/biz/ - Business & Finance

>>54483396
>>54482723
>>54482548
>>54481749

>>54061592

>>53927066
>VgmIfEwI
>WGMI FEWL
>WGMI you Fool
Yeah I'm thinking Nova's based.

>>53551540

>>53438438
>all the proposals make me think repeg can never happen which makes sense.
nah, it's doable... but it requires re-assembling the whole puzzle from all its pieces.

>can't just create value out of nowhere that will sustain people being paid out $1 for every USTC that they have.
that's true, the main problem is the $10 billion of debt attached to USTC. the secondary issue is redesigning the algostable into something far more resilient than the current version which led to the crash. the tertiary one is actually defending the peg.

>what would make you pay someone $1 for each of their USTC?
there's no way to force this, and using LUNC as a liquidity pig to bail out USTC is out of the question. a repeg plan has to benefit both LUNC and USTC holders. whoever manages to solve this will propel LUNC to the moon because once USTC repegs we get the swaps back that'll burn through LUNC's supply in just a couple of weeks.

>none of the brainlets coming up repeg plans have even been close to something that makes sense
that's because they've all been looking at small portions of the overall puzzle.

a master plan is in the works... two more weeks :)