/biz/ - Business & Finance

>>49434253
What the hell happened

>>49434253
What the fuck, is this real?

>>49434253
what does this mean? a friend of mine has big bags of rose. i told that retard to get rid of them but he opted to stake instead.

>>49434253
It's not. It's oasis you monkey. It's not even a top 100 shitcoin, it barely has liquidity.

>>49434351
Its a twitter screencap, retard

damn glad i sold my 20k stack yesterday

>>49434351
It's over bro. Stables are not so stable anymore.

Meanwhile rose token no reaction kek
It's like that Cobie tweet, 'I shorted as soon as I learned of a multi millions exploit but I lost because the market didn't react to the exploit until weeks later'

>>49434253
so what you're saying is that I can buy a dollar on oasis for 50 cent?

Sign me up!

>>49434253
>wu blockchain

>>49434468
Yes but be careful, people tried that with UST too

>>49434253
I'm gonna slurp so hard.

>>49434522
yeah anons on here were all "this will be the easiest money I ever made in my life! Do Kwon has got us covered" Never saw a 60 billion ponzi scheme collapse in a day before. That was some shit.

>>49434253
Looks like LunaC back on the menu.

>>49434955
That is the exact amount of the Bernie Madoff ponzi by coinkeedink.

>>49434253
if USDC depegs I am actually, unequivocally, unironically fucked lmao

Is this why we not poompin

No one is falling for Tether fud in 2021. Please go (leave)

>>49434253
>on oasis
who actually uses this chain?

>>49434253
Is Oasis one of those things that won't use LINK?

>>49434253
How fucking hard is it to create a coin whose purpose is to literally just = $1 USD?

>>49434955
Marketcap does not equal available liquidity/demand. The implosion did not cost 60b, in reality it is much smaller

>>49438665
2021 was two years ago retard

>>49434522
Theoretically safe if you can bridge from oasis to Ethereum since they are actual cash/cash "equivalent" backed stables

>>49434253
what this means is that someone found a way to duplicate tokens out of thin air on oasis brainlets, they chose stablecoins for liquidity

short ROSE if you're brave, but remember>>49434428

>>49439724
they will close the bridges soon no doubt, not safe at all

>>49434253
Wtf why is rose .35 on vs

Isnt this a fault of Oasis and not the stable coins?

>>49434253
WHERE DO I BUY USDT ON THAT SHIT CHAIN????

>>49439991
It's the fault of EvoDefi. Nothing to do with Oasis other than the bridge was built on their chain.Oasis themselves have tweeted for months telling dumbasses not to use non open-source dogshit like this.

>>49440096

https://twitter.com/OasisProtocol/status/1520407690475884544

https://www.binance.com/en/news/top/7103488

Motherfuckers were TOLD.

Roses stay cosy.

>>49440166
based.
love my rosies

USDC TOO?!

WHAT THE FUCK IS GOING ON?

>>49438704
This. It depegged on some shitty literal who the fuck chain. Who cares

>>49440096
>fault
EvoDefi deployed a bridge that they could drain with an admin key and then drained it. The USDT minted via that bridge on Emerald are trading at 35c, but in fact are now worth less than LUNA (Wormhole USDT, Celer assets are okay).

>>49434253
It was a glitch, nothing depegged.

>>49438704
>>49440776
these

>>49434253
it's just the evodefi bridge creating an underfunded usdt contract on oasis and not letting people bridge out. it has nothing to do with usdt itself.

>>49434428
It wasn't him who shorted, but he did find someone that got rekt shorting axie after the massive hack. Because, daily reminder, nobody actually uses crypto or blockchains, they just hope number goes up

>>49434522
>buy usdt on oasis
>send to binance
>sell for 2x

>>49434253
>on oasis
Nothingburger

>>49434412
>>49434428
Shouldn’t have any major reaction.. I believe the Luna collapse was because the Luna price was somehow pegged to ust… rose price is not pegged to anything

>it's fucking starting
>finally my life can start
>I will be right about crypto after all these years
>I'm finally getting vindicated, after the humiliation
>we are going back to trust, banks and fiat
>...what do you mean oasis?

>WHAT DO YOU MEAN "CHECK CURVE" ?

>>49441498
this. ValleySwap got VS/Rose farming listed on Beefy for like a day. someone audited the bridge's assets and there was a ton missing. VS vaults got delisted from Beefy, run on bank ensued, and ValleySwap's fucked. Bridge claims the missing funds "are in a cold wallet" kek. Bridge halted withdrawals today and VS token absolutely tanked again

>>49446062
Sounds like they need a CCIP token bridge secured with staked link.