Two Bean 🌱💵
58 posts
stablecoins are toxic
we need massive effort to get real world expenses denominated in BTC and ETH or RAI (vol-dampened ETH)
it's the only way to really have "decentralized money"
Emily Nicolle@emilyjnicolle
scoop! 🚨 Binance said “operational delays” meant that it didn’t keep enough reserves to sufficiently back its own version of the BUSD stablecoin — Binance-peg BUSD — between 2020 and 2021 on 3 occasions, that collateral gap topped $1 billion. on Terminal now 🖥️
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I think OG bean people are tired of explaining beanstalk, but we really need to keep the explaining up
It's important for new people to get excited about the protocol, and we know the system absurdly well by now
This is our burden. Endlessly repeating ourselves = worthy burden
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Two Bean 🌱💵 retweeted
we are all Atlas
we shall bear our burdens together
and rise as one
AWOO, AWOO, AWOO!!!!!!
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Two Bean 🌱💵 retweeted
Beanstalk stablecoin relaunches four months after $182 million exploit
theblock.co/post/161915/be…
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Two Bean 🌱💵 retweeted
The credit-based stablecoin from @BeanstalkFarms has been “replanted” less than four months after a $182 million hack. decrypt.co/106882/beansta…
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Two Bean 🌱💵 retweeted
Two Bean 🌱💵 retweeted
Name your most ideal Stablecoin Wars panel:
- @samkazemian from @fraxfinance
- @joey__santoro from @feiprotocol
- ??? from ???
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I hope you all paid close attention to today’s Beanstalk DAO meeting! 😉
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