web3isgreat getting Soros vs Sterling vibes on this one https://en.wikipedia.org/wiki/Black_Wednesday
(DIR) Post #AJIAcNbKKvcRIWoVN2 by msh@coales.co
2022-05-10T00:16:27Z
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@web3isgreat terraUSD is a #VeryStableGenius currency
(DIR) Post #AJIBhd7OAhPcpEsTeC by web3isgreat@indieweb.social
2022-05-10T00:28:01Z
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the associated LUNA token is also down over 50% today. it's a bloodbath over at @BXRekt@twitter.com https://twitter.com/BXRekt/status/1523810203111723008
(DIR) Post #AJIFASGnsprNROiYxk by datatitian@social.coop
2022-05-10T00:58:21Z
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@rysiek @web3isgreat (5 hours ago): stable coin dropping to 95¢ might seem like a small difference, but it could have ripple effects(40 minutes ago): whoops it's dropping faster than I can post updates, 80¢ now...
(DIR) Post #AJIFASjs8l70tYJmGu by heluecht@pirati.ca
2022-05-10T01:06:23Z
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Interesting. I really would like seeing this crypto bubble explode ...
(DIR) Post #AJIs2inKSS8KaREbZo by Yuvalne@433.world
2022-05-10T08:22:18Z
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@web3isgreat $0.68 and only managed to get back to $0.91. Ouch.
(DIR) Post #AJK91wteQzdQPdMwYy by web3isgreat@indieweb.social
2022-05-10T23:06:30Z
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@BXRekt@twitter.com after recovering to around $0.90 last night and staying around there for almost a day, UST just plunged to nearly the low it reached yesterday
(DIR) Post #AJKAEig8hvSO2Ehc8m by thene@fandom.ink
2022-05-10T23:20:59Z
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@web3isgreat wow....Wow
(DIR) Post #AJKB9yaYEAKnsvOHIG by web3isgreat@indieweb.social
2022-05-10T23:31:22Z
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@BXRekt@twitter.com Meanwhile, LFG reserves
(DIR) Post #AJKBnCG5Kx11ZiWH2W by web3isgreat@indieweb.social
2022-05-10T23:38:37Z
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Luna Foundation Guard is trying to quickly raise even more capital—more than $1 billion—to try to prop up USThttps://www.theblockcrypto.com/post/145978/luna-foundation-guard-seeks-more-than-1-billion-to-shore-up-ust-stablecoin-sources
(DIR) Post #AJL9h7KGl1bjn0PTZw by wintermin@aus.social
2022-05-11T10:49:24Z
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@web3isgreat I do not understand how this works and why within 24 hours it’s value has varied so wildly. This is fascinating and shocking that people invested in it.
(DIR) Post #AJLBzPIsr6NSfPbwDg by web3isgreat@indieweb.social
2022-05-11T11:15:18Z
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UST hit $0.30 overnight and is currently trading at around $0.50. Luna has plunged below $3, from its previous price of more than $80. There has been a marked change in tone in tweets by Terraform Labs CEO Do Kwon since the problems began a few days ago.
(DIR) Post #AJLIGCc9szZ3xb1CNM by bunny_jane@plush.city
2022-05-11T12:25:26Z
1 likes, 1 repeats
@web3isgreat me rn