Does anyone know an unfreezable stablecoin that is the least at risk of becomming another TerraLuna? I love Monero but its too volatile to keep 100% of my life savings in an unfreezable stablecoin is CRUCIAL. This is such horrible news. Fuck Rune Christiansen for this shit!!
this should set you up as a starter: https://www.liquity.org/blog/on-price-stability-of-liquity
that would mean that if even one of those stables dies, LUSD would destabilize too (and there would be no possibility of intervention, since that protocol is completely ossified). that’s worse overall.
I was talking about Chronicle, the oracle protocol that spun off from Maker.
look at Maker’s history, what’s been promised, and what’s been delivered. don’t take it for granted that puredai will ever happen.