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Paptops
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Joined June 2022
- @PaptopsPosted to c/stablecoin 18 days agoJustin Sun’s USDD is also an algorithmic stablecoin. How can it avoid the fate of Terra’s UST?Sun admitted that his inspiration to launch USDD is Terra’s ascent, but also learned lessons he hopes to apply to his own stablecoin after UST’s collapse. For instance, Sun thought UST is undercollateralized. To avoid a collapse like UST, the collaterization must be in the... (more)
- @PaptopsPosted to c/trading 21 days agoWho is the Slum Doge Millionaire?It’s Glauber Contessoto, a Los Angeles resident with ties in Brazil. Contessoto reportedly invested all his life savings on Dogecoin last year and made $1.8 million after a $250,000-plus investment. Even after the recent cryptocurrency price bloodbath, Contessoto is still $280,000 richer than he was... (more)