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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. H.E. Justin Sun 🅣 🌞 🇬🇩‏Verified account @justinsuntron Jun 14

      Deploying more capital - steady lads

      1,538 replies 2,216 retweets 9,857 likes
    2. FatMan‏ @FatManTerra Jun 14
      Replying to @justinsuntron

      Just ran a quick calculation with a market maker - even though USDD has materially depegged to $0.98, there is more than enough TRX/BTC liquidity in the books to fully repeg it in the interim. I would say it's wise to buy at $0.98 and sell at $1, free money really

      55 replies 31 retweets 359 likes
    3. FatMan‏ @FatManTerra Jun 14
      Replying to @FatManTerra @justinsuntron

      But, as always: - Not financial advice, I'm a horrible trader And also: - This is assuming Justin Sun is willing to deploy all of the advertised collateral to defend the peg (I think so, but it's not guaranteed) - This is only for the short term; the *next* depeg may be different

      17 replies 9 retweets 125 likes
    4. Mehran  🔥 🌓 ‏ @Mehran24086564 Jun 14
      Replying to @FatManTerra @justinsuntron

      Well, I was wondering why you were proposing with such certainty

      2 replies 0 retweets 6 likes
      FatMan‏ @FatManTerra Jun 14
      Replying to @Mehran24086564 @justinsuntron

      It is certain that if all of the collateral is deployed, USDD will repeg in the short run - it's not like LUNA where there's not enough money in the books. USDC, BTC, and TRX are liquid enough. The question is, will all of it be deployed? (I think so, but it's not a given.)

      7:32 AM - 14 Jun 2022
      • 17 Likes
      • XZact Hypothetical Leptoquark KT548 hongjiawei.eth Encrypted Singh MARTY Armstrong Djiksmasher 0xRJ Yahaya Abubakar
      5 replies 0 retweets 17 likes
        1. New conversation
        2. BBG Merval‏ @BbgMerval Jun 14
          Replying to @FatManTerra @Mehran24086564 @justinsuntron

          Why do you think he is willing to deploy capital trying to solve the peg? We all know he has a lot of money but what’s the point on giving away money to create an algo stable?

          2 replies 0 retweets 3 likes
        3. mmt3.eth  🔺‏ @mmt3_eth Jun 14
          Replying to @BbgMerval @FatManTerra and

          With that logic why would he even create one at all though?

          2 replies 0 retweets 2 likes
        4. Show replies
        1. New conversation
        2. Vlad Tamas‏ @vladtamas1 Jun 14
          Replying to @FatManTerra @Mehran24086564 @justinsuntron

          If you call a project "Community Governed" it means democracy. If you only post CEO's proposals and advertise them and refuse to say anything about already passed Community proposal, that's not democracy, but bureaucracy.

          1 reply 0 retweets 5 likes
        3. Show replies
        1. MidasMaxCrypto‏ @midasmaxcrypto Jun 14
          Replying to @FatManTerra @Mehran24086564 @justinsuntron

          Not necessary, dangerous statement to make, derivatives market volatility can swing it either way

          0 replies 0 retweets 1 like
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        1. InvestingUnionDAO‏ @InvestingUnion Jun 15
          Replying to @FatManTerra @Mehran24086564 @justinsuntron

          🤔🤔🤔pic.twitter.com/Jm36ruhdLA

          0 replies 0 retweets 0 likes
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