/biz/ - Business & Finance

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USD+, A WELL KNOWN STABLE COIN, RUGGED Anonymous Tue Jul 25 23:42:26 2023 No.55663946 [Reply] [Original]

USD+ JUST WENT FROM 1 DOLLAR TO 0.017 TODAY, ALREADY 5 PEOPLE KILLED THEMSELVES ON TELEGRAM

>>	Anonymous Tue Jul 25 23:44:10 2023 No.55663953 >>55663946 >WELL KNOWN literally who?

>>	Anonymous Tue Jul 25 23:55:43 2023 No.55664050 File: 7 KB, 214x128, 20230716_001929.jpg [View same] [iqdb] [saucenao] [google] >>55663946 >well known

>>	Anonymous Tue Jul 25 23:56:07 2023 No.55664055 What happened?

>>	Anonymous Tue Jul 25 23:56:40 2023 No.55664059 File: 7 KB, 533x497, IMG_3007.png [View same] [iqdb] [saucenao] [google] >>55663946 >5 PEOPLE KILLED THEMSELVES ON TELEGRAM Post vid, I need a good fap

>>	Anonymous Tue Jul 25 23:57:35 2023 No.55664068 >>55663946 Tip of the iceberg.

>>	Anonymous Tue Jul 25 23:58:53 2023 No.55664076 >>55663946 why the fuck would you ever invest in a shit coin stable coin? like what the fuck there is no upside and the downside is losing it all. literally don't understand, r.i.p. but it's good to trim the gene pool every once in a while

>>	Anonymous Wed Jul 26 00:12:43 2023 No.55664172 >>55663946 Sauce? Need to check that video for the lulz

>>	Anonymous Wed Jul 26 00:18:22 2023 No.55664212 >>55664076 I have no clue what "usd+" is but I'm guessing there was some APY to it like 20% or higher.

>>	Anonymous Wed Jul 26 00:25:49 2023 No.55664275 File: 113 KB, 672x1280, IMG_3352.jpg [View same] [iqdb] [saucenao] [google] >>55664212 Kek

>>	Anonymous Wed Jul 26 00:27:44 2023 No.55664288 File: 5 KB, 140x185, 1658798655758642.gif [View same] [iqdb] [saucenao] [google] >>55664275 how do people keep falling for these insane APY scams

>>	Anonymous Wed Jul 26 00:28:54 2023 No.55664296 >>55664275 >Low risk/return top zozzle nozzle

>>	Anonymous Wed Jul 26 04:03:15 2023 No.55665559 huh?

>>	Anonymous Wed Jul 26 04:31:11 2023 No.55665667 File: 134 KB, 844x1049, file.png [View same] [iqdb] [saucenao] [google] looks like it hasnt hit 0 yet tho

>>	Anonymous Wed Jul 26 04:40:05 2023 No.55665702 looks like it briefly depegged down to 70 cents or something and now they're allowing users to withdraw funds while it's pegged at a dollar.

>>	Anonymous Wed Jul 26 10:14:42 2023 No.55667079 >>55663946 >well known

>>	Anonymous Wed Jul 26 10:15:59 2023 No.55667086 >>55663946 >USD+, A WELL KNOWN STABLE COIN literally first time hearing of this one lmao

>>	Anonymous Wed Jul 26 10:21:59 2023 No.55667115 >>55664275 >overnight product >rugs overnight

>>	Anonymous Wed Jul 26 10:41:38 2023 No.55667208 >>55667115 >faggot thread >OP is a fag pottery

>>	Anonymous Wed Jul 26 10:46:49 2023 No.55667226 >>55663946 Based. We need to purge baggies hodling from the last cycle so we can begin again anew. Keep the rugs flowing. Make crypto scarce again.

>>	Anonymous Wed Jul 26 10:47:44 2023 No.55667235 >>55663946 usd+ ? heard for the first time

>>	Anonymous Wed Jul 26 11:22:27 2023 No.55667421 >Telejeets

>>	Anonymous Wed Jul 26 11:29:05 2023 No.55667454 File: 209 KB, 681x434, IMG_5251.jpg [View same] [iqdb] [saucenao] [google] >>55663946

>>	Anonymous Wed Jul 26 11:30:04 2023 No.55667458 >>55663946 USD+ who??? >5 PEOPLE KILLED THEMSELVES ON TELEGRAM keks

>>	Anonymous Wed Jul 26 11:57:13 2023 No.55667604 huh?

>>	Anonymous Wed Jul 26 12:14:49 2023 No.55667701 >>55663946 >ALREADY 5 PEOPLE KILLED THEMSELVES ON TELEGRAM Over a stablecoin?

>>	Anonymous Wed Jul 26 12:31:09 2023 No.55667804 another village condemned to poverty

>>	Anonymous Wed Jul 26 12:43:07 2023 No.55667883 >>55664212 how to not end like this? Why do these coins rug? what happens to them?

>>	Anonymous Wed Jul 26 12:53:04 2023 No.55667947 >>55667226 >begin again Dead money nostalgia. Thanks for the good feels.

>>	Anonymous Wed Jul 26 13:17:38 2023 No.55668102 File: 29 KB, 471x176, usd+.png [View same] [iqdb] [saucenao] [google] >>55665667 Its a rebase stable coin, it can rebase to keep 100% the peg, just means that user funds get reduced.

>>	Anonymous Wed Jul 26 13:21:52 2023 No.55668126 >>55668102 wow

>>	Anonymous Wed Jul 26 14:08:42 2023 No.55668475 why do people do this to themselves

>>	Anonymous Wed Jul 26 14:09:34 2023 No.55668482 >>55663946 >stablecoin people still believe this shit?

>>	Anonymous Wed Jul 26 16:51:17 2023 No.55669906 huh?

>>	Anonymous Wed Jul 26 17:02:15 2023 No.55669996 File: 47 KB, 507x531, 1644851478797.jpg [View same] [iqdb] [saucenao] [google] >>55663946 >USD+, AN UNKNOWN SHIT COIN, RUGGED

Anonymous Wed Jul 26 17:16:16 2023 No.55670131

>>55664275
>>55664288
USDC deposited on AAVE or some other service. That's where the APY comes from. Nothing insane about that. The problem is the counter-party risk of adding two more layers of abstraction, overnight.fi and the lending platform, on top of your stablecoin for little gain.

>>	Anonymous Wed Jul 26 17:17:47 2023 No.55670152 File: 57 KB, 1040x508, usdplusplus.png [View same] [iqdb] [saucenao] [google] Its back to normal too.

>>	Anonymous Wed Jul 26 17:18:49 2023 No.55670166 /biz/ is wrong, as predicted.

>>	Anonymous Wed Jul 26 18:13:30 2023 No.55670772 >>55663946 USD+ is sound you take your USDC and mint USD+ the USDC will be put into yield farms automatically you get the profit through a rebase only thing that could happen is some yield farmes rug

>>	Anonymous Wed Jul 26 19:19:41 2023 No.55671620 File: 334 KB, 1080x723, un-fud-able.jpg [View same] [iqdb] [saucenao] [google] >>55663946 Bullish for RSR

>>	Anonymous Wed Jul 26 19:21:56 2023 No.55671651 >>55664275 >overnight wtf kek

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