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Yes, and I think that’s a very non-zero probability risk. We already know that the USDD design is inherently flawed. If you were Sun would you really throw billions of dollars away to defend a system you knew would fail in the end?
It will take less than a tenth of a billion to repeg right now, so either he has already given up (unlikely, USDD is still so small) or there is a master plan at play to squeeze shorters
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I shared my thoughts ser. Make of them what you will.pic.twitter.com/jzuiZDiLLr
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lolol repeating the same method of calculation that i gave for
$LUNC and$USTC repeg. Glad you learned. It will work yes
https://twitter.com/onlyfuturescry1/status/1534621706916179969 …
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That's totally incorrect, it doesn't account for liquidity. There aren't that many coins available for sale in the sell books and it doesn't factor in slippage. This is why I had to run the calculation with a market maker, it's a bit of a complex arithmetic
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Likely a squeeze play coming
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