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File: 5 KB, 242x208, BestStableCoin.png [View same] [iqdb] [saucenao] [google]
56317372 No.56317372 [Reply] [Original]

>Is the best stablecoin in your path

>> No.56317433

>>56317372
>best stablecoin
What's its comparative advantage over dai?

>> No.56317498

>>56317433
it's not backed by USDC or any other centralized stablecoin, 100% ethereum which means it's 100% decentralized.

And since it launched it has been quite stable.

>> No.56317510

>>56317433
Dai uses MakerDAO to defend against depegs. triggering a potential Terra Luna disaster

Lusd doesn't use LQTY as a defense mechanism, instead it uses the ETH thats put as a collateral in the troves to defend it. defacto making it so that in order to destroy the LUSD peg, you would need more than 110% of all LUSD available, which would be impossible, and that's assuming all troves are 0% away from being liquidated.

also the platform offers 1-time payments for 0% interest loans, which is revolutionary in the finance world

also its totally immutable, there's no DAO or company, its just been deployed on ETH and will stay like this forever

also it only uses ETH, and is only on ETH. so no "OOPS one of our collateral tokens turns out to have been hacked haha bye money" memes.

Its absolutely unsueable and indestructible

>> No.56317545

>>56317498
>>56317510
>Reddit spacing
You have to go back.

>> No.56317573
File: 30 KB, 512x512, clankpepe.jpg [View same] [iqdb] [saucenao] [google]
56317573

>>56317545
I'm a lurker here for years
>bought LINK at 50 cents
>have insulted numerous AVAX pajeets

i bet you hold ROSE

>> No.56317598
File: 60 KB, 1000x800, 1687170926630.jpg [View same] [iqdb] [saucenao] [google]
56317598

>>56317573
>>have insulted numerous AVAX pajeets
You are very welcome to stay fren.

>> No.56317654

>>56317598
https://docs.google.com/document/d/1PBcKVy1EzAMPBgbp902c_PZaJ4-OdAjV_pUpsBSI8Nw/edit

ill share you my research doc on LQTY and LUSD fren

>> No.56317663

>>56317654
>Reddit spacing
You have to go back.

>> No.56317747
File: 26 KB, 512x512, sadfren.jpg [View same] [iqdb] [saucenao] [google]
56317747

>>56317663

>> No.56318320

>>56317654
Research anon, I read your docs and bought a small bag of LQTY the other day ago, then made a thread (the only one in the catalog at the time) simply stating "buy" because it's obvious LQTY is gaining momentum and will pop soon. Got an instant generic "ur a pajeet feed ur village hurr durr" reply than the thread instantly 404'd.
Some janny probably read your docs and is accumulating while fudding/censoring threads

>> No.56318354

>>56317654
Also thank you for sharing your in-depth research. The retards on this board don't deserve it.

>> No.56318406

The best stablecoin is btc.