Do Kwon 🌕

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Do Kwon 🌕

Do Kwon 🌕

@stablekwon

#Luna 🌕

Singapore Katılım Ağustos 2011
1.1K Takip Edilen862K Takipçiler
Chris
Chris@Chris_CDC·
What @Stablekwon tried to create was on its way to becoming a reality, but bad actors associated with fiat brought $LUNA down, @SBF_FTX using other people's funds. Do really had everyone's best interests at heart, and the OG's know this. I'll be backing him again. $ust #LUNC
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4lex
4lex@_4lex_4·
Agree w/ 1 caveat: LUNA’s capital controls were always designed to tax panic-sellers to benefit high conviction staker-holders, and compensate stakers for the crash risk they took on. The LUNA community has no claim on the LUNC oracle rewards pool-it worked exactly as designed
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_gabrielShapir0
_gabrielShapir0@lex_node·
if you make your blockchain into a bundle of contracts with "constitutions" etc., govts/courts/law enforcement will treat them accordingly--immutability is not legal cryptosystems are best treated as people opting out of a rights/duties regime into a powers/incentives regime
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Do Kwon 🌕
Do Kwon 🌕@stablekwon·
Cosmos chain core teams interested in Station integration pls send DM
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Chad Barraford
Chad Barraford@CBarraford·
@stablekwon @ZeMariaMacedo thats true, but its hard to imagine a hedge fund with that much money getting themselves into a huge hole pre-terra depeg. You could throw a dart at a wall of assets and make money.
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José Maria Macedo
José Maria Macedo@ZeMariaMacedo·
Genesis, a lending firm, “bought” $1b of UST from LFG in April. This UST was sold into the Curve pool during the early morning hours on Sunday (May 8th), initiating the depeg The answer to who attacked UST will be found on the Genesis lending book nytimes.com/2022/12/07/bus…
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Cosmos Labs
Cosmos Labs@cosmoslabs_io·
🎉 Announcing: Skip is now live on Terra2! Fun fact! Skip was founded at a Terra hackerhouse in May. This is not the *same* Terra, but we're thrilled to come full circle and bring Skip to the Terra2 validators and community 🚀 How to get started 👇
Cosmos Labs tweet media
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Do Kwon 🌕
Do Kwon 🌕@stablekwon·
@Alekso962243961 @EvgenyGaevoy You’re right - i believed in my creation and donated billions of my own money to lfg to make it stronger in line with that confidence I was wrong, but that doesnt make me a scammer
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Do Kwon 🌕
Do Kwon 🌕@stablekwon·
@BoringSleuth @etherscan All btc buy clips for lfg was 125M increments in the beginning And etherscan i dont even look at, all buys were through otc desks In case this is news, there is also no evidence confirming existence of flying spaghetti monsters
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Tyler Reed - TruthLabs 🫡
Tyler Reed - TruthLabs 🫡@BoringSleuth·
On March 25th, @stablekwon was sent the following message on @etherscan: "Stop with the psyops and market buy $125M right now you lil shits". 13 minutes later, DK bought the $125M.😆 - March 25th was during the time of the Ronin Hack, and 45 days PRIOR to $UST de-pegging. 2/3
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Zhu Su
Zhu Su@zhusu·
There's this notion that "Luna would've failed anyway, if Alameda/FTX + affiliated parties used their clients' assets and positions to orchestrate an elaborate attack on it then who cares" in some pockets This actually gets to a basic white hat vs black hat argument
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Do Kwon 🌕
Do Kwon 🌕@stablekwon·
@adamscochran @gabrielhaines @cewh1te @UnterseeS I think with UST, it presumed sources of stability (sticky demand, etc) within crypto that just isnt around yet Out of the current solutions out there i think Frax has taken the most sane tradeoffs between scalability and collateral - curveUsd is interesting
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Do Kwon 🌕
Do Kwon 🌕@stablekwon·
@adamscochran @gabrielhaines @cewh1te @UnterseeS I think there are important lessons to take away! For example, if naked shorts were possible in excess of client deposits (or selling on behalf without permission), thats probably something users should demand safeguards from in the future
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Do Kwon 🌕
Do Kwon 🌕@stablekwon·
@gabrielhaines @cewh1te @UnterseeS We all collectively paid a heavy price over the last year, and i think making sure we take away the right lessons is important - this is the only way to make the future better rather than hamfisted responses that don’t really fix anything
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Do Kwon 🌕
Do Kwon 🌕@stablekwon·
@gabrielhaines @cewh1te @UnterseeS I want to point out this isn’t a blame game - ultimately ust was not robust enough to stand up to attack, but getting to truth is important so the community can *learn and internalize the knowledge*
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