Row 24728

Row ID: 24728 | Dataset Entry | Axioma AXP Content Repository

Content Data

This page contains data entry 24728 from the Axioma AXP content repository. The structured data below represents the complete record for this entry.

How'd that work out for everyone again....

Well trusted by who.... it wasn't astute crypto investors, that was for sure!

So, well trusted by mouth breathers who followed the crowd and couldn't see that the mechanism used to stabilise the UST peg was fundamentally flawed and in the right conditions, would result in a run away minting event on LUNA as it attempted to incentives people holding UST like it was some sort of closed loop and people didn't have options to exit both LUNA and UST.....

The ONLY eventual outcome was always going to the exact outcome that happened! Sooner or later, it was the ONLY result that could happen!

All laid out in the fucking white paper!

FieldValue
text How'd that work out for everyone again....  Well trusted by who.... it wasn't astute crypto investors, that was for sure!  So, well trusted by mouth breathers who followed the crowd and couldn't see that the mechanism used to stabilise the UST peg was fundamentally flawed and in the right conditions, would result in a run away minting event on LUNA as it attempted to incentives people holding UST like it was some sort of closed loop and people didn't have options to exit both LUNA and UST...…
label r/cryptocurrency
dataType comment
communityName r/CryptoCurrency
datetime 2024-05-21
username_encoded Z0FBQUFBQm5Lak1DcDh3R21wLUdmVTlWdFhxdlpSekhPUGtOelJhME1oS2ppRkMwdmFTSWM2cTQ3VTBaNDQxSFd6ekJtXy1HR2xHVENhWVdXc01JbUs0M05qd0tEeGh6aWItT1hNdUFFa2VBVnpKRjVfVFNyekU9
url_encoded Z0FBQUFBQm5Lak9SdzRSUTBvU1JwakVZbWZvbmJWby1sYzU1WkltbnQtQ29wQ3N2NkMwZEJ5YUtNSkpILUNnU2N1ZEtEU04tRFJBZjJtVW1EQ01QZFZzcFJzQ29kbmZsbjBJbmlGNDNjMWF5TmF5eWk1Q3FGcTJuTk52dlo3LWFwQ1lSRFVEcWxnRmFsNHdTR3F1eWdmRHhzYkZiRVRBTloxNWkyQ0pTdkk1UTJRTkNpUEloVlU3cVJEWkFzekJxNEZ2czV2N2QybmtJSEdQQTRrRjdZV1l0TzZua3lJMkh3QT09

Raw Record

{
  "text": "How'd that work out for everyone again.... \n\n\nWell trusted by who.... it wasn't astute crypto investors, that was for sure! \n\n\nSo, well trusted by mouth breathers who followed the crowd and couldn't see that the mechanism used to stabilise the UST peg was fundamentally flawed and in the right conditions, would result in a run away minting event on LUNA as it attempted to incentives people holding UST like it was some sort of closed loop and people didn't have options to exit both LUNA and UST.....\n\n\nThe ONLY eventual outcome was always going to the exact outcome that happened! Sooner or later, it was the ONLY result that could happen! \n\n\nAll laid out in the fucking white paper! ",
  "label": "r/cryptocurrency",
  "dataType": "comment",
  "communityName": "r/CryptoCurrency",
  "datetime": "2024-05-21",
  "username_encoded": "Z0FBQUFBQm5Lak1DcDh3R21wLUdmVTlWdFhxdlpSekhPUGtOelJhME1oS2ppRkMwdmFTSWM2cTQ3VTBaNDQxSFd6ekJtXy1HR2xHVENhWVdXc01JbUs0M05qd0tEeGh6aWItT1hNdUFFa2VBVnpKRjVfVFNyekU9",
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}

Entry Information