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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. TRON DAO Reserve‏ @trondaoreserve Jun 11

      To safeguard the overall blockchain industry and crypto market, TRON DAO Reserve is buying $50 million worth of #BTC and #TRX for reserve.

      110 replies 147 retweets 668 likes
      FatMan‏ @FatManTerra Jun 11
      Replying to @trondaoreserve

      But why are we counting burned TRX as collateral if it's truly burned

      7:55 AM - 11 Jun 2022
      • 6 Retweets
      • 79 Likes
      • Sixtus Garrett Luchaco seriouslolzz Erfan Abedi Paulo Kien Trung Nguyen OneAnon Rolando Николай Кузнецов
      9 replies 6 retweets 79 likes
        1. MisterOneZero‏ @MisterOneZero Jun 11
          Replying to @FatManTerra @trondaoreserve

          Why you want an algo stabecoin to be a collateralized one ?

          0 replies 0 retweets 1 like
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        1. Emi‏ @MaiduInHeaven Jun 11
          Replying to @FatManTerra @trondaoreserve

          Good point. I wonder if some could answer thus question ASSP plz

          0 replies 0 retweets 2 likes
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        3. New conversation
        1. ben‏ @ben23888 Jun 11
          Replying to @FatManTerra @trondaoreserve

          It's just locked not burned really confusing use of the word. The paired currency in an algo stable should still never be counted in collateralization no matter what

          2 replies 0 retweets 10 likes
        2. FatMan‏ @FatManTerra Jun 11
          Replying to @ben23888 @trondaoreserve

          Ah, I see

          2 replies 0 retweets 5 likes
        3. Show replies
        1. VIKTOR‏ @thedefivillain Jun 11
          Replying to @FatManTerra @trondaoreserve

          VIKTOR Retweeted VIKTOR

          https://twitter.com/thedefivillain/status/1535644129002196992 …

          VIKTOR added,

          VIKTOR @thedefivillain
          I think the "burned" TRX as collateral for $USDD are not burned, buy only locked. But in the case of a crisis of confidence and death spiral, I don't think this difference really matters. What matters is the $USDT and $BTC collateral they have to defend $USDD peg https://twitter.com/FatManTerra/status/1535636821543112704 …
          Show this thread
          0 replies 0 retweets 0 likes
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        1. Cryptocyco‏ @cryptocyco_s Jun 11
          Replying to @FatManTerra @trondaoreserve

          Luna 2.0 in the making 🤑

          0 replies 0 retweets 2 likes
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        1. Michiko‏ @michiko_0x Jun 11
          Replying to @FatManTerra @trondaoreserve

          not burned i guess coz its an msig. his excellency most likely has control of it

          0 replies 0 retweets 0 likes
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