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TheImmutable@TheImmutable·19 Haz

@Darky999 100% Agreed. See the in-depth explanation how this is possible. twitter.com/TheImmutable/s…

$USDD is a magnificent illusion and you're likely right where @justinsuntron wants you...shorting $TRX expecting a depeg similar to the UST/LUNA implosion. Time to explain the magic tricks and explain why this is unlikely (or impossible) to occur. 🧵...

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Dr. Chris Dark@Darky999·18 Haz

$USDD has pretty much broken its peg, it’s at 0.96 Whilst it’s not identical to UST, and it’s way way way smaller so easier potentially to “protect”; I would not be surprised to see this “algo stable” get rekt This cycle has to humble J Sun at some point - surely…

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@degenlifer @justinsuntron twitter.com/TheImmutable/s…

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TheImmutable@TheImmutable·18 Haz

$USDD is a magnificent illusion and you're likely right where @justinsuntron wants you...shorting $TRX expecting a depeg similar to the UST/LUNA implosion. Time to explain the magic tricks and explain why this is unlikely (or impossible) to occur. 🧵...

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@beincrypto twitter.com/TheImmutable/s…

Dapp Centre@degenlifer·14 Haz

Is this fucking forreal @justinsuntron 👀 😳 #TRON #TRX #USDD #luna

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TheImmutable@TheImmutable·18 Haz

$USDD is a magnificent illusion and you're likely right where @justinsuntron wants you...shorting $TRX expecting a depeg similar to the UST/LUNA implosion. Time to explain the magic tricks and explain why this is unlikely (or impossible) to occur. 🧵...

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BeInCrypto@beincrypto·17 Haz

👀 The #TRON DAO Reserve has withdrawn another 3 billion TRX to protect the peg of its $USDD #stablecoin. It previously withdrew $2 billion and also used $100 million #USDC to purchase $TRX. What will happen next? 💭 Read more ⬇️ beincrypto.com/tron-dao-to-wi…

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@BitMartExchange @usddio twitter.com/TheImmutable/s…

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TheImmutable@TheImmutable·18 Haz

$USDD is a magnificent illusion and you're likely right where @justinsuntron wants you...shorting $TRX expecting a depeg similar to the UST/LUNA implosion. Time to explain the magic tricks and explain why this is unlikely (or impossible) to occur. 🧵...

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@DeleDubaz twitter.com/TheImmutable/s…

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BitMart@BitMartExchange·18 Haz

🤩#BitMart is thrilled to announce the listing of Decentralized USD (USDD) @usddio . The following trading pair will be available: USDD/USDT, USDD/USDC 💎Deposit feature: 6/18/2022 10AM (EDT) 💎Trade feature: 6/20/2022 10AM (EDT) 👉See details: support.bitmart.com/hc/en-us/artic…

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TheImmutable@TheImmutable·18 Haz

$USDD is a magnificent illusion and you're likely right where @justinsuntron wants you...shorting $TRX expecting a depeg similar to the UST/LUNA implosion. Time to explain the magic tricks and explain why this is unlikely (or impossible) to occur. 🧵...

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Dubaz 🪽@DeleDubaz·18 Haz

Does TRX and Usdd work in the same way as Luna and UST ? Please I just want to check something

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TheImmutable@TheImmutable·16 Haz

@thedefiedge Justin sun always finds a way to slither in the grass twitter.com/TheImmutable/s…

$USDD is a magnificent illusion and you're likely right where @justinsuntron wants you...shorting $TRX expecting a depeg similar to the UST/LUNA implosion. Time to explain the magic tricks and explain why this is unlikely (or impossible) to occur. 🧵...

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Edgy - The DeFi Edge 🗡️@thedefiedge·15 Haz

Crypto feels like Game of Thrones right now. There's war among the 7 kingdoms: Binance, a16z, Alameda, Jump, Justin Sun, 3AC, Coinbase, etc. The Many-Faced God is the Fed, and he demands sacrifices. And we're the villagers/knights that go to war and are getting killed.

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TheImmutable@TheImmutable·16 Haz

@ShitTalksFC @Livercoin I've been busy doing my homework

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Pixelaris@0xPixelaris·15 Haz

@Livercoin Wait this dude did not post since 2020 and came with this lol. Who is he?

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Livercoin@Livercoin·15 Haz

Really insightful thread on $USDD, $TRX and Justin’s shenanigans

$USDD is a magnificent illusion and you're likely right where @justinsuntron wants you...shorting $TRX expecting a depeg similar to the UST/LUNA implosion. Time to explain the magic tricks and explain why this is unlikely (or impossible) to occur. 🧵...

