Should I swap my USDC to TLOS now and just

Question

Telos Community

Fycee KOY Network | Web 3 Influencer - PH

Should I swap my USDC to TLOS now and just

suffer a $100 loss instead of fully getting my USDC worthless?

#blockchain #cryptocurrency #english #telos

0

30.05.2023

7 ответов

35 просмотров

Fycee KOY Network | Web 3 Influencer - PH Автор вопроса

Jo Ven
Honestly, I'm also waiting for an answer, I always...

Telos has nothing to do with what's happening on multichain. Telos has always been reliable with farming and DeFi. We, the ambassadors always do the update of all DeFi projects from time to time to the TF.

0

30.05.2023

Rozza | VelaryonBlock | Telos | Swapsicle

There is no right answer, its a tough call… you just have to judge how you see the risk against what you are willing to accept

0

30.05.2023

Justin | infinitybloc | Telos Foundation

This is a great question Fycee. Unfortunately no one can answer this question for you. It comes down to personal risk tolerance and belief in the multichain team. I personally believe the team itself appear well intentioned but are in a bind outside of their control. If/when allowed to fix things I belive they will. The time frame.. I don't know.

0

30.05.2023

Jo Ven

Fycee KOY Network | Web 3 Influencer - PH
Telos has nothing to do with what's happening on ...

But imagine having USDC and having to see it fall daily due to being in Telos, in the end that affects even if it is due to improbable or third-party problems. In the same way, as an affected person I hope that everything goes well but it is not something that can be known and that does not let us rest and worries.

0

30.05.2023

Douglas Horn - GoodBlock, Telos, dStor, Decide Voter, Antelope

No one here knows this. You will have to make the best decision you can with limited information. Multichain pegged USDC could go to zero or back to $1 over a short or long timeframe. We simply can't be sure. On the one hand, the official USDC on Ethereum is supposedly locked up and available once the router is fixed. So some brave souls may be buying up USDC on tEVM now for a 35% gain when it establishes peg again. On the other hand, communications from multichain have been sparse, conflicting & confusing. Surely is doesn't take a week to update a router if everything is going well at the company. The CEO is incommunicado and rumored to be arrested. This pattern of behavior is spookily reminiscent of AC3, FTX, etc from last year. None of us know what to do and most options seem bad. It's frustrating and sad for everyone.

0

30.05.2023

Fycee KOY Network | Web 3 Influencer - PH Автор вопроса

Douglas Horn - GoodBlock, Telos, dStor, Decide Voter, Antelope
No one here knows this. You will have to make the ...

🙏🙏🙏

0

31.05.2023

Jo Ven · Accepted Answer

Jo Ven

Honestly, I'm also waiting for an answer, I always thought it was safe to have USDC in telos, but I was wrong.

0

30.05.2023

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Should I swap my USDC to TLOS now and just

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