I don't think this lines up.
1) supply SWAG
2) borrow
3) temporarily crush SWAG
4) run away with funds
5) SWAG recovers
...all you've accomplished is selling your SWAG for a bad price.
This isn't scamming CREAM, I think it ends up donating to it.
Am I missing something? twitter.com/hasufl/status/
Conversation
This just seems super results based. SWAG has no real buyers. The only buy pressure thus far is people who have been tricked into wanting 500 APYs on this 2 week old token. No one has bought it as a hold and the daily volume is in the tens of thousands per day. 1/2
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It seems like your argument is largely based around 5) making him stupid but it is ultimately irrelevant.
They've managed to trade a token that should never be trusted on a platform like this at such a high collateral % in for a "real" asset 2/2
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Replying to
I guess a lot of this comes down to your thoughts on SWAG as a token.
I'm not sure how much you know about it -- FWIW I think that as far as crypto tokens go, it has fairly solid backing.
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Not saying you're necessarily wrong here about the collateral ratio for SWAG, but I'm guessing if their goal was to sell 15m toksn at $0.10 they may have been able to find an OTC buyer for that.