$RSR : The "Suicide Squad" of Stablecoins, the Reckless Gamble Behind 40% Annualized Returns!
Core Mechanism Explanation
Dual-Currency System:
RSV (Stablecoin): 1:1 pegged to the US dollar, supported by various collateral (such as BTC, ETH);
RSR (Token): Acts as a "human punching bag" for RSV; if the collateral collapses (for example, if an asset goes to zero), RSR is immediately minted to fill the gap—holders become bag holders!
Anti-Censorship Gimmick:
Claims to be decentralized like BTC → In reality, 30% of the collateral is USDT/USDC (which can also be frozen by the government!).
Bleak Reality
Mainnet Delays:
Testnet has been running for 2 years, mainnet has been indefinitely postponed (the countdown on the official website has been removed 3 times) → Doubts about the development team's capabilities!
Collateral Trap:
The collateral pool includes high-risk stablecoins like TUSD, FRAX (which have all de-pegged in 2023), a collapse means total loss!
Operational Jargon Guide
Short-Lived Strategies:
Stake 500 for a small bet, earn 40% annualized → Withdraw immediately when interest reaches 600 (120% of principal) and run away!
Self-Destruction Package:
Heavy investment on mainnet launch (already delayed 3 times);
Bottom fishing in the "market rescue" trend (RSR fell 90% after just one black swan event);
Trust in "anti-censorship" long-term coin holding (the US SEC is already watching the stablecoin sector).
Summary: RSR is the "human bulletproof vest" of stablecoins—when the bullets come, you take the hit, and the house counts the money in the backyard!
Better to enjoy together than alone, you reach out, and I can pull you ashore!!
SUI TURMP BONK PEPE OM SOL PNUT
