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Zoogeystix (¤, ¤)-

@Reimleikar can you give me a basic technical explanation of

why ust is not truly decentralized? Trying to provide info for a Terra maxi friend

#cryptocurrency #english #frax
0

4 ответов

12 просмотров
merx-Leikar

Terra is itself a pretty centralized DPoS Cosmos chain to begin with where basically just 100 nodes with the highest delegation matter, managed by a for-profit and a cartel of ecommerce companies in SK as I understand. LUNA and UST seem pretty ponzinomic like IRON, which has broken peg in the past just like the other simple seniorage stables.

0
30.12.2021
merx-Leikar
TOP SIGNAL (Join my TG group for frens!) :D
Think we will see CEX and DEX accepting FRAX pairi...

many CEX have a preference to support USDT or their own stable like BUSD so not likely on those. Many DEX let you create your own pairs like Curve so there is a lot less resistance there

0
30.12.2021

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