These of you ready for the earth to turn into unstable-
I am afraid you can be ready till the age of males expires
Cities have returned to the mud
Oceans have gone bone dry
The map of continents have been drawn anew
And dinosaurs as soon as once more roam the earth
Gluck
— Do Kwon 🌕 (@stablekwon) May 8, 2022
Deploying extra capital – regular lads
— Do Kwon 🌕 (@stablekwon) May 9, 2022
Near saying a restoration plan for $UST. Cling tight.
— Do Kwon 🌕 (@stablekwon) May 10, 2022
Getting shut … keep sturdy, lunatics
— Do Kwon 🌕 (@stablekwon) May 10, 2022
14/ Terra’s return to type will likely be a sight to behold.
We’re right here to remain. And we’re gonna hold making noise.🌕
— Do Kwon 🌕 (@stablekwon) May 11, 2022
2/ I nonetheless consider that decentralized economies deserve decentralized cash – however it’s clear that $UST in its present type is not going to be that cash.
— Do Kwon 🌕 (@stablekwon) May 13, 2022
‘Predictable, in case you knew the small print’
For these following alongside, the decentralized stablecoin has declared a financial institution vacation by putting in limits on onchain redemptions and getting main markets to droop buying and selling
— nic carter (@nic__carter) May 10, 2022
I solely have one human mind and it’s undoubtedly not large enough to digest the newest rumor on who first began attacking UST’s peg.
— Muyao Shen (@MuyaoShen) May 10, 2022
Simply as the surface view skeptics predicted, throughout a big market transfer a stablecoin blew out. Simply not the stablecoin they predicted.
Which was predictable, in case you knew the small print.
This is not a remark about good vs bad–it’s about how essential it’s to know the small print!
— SBF (@SBF_FTX) May 10, 2022
I’ll have a secret plan😜
— H.E. Justin Solar 🌞🇬🇩 (@justinsuntron) May 8, 2022
5. I’m very disillusioned with how this UST/LUNA incident was dealt with (or not dealt with) by the Terra crew. We requested their crew to revive the community, burn the additional minted LUNA, and recuperate the UST peg. To date, we now have not gotten any optimistic response, or a lot response in any respect
— CZ 🔶 Binance (@cz_binance) May 13, 2022
‘Soros type’?
One of many worlds most credit score worthy corporations:
Borrowed 100k $BTC
Shorted into Kwons Twap shopping for
Swapped 25k $BTC to TaeKwonDo for $UST
Aggressively dumped the rest on spot over previous week.
Began unloading $UST close to backsidePlease welcome @Citadel to crypto
Give it up for Ken https://t.co/Hs6o6oE4le— napgener 0xBullMarket (@napgener) May 9, 2022
We’re conscious of a latest story that advised Gemini made a 100K BTC mortgage to massive institutional counter-parties that reportedly resulted in a selloff in $LUNA. Gemini made no such mortgage.
— Gemini (@Gemini) May 11, 2022
Blackrock and Citadel didn’t kill ust
you guys are smoking crack
— icebergy ❄️ (@icebergy_) May 11, 2022
The right way to make a >800 million {dollars} in crypto attacking the as soon as third largest stablecoin, Soros type:
Everyone seems to be speaking concerning the $UST assault proper now, together with Janet Yellen. However nobody is speaking about how a lot cash the attacker made (or how good it was). Lets dig in🧵 pic.twitter.com/nGVfqjpVJb
— Onchain Wizard (@OnChainWizard) May 10, 2022
Most likely probably the most retarded thread ive learn this decade.
Silence is a wonderfully acceptable possibility if silly.
Billionaires in my following, go forward, see what occurs https://t.co/wtt9OhX4kg
— Do Kwon 🌕 (@stablekwon) November 28, 2021
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