Ed n' ₳da Profile picture
Investor, Truth seeker, Gamer, Guitar Player, Health nut, Crypto fan. #Cardano $ADA community member since 2018. (ADA Whale? 🐋🤔) Occasionally funny.
May 9, 2022 5 tweets 2 min read
1/ $LUNA isn't a cryptocurrency. It's just centralized banking 2.0 and @stablekwon is the bank CEO. We can and must do better as evidenced by how this ponzi scheme brought down the crypto market recently. We've had signs of this for awhile. 👇 2/ Then we have DJED, built for #Cardano. Djed will not mint, and you will not be able to burn Shen below 400% collateralisation. You will not be able to burn Djed, or mint Shen, above 800% collateralisation. If we get a de-pegging with that then there are bigger concerns.