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Re:Tether starting to lose its peg too, after Terra did by nullc on Thursday May 12, 2022 @07:54AM (#31352644)
> All of this is, I think, quite straightforward and correct, except for Point 7, which is insane. If you overcome that — if you can find a way to make Luna worth some nonzero amount of money — then everything works fine. "

Their solution was to staple a HYIP scheme to the side of it-- a service where you can deposit coins and get a 20% annual return.

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