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TheImmutable@TheImmutable·15 Haz

@p0stc4p0n3 @TRXSquad @VasilMinkov02 @chroniclycrypto @0xLoopring @bootyhexagon @justinsuntron @dogecoin @elonmusk Fair enough

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Post Capone@p0stc4p0n3·15 Haz

@TRXSquad @TheImmutable @VasilMinkov02 @chroniclycrypto @0xLoopring @bootyhexagon @justinsuntron @dogecoin @elonmusk A Luna style collapse might be less plausible A UST style collapse is very much still in play

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H.E. Justin Sun 👨‍🚀 🌞@justinsuntron·9 Haz

Just found out #TRX is almost same price, same supply and same market cap with @dogecoin. I guess $TRX is a meme coin! 👀 @elonmusk

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TheImmutable@TheImmutable·15 Haz

@p0stc4p0n3 @VasilMinkov02 @chroniclycrypto @0xLoopring @bootyhexagon @TRXSquad @justinsuntron @dogecoin @elonmusk I never stated its "more likely to be defended"...actually quite the contrary. Justin is letting it unpeg for the time being. My point is that a UST-style collapse is not possible.

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Post Capone@p0stc4p0n3·15 Haz

@TheImmutable @VasilMinkov02 @chroniclycrypto @0xLoopring @bootyhexagon @TRXSquad @justinsuntron @dogecoin @elonmusk An arb that's open to the public means the public can defend the peg An arb that only exists for insiders means it's only defended if insiders will it so I don't get how "insider only ARB" translates to "more likely to defend"

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TheImmutable@TheImmutable·15 Haz

@TRXSquad @p0stc4p0n3 @chroniclycrypto @0xLoopring @bootyhexagon @justinsuntron @dogecoin @elonmusk Yup, its all there in the whitepaper...except that there is no real TRX "burn" and there is no known USDD burn mechanism. Pretty big things to leave out.

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TronSquad🍌@TRXSquad·15 Haz

@p0stc4p0n3 @TheImmutable @chroniclycrypto @0xLoopring @bootyhexagon @justinsuntron @dogecoin @elonmusk I strongly engourage you to read the whitepaper.

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TheImmutable@TheImmutable·15 Haz

@resdegen We both came to the same conclusion separately...funny how the truth emerges. Apologies for the accusations. Would love to keep the convo going on future investigations.

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Res@resdegen·15 Haz

@TheImmutable 13th of June

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Res@resdegen·15 Haz

1/ Given the market situation & extreme fear, you might be tempted to short $TRX due to the $USDD depeg at $0.96-0.97 DON'T DO IT Pls understand the math first 👇🚨

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TheImmutable@TheImmutable·15 Haz

@resdegen Appreciated. Keep up the good work.

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Res@resdegen·15 Haz

@TheImmutable there you go mate, really I've always given credit, wouldn't do that! twitter.com/resdegen/statu…

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19/ @TheImmutable has a great take here he reached this conclusion even before I did have a look cuz he adds some extra points to the ones I make twitter.com/TheImmutable/s…

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TheImmutable@TheImmutable·15 Haz

@resdegen I know you're on top of it so all good so long as you spread the word.

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Res@resdegen·15 Haz

@TheImmutable mate I hadn't read your thread surprised talk about kinda the same would be so obvious if I had done that I'm perfectly cool with sharing your work, it's really good

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TheImmutable@TheImmutable·15 Haz

@resdegen Just offer up the credit. I'm happy info is spreading just not without attribution...

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Res@resdegen·15 Haz

@TheImmutable sorry?

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TheImmutable@TheImmutable·15 Haz

@resdegen The problem is in how you communicate. Taking others' work and repurposing it as your own without attribution.

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Res@resdegen·15 Haz

2/ I don't precisely like their tactics, you know that. The problem is always how they convey information Currently: - $USDD is +158% collateralized by $USDC & $USDT - Adding $BTC @ $20k, Collat. Ratio increases to 197% (it doesn't rly matter given the stablecoin collateral)

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TheImmutable@TheImmutable·15 Haz

@VasilMinkov02 @TerryPo74 @justinsuntron I run a fund so can't give away all the secret sauce but will make more of an attempt to share on Twitter.

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Vasil Minkov@VasilMinkov02·15 Haz

@TheImmutable @TerryPo74 @justinsuntron Where can I follow you or pay you (like newsletters) so I can get your information weekly/month like this?

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TheImmutable@TheImmutable·15 Haz

$USDD is a magnificent illusion and you're likely right where @justinsuntron wants you...shorting $TRX expecting a depeg similar to the UST/LUNA implosion. Time to explain the magic tricks and explain why this is unlikely (or impossible) to occur. 🧵...

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TheImmutable@TheImmutable·15 Haz

@1GoblinRich @justinsuntron He's a master of his craft. Far better than I gave him credit for.

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