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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. Sumo‏ @SumoLuna May 23

      Sumo Retweeted FatMan

      I own a lot of KUJI, or I will own when they launch on their new chain. Let’s say I say that I’m going to give out 10% of my holdings to support the project. If the project comes under stress and I sell part of this 10% to help fix the issue, is this fraud? @FatManTerrahttps://twitter.com/FatManTerra/status/1528933160418955264 …

      Sumo added,

      FatMan @FatManTerra
      Replying to @SumoLuna @terra_money
      1M LUNA was pulled out of the Dawn fund and it's supposed to go to infrastructure building (to benefit the project, community, and builders) - if, hypothetically, these funds ended up in a VC's pocket, this would be at a direct cost to the community and is almost fraud.
      10 replies 4 retweets 63 likes
    2. FatMan‏ @FatManTerra May 23
      Replying to @SumoLuna

      Bailing out LUNA wasn't fraud. Terra's failure to responsibily disclose what happened might be. Spending money on a monthly payment by lying might be. There's a few more details about what Jump did with LUNA that I can't share ATM but let's just say it was at retail's expense

      5 replies 7 retweets 66 likes
    3. Sumo‏ @SumoLuna May 23
      Replying to @FatManTerra

      No, it’s not fraud. THESE WERE NOT COMMUNITY FUND TOKENS.

      4 replies 0 retweets 23 likes
    4. Sumo‏ @SumoLuna May 23
      Replying to @SumoLuna @FatManTerra

      Once again, if they got preferential treatment on UST -> BTC swaps…that would be bullshit. That reserve BTC should have been sold into USDC/USDT and placed into Curve, in my option.

      1 reply 0 retweets 6 likes
      FatMan‏ @FatManTerra May 23
      Replying to @SumoLuna

      That sounds like a good way of going about it. TFL's black box methods don't sit right with me, especially considering the last batch of coins were whisked away by Do and Nick without an LFG advisor vote.

      8:41 PM - 23 May 2022
      • 12 Likes
      • Mike hanspertzy CryptoDude Steady Lads Sanguinato🧭 ByBit Ben 🚀 Prime QuangBui.π
      2 replies 0 retweets 12 likes
        1. Sumo‏ @SumoLuna May 23
          Replying to @FatManTerra

          I’d definitely like to see more disclosure around that. I wish they would have just sat on their hands after seeing the velocity of the bank run. Save the BTC for a later date to do something similar to your initial UST comp proposal. I thought that was great

          4 replies 1 retweet 18 likes
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