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/biz/ - Business & Finance


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55663946 No.55663946 [Reply] [Original]

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

>> No.55663953

>>55663946
>WELL KNOWN
literally who?

>> No.55664050
File: 7 KB, 214x128, 20230716_001929.jpg [View same] [iqdb] [saucenao] [google]
55664050

>>55663946
>well known

>> No.55664055

What happened?

>> No.55664059
File: 7 KB, 533x497, IMG_3007.png [View same] [iqdb] [saucenao] [google]
55664059

>>55663946
>5 PEOPLE KILLED THEMSELVES ON TELEGRAM
Post vid, I need a good fap

>> No.55664068

>>55663946
Tip of the iceberg.

>> 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

>> No.55664172

>>55663946
Sauce? Need to check that video for the lulz

>> No.55664212

>>55664076
I have no clue what "usd+" is but I'm guessing there was some APY to it like 20% or higher.

>> No.55664275
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55664275

>>55664212
Kek

>> No.55664288
File: 5 KB, 140x185, 1658798655758642.gif [View same] [iqdb] [saucenao] [google]
55664288

>>55664275
how do people keep falling for these insane APY scams

>> No.55664296

>>55664275
>Low risk/return
top zozzle nozzle

>> No.55665559

huh?

>> No.55665667
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55665667

looks like it hasnt hit 0 yet tho

>> 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.

>> No.55667079

>>55663946
>well known

>> No.55667086

>>55663946
>USD+, A WELL KNOWN STABLE COIN

literally first time hearing of this one lmao

>> No.55667115

>>55664275
>overnight product
>rugs overnight

>> No.55667208

>>55667115
>faggot thread
>OP is a fag
pottery

>> 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.

>> No.55667235

>>55663946
usd+ ? heard for the first time

>> No.55667421

>Telejeets

>> No.55667454
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55667454

>>55663946

>> No.55667458

>>55663946
USD+
who???

>5 PEOPLE KILLED THEMSELVES ON TELEGRAM
keks

>> No.55667604

huh?

>> No.55667701

>>55663946
>ALREADY 5 PEOPLE KILLED THEMSELVES ON TELEGRAM
Over a stablecoin?

>> No.55667804

another village condemned to poverty

>> No.55667883

>>55664212
how to not end like this?
Why do these coins rug? what happens to them?

>> No.55667947

>>55667226
>begin again
Dead money nostalgia. Thanks for the good feels.

>> No.55668102
File: 29 KB, 471x176, usd+.png [View same] [iqdb] [saucenao] [google]
55668102

>>55665667

Its a rebase stable coin, it can rebase to keep 100% the peg, just means that user funds get reduced.

>> No.55668126

>>55668102
wow

>> No.55668475

why do people do this to themselves

>> No.55668482

>>55663946

>stablecoin

people still believe this shit?

>> No.55669906

huh?

>> No.55669996
File: 47 KB, 507x531, 1644851478797.jpg [View same] [iqdb] [saucenao] [google]
55669996

>>55663946
>USD+, AN UNKNOWN SHIT COIN, RUGGED

>> 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.

>> No.55670152
File: 57 KB, 1040x508, usdplusplus.png [View same] [iqdb] [saucenao] [google]
55670152

Its back to normal too.

>> No.55670166

/biz/ is wrong, as predicted.

>> 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

>> No.55671620
File: 334 KB, 1080x723, un-fud-able.jpg [View same] [iqdb] [saucenao] [google]
55671620

>>55663946
Bullish for RSR

>> No.55671651

>>55664275
>overnight
wtf kek