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DS-

Anyone here following the $TEMPLE drama? Care to eli5 the

rest of us? Sounding almost so good

#cryptocurrency #english #frax
0

7 ответов

11 просмотров
Westwood-

Whats up?

0
23.12.2021
DS- Автор вопроса
Westwood
Whats up?

Not sure exactly but I keep seeing people mention what a flaming mess it is. https://twitter.com/rektfoodfarmer/status/1473659511009275904?s=21

0
23.12.2021
Helm-

The team made a selling queue a key feature of introducing low volatility ohm-like rebase protocol with metaverse elements. Selling queue ordering determined by whoever went through their proof of metaverse work puzzles. Then they started panicking when early people start to queue and dump on later folks bc the project is trading at 6X intrinsic value. This was amplified by another self-inflicted wound: they tossed in a massive 300M LP to reduce volatility of trades. Now they realize people using their precious LP/treasury as exit liquidity. So they froze all trading. Discarding the queue. Rugging the LP. self preservation mode. People upset bc they played by all the rules, spent a ton of time on their cultish onboarding and puzzles.

0
23.12.2021
DS- Автор вопроса
Helm
The team made a selling queue a key feature of int...

This sounds pretty nasty actually.

0
23.12.2021
Josh-
Helm
The team made a selling queue a key feature of int...

That's concerning - I am glad my skepticism for DAOs was not unfounded

0
23.12.2021
keysplatz(🏰,🏰)-
Josh
That's concerning - I am glad my skepticism for DA...

Everyone is playing with game theory, defi, governance. Considering how much work they've put into this, I believe they will do their best to right their ship. Might end up being a failed experiment, but they won't fail without a fight. Keep your skepticism, but many team are setting good examples to follow, keep an eye out

0
23.12.2021
Josh-
keysplatz(🏰,🏰)
Everyone is playing with game theory, defi, govern...

We'll put! My skepticism is from my risk averse profile but I keep an eye out - I do think on principle DAOs are absolutely awesome. I'm just keeping my eyes peeled in the distance for now though, mostly following OHM/ROME activity

0
23.12.2021

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