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FatManTerra's profile
FatMan
FatMan
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@FatManTerra

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FatMan

@FatManTerra

FatMan from the Terra Research Forum I provide research, updates, and analysis on the Terra situation as it unfolds. Views are my own opinions.

fatmanterra.eth
Joined May 2022

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    1. CyberLexter‏ @CyberLexter May 19

      .@FatManTerra have you read about how @anchor_protocol liquidated bETH collateral at the ETH USD price instead of the UST price? Our collaterals shouldn't have been liquidated because they were worth much more in UST! Feel like they stole our bETH 🤬pic.twitter.com/q8nwdMtapz

      8 replies 1 retweet 7 likes
      FatMan‏ @FatManTerra May 19
      Replying to @CyberLexter @anchor_protocol

      Didn't know this... This makes no sense. If you borrow UST with bETH as collateral and UST collapses, how could you possibly get liquidated? Doesn't seem fair at all. I'll take a closer look now.

      10:20 AM - 19 May 2022
      • 16 Likes
      • InvestingUnionDAO absenteevape Farzam MrLontxo Messy1 𝓵𝓾𝓹𝓲 Ga₿ᚱiele⚡
      5 replies 0 retweets 16 likes
        1. CyberLexter‏ @CyberLexter May 19
          Replying to @FatManTerra @anchor_protocol

          Exactly, I lost most of my bETH because of this and no words from Anchor about compensating this wrong liquidation.

          3 replies 0 retweets 0 likes
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        2. npop‏ @npop May 19
          Replying to @FatManTerra @CyberLexter @anchor_protocol

          I lost 10 beth from this an I can't do anything since Luna going to 0

          2 replies 0 retweets 0 likes
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        1. Messy1‏ @lookin_4_it May 19
          Replying to @FatManTerra @CyberLexter @anchor_protocol

          This is accurate. I've heard this same story from numerous ETH and AVAX bonders.

          0 replies 0 retweets 0 likes
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        1. typicaldoomer‏ @typicaldoomer May 19
          Replying to @FatManTerra @CyberLexter @anchor_protocol

          seems the mechanism of bonding these assets not working as we though, works somehow with "peg" on luna/ust and ecosystem in general !! ???, this is my only explanation with my poor 5month in game knowledge

          2 replies 0 retweets 0 likes
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