>muh academic peer reviewed phd whitepaper
Muh academic peer reviewed phd whitepaper
Post full paper
Lmao 1 million years of simulation lol
>peer reviewed
And in the 6 millionth year, UST depegged.
Lmao they overcomplicated this shit with so much tech jargon and bullshit, the way algorithmic stables work is quite simple. No wonder all the retarded Lunatics kept saying "you just don't get it" whenever anyone posted luna FUD.
Brilliant post user. uni fags everywhere seething that basement biz posters are smarter than this “doctor” hahahahahahah
The funny thing about luna and UST is all this fancy stuff inherently created the exact conditions required for them both to go to zero. I mean think about something like shiba or doge - neither of them are going to suddenly go to zero overnight (current downturn hit them pretty bad of course but even if they do fail in the long term you'll get chances to get out).
It's essentially a straight rug like you'd only see with scam coins, except it was all done algorithmically. There's some bizarre irony to all this.
tweets locked
what did you do
It's probably still robust, they just need to run the simulation for longer.
Explain it simply and briefly. It's working as intended still?
brainlets detected
the idea of artificially creating price stability in something you can trade is akin to a perpetual motion machine
its amazing how you can shill shit to cryptotards that contradicts basic observable reality and they will buy it
You can create the motion from inputs so long as it isn't closed so the trading is irrelevant.
how hard will you cope when this is back at $1
How many x is that from the bottom?
They didn't account for Jews
who cares, everybody lost confidence in this shit
>we're in the bad simulation
No they haven't, that's the point.
Even if it does repeg, why would anyone put their money and trust in a "stablecoin" that has been empirically proven to be capable of dropping to $0.
Luna is dead unless they fix the problems (algorithmic peg instead of actually being backed 1:1 by USD) that caused it to depeg in the first place. People fleeing from USDT as well proves investors are rightly leery of any USD stablecoin that isn't fully and transparently backed by USD reserves.
You're not using your mind. If it repegs it means the algorithm worked and it never dropped to 0.
If it gets back people will trust it more