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FatManTerra's profile
FatMan
FatMan
FatMan
@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. FatMan‏ @FatManTerra May 22

      Do you guys remember when this happened on Binance? Nobody could sell UST under $0.70, presumably as a safety feature to protect against depegs or flash crashes. Was it responsible to remove this floor and allow UST to freefall? I think this is the #1 winning legal angle.pic.twitter.com/qD767J6oKe

      91 replies 114 retweets 927 likes
      Show this thread
      FatMan‏ @FatManTerra May 22

      Off-chain spot products like this serve to destabilize the peg further even if the on-chain peg is intact. It would be incredibly interesting if TFL had contacted Binance at any point during the depeg to disable LUNA/UST trading and they ignored it. We are entering new ground.

      8:44 PM - 22 May 2022
      • 22 Retweets
      • 338 Likes
      • ArThit Fx John Rego 0xRJ UnstableKwon John Morris Julius Geezer 🦧🤝🏻🦧 aka Optimus Primate 💎🦍🌝 Anna Blue Omid Heravi SHIVA🔸🔶🔸🌕
      18 replies 22 retweets 338 likes
        1. New conversation
        2.  🔥Warrior 🔥‏ @ProphetCryptos May 22
          Replying to @FatManTerra

          💯 The pitch to poach projects afterwards plays into the long game.

          1 reply 0 retweets 1 like
        3. the Analyst‏ @bisht_dishant May 22
          Replying to @ProphetCryptos @FatManTerra

          Also @cz_binance too party the fee for all this. But what about rest of the exchanges!?

          0 replies 0 retweets 2 likes
        4. End of conversation
        1. the Analyst‏ @bisht_dishant May 22
          Replying to @FatManTerra

          Wow i knew it there's something to do with binance in all this fiasco. Great going luna community. I hope @cz_binance has got something to explain.

          0 replies 2 retweets 9 likes
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        1. jimbovelure‏ @jimbovelure May 22
          Replying to @FatManTerra

          Any reason a healthy percentage of Luna hasn't been voted yet in the proposal? Waiting til last minute? I cant imagine there is any institution unaware of the situation..

          0 replies 0 retweets 1 like
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        1. Dai Duong‏ @daiduong43 May 22
          Replying to @FatManTerra

          cz self-interest 🖕

          0 replies 0 retweets 3 likes
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        1. Vmelev‏ @VianneyKw May 22
          Replying to @FatManTerra

          Possibly, and this may have left TFL with no other way out, but to reach out to Validators to stop the chain instead.

          0 replies 0 retweets 2 likes
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        1. DigitalDataNomad‏ @DigDataNomad May 22
          Replying to @FatManTerra

          There was also UST/USDT perps introduced at the same time? Coincidence?

          0 replies 0 retweets 1 like
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        1. BadBad‏ @BadBadOriginal May 22
          Replying to @FatManTerra

          Hi, do you know if there is any news on the acceptance of your proposal to make UST holders whole? Sorry to ask, I'm not experienced in navigating twitter and the agora forum

          0 replies 0 retweets 1 like
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        1. Ⓥictor Faulkner  🌖‏ @lvictorfaulkner May 22
          Replying to @FatManTerra

          Exactly, CEXs have removed for crypto the circuit breakers that are a common feature in Tradfi markets

          0 replies 0 retweets 1 like
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        1. James Nagle‏ @jamiejc22 May 22
          Replying to @FatManTerra

          I sold my $240,000 position at $.35 on the dollar at that time I knew I was cursed and ruined. I didn’t know it get worse for others

          0 replies 0 retweets 2 likes
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