Gurka on Nostr: People comparing $USDC to $UST - $UST was an algorithmic stable only regulated by the ...
People comparing $USDC to $UST
- $UST was an algorithmic stable only regulated by the emission/burning of $LUNA.
- $USDC is a stable backed with liquid or financial USD.
- $DAI is overcollateralized by different altcoins, among them $USDC among them, therefore affected
NOT defending any stable
Published at
2023-03-11 12:07:49Event JSON
{
"id": "3e20b4b62b804efaba9856a3fc51e56921b33cd971b43e5e549c56408c2edc00",
"pubkey": "a3fb0d67b3cb3a5652bf62ad26ac818a7958bc1d412599c2865dcf526641ab4a",
"created_at": 1678536469,
"kind": 1,
"tags": [],
"content": "People comparing $USDC to $UST\n\n- $UST was an algorithmic stable only regulated by the emission/burning of $LUNA.\n- $USDC is a stable backed with liquid or financial USD.\n- $DAI is overcollateralized by different altcoins, among them $USDC among them, therefore affected\n\nNOT defending any stable",
"sig": "a904759a022dadc69e674e1568c5b74f8e31a0eb7da113e608cf06a20425bdb3a58c7f76c3896e073eff14aae7922729b0ae5772575b886319cdac0a3ce95567"
}