Stable Coins

avatar

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:

img_0.4925534649625301.jpg
Screenshot Source

Would you not prefer a stable coin which can buy the stuff you need at a stable price?

Sat Nam
Atma

ps.
Would you like to earn some free crypto and have fun and help save the world while doing so?
If so:
Join Fractally and start earning $RESPECT
https://genesis.gofractally.com/share/P3y08N-PpNgcxJQh
and
Join The Matrix-8 Solution General Discussion + Q & A's Group on Telegram and start pre-mining $KLU https://t.me/+U6NwI1Zw3Z_F-Jja

All photos taken by me with Redmi Note 9 Pro (unless noted otherwise)

#teamuk #proofofbrain #palnet #matrix8 #PGM #OneUp #m8s #matrix8fixesthis #thoughtfuldailypost #vyb #1up

hive-167922 #terra #commoditycoin #stablecoins
0
0
0.000
11 comments
avatar

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 !

0
0
0.000
Reply
avatar

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.

0
0
0.000
Reply
avatar

what happens to luna is heartbreaking but i think in The no Time they will bounce back

0
0
0.000
Reply
avatar

I appreciate your content quality. Not a lot of people put the time and effort into their blogs. Thank you.

0
0
0.000
Reply
avatar

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.

!PGM !PIZZA !LUV !LOLZ !MEME !CTP

0
0
0.000
Reply
avatar

Sent 0.1 PGM - 0.1 LVL- 1 STARBITS - 0.01 MOTA - 0.05 DEC - 15 SBT tokens to @atma.love, @bking33

remaining commands 12

BUY AND STAKE THE PGM TO SEND A LOT OF TOKENS!

The tokens that the command sends are: 0.1 PGM-0.1 LVL-2.5 BUDS-0.01 MOTA-0.05 DEC-15 SBT-1 STARBITS-0.00000001 BTC (SWWAP.BTC)

image.png
Discord image.png

Support the curation account @ pgm-curator with a delegation 10 HP - 50 HP - 100 HP - 500 HP - 1000 HP

Get potential votes from @ pgm-curator by paying in PGM, here is a guide

I'm a bot, if you want a hand ask @ zottone444

0
0
0.000
Reply
avatar

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

0
0
0.000
Reply