chiton93

😰 The tycoon collected $PI before listing and the ending

I wonder if PI Can Tho is okay?

$PI reached ATH price of $2 then gradually dropped to $1

It's not strange that it was dumped like this after listing, the @PiCoreTeam community will soon push the price back

#Vote-PIOnBinanceYesOrNo #PiNetworkMainnet #TrendingTopic #BNBChainMeme

little money. a lot of meat. 😂😂😂😂

Usual's USD0++ Loses 7% Peg: What's Happening?

Under the current mechanism, holders of Usual Protocol's USD0 stablecoin must stake for 4 years to receive USD0++ and profits from RWA collateral or USUAL tokens.

The problem arose when Usual announced the launch of a mechanism to cancel USD0++ stakes early with the following 2 options:

- Conditional exit: Those who cancel USD0++ stakes will lose a portion of their profits, deducted in the form of USUAL or USD0 tokens.

- Unconditional exit: The DAO will buy back USD0++ at a floor price of $0.871, which will gradually increase to $1 over 4 years.

This announcement triggered a wave of USD0++ sell-offs, as many wanted to exit early to avoid the risk of future profits decreasing. However, due to insufficient liquidity on Curve to handle the large sell-off volume, USD0++ lost its Peg, falling 7% and trading at $0.93.

The introduction of a penalty mechanism for early unstaking is quite normal in DeFi, initially there will be a part of people looking for short-term profits or farming airdrops who will quickly exit, but in the long term, it will not affect the project's vision.

The Peg loss situation may last for a long time and at worst, it will drop to the floor price of 0.871 USD when the penalty mechanism is applied next week. However, as selling pressure decreases and the demand to hold USD0++ to enjoy 27%/year interest increases, the Peg's ability to be gradually restored.

virtual currency that I have
Ripple 500 coins
Doge 800 coins
SHIBA 100000000 Coins

I understand that it is not enough yet. So I want you to tell me.
What else should I buy for the future?
please tell me