Conversation

Do Kwon

@stablekwon

I wonder if theres an alternative decentralized stablecoin 🤔

Quote Tweet

Composability Kyle

@KyleSamani

· Jun 1, 2021

There are two important implications of this 1) DAI are just shitty, wrapped USDC. Why bother with the fascade? 2) As a lender, Maker is just objectively bad - they cannot respond to market in real time, and therefore always provide non market rates twitter.com/LefterisJP/sta…

10:24 PM · Jun 1, 2021Twitter for iPhone

Replying to

and

$ust for the win!

Replying to

and

Replying to

and

One which can provide a stable 20% apy

Jessee

@joel_jessee

Jun 1, 2021

Not possible unless people are willing to bond $LUNA. Because of the unwind of the bLUNA a lot of people lost big thus they lower the max borrow. People not willing to risk

Show replies

Replying to

and

Yes. It's called $UST....But check out dat @Papi_Token bro you will love it $luna $mir $anc $eth

OW G

@owg_8

Jun 1, 2021

Let's make it happen!

Replying to

and

I know one and it's part of the best ecosystem in crypto (sorry eh ferium) and I hodl this ecosystem so hard but it doesn't pump and that makes me so sad sad.

Replying to

and

Yeah there is.. IYKYK

Polymath.U𝕊T

Replying to

and

$luna $ust let’s go!

GIF

read image description

ALT

Replying to

and

If UST can handle the next significant high volatility in the market well and keep within 1% of $1 at all times then it'll be see as a strong alternative, it still needs to prove itself, I hope it does.