What should a crypto exchange do right at the time a top 10 stablecoin is imploding with billions of dollars vanishing and people losing all their savings?
Surely not shill another algorithmic stablecoin that almost uses the same design as the one imploding…
Thats what Poloniex is doing.
[USDD = trustable, according to Poloniex. And apparently better than the one imploding :\/](
USDD has already lost its peg for a while, it was down to 0.99 instead of $1.
Poloniex is ofcourse owned by Tron/Justin Sun, who are now using it to push their own instable “stablecoin” at a time when the paint of a stablecoin collapsing is not even dry.
I really dont want regulators to get involved in this space and put an end to everything, but it seems the large actors in this space are inviting the regulators with a red carpet…
Wait you Guys still have money?
20% apy was unsustainable, but let’s all put our life saving in USDD for twice the apy. What could go wrong?
40% APY … yea…. seems legit 
How do you short a stablecoin? Asking for a friend
With double the apy of anchor too, what could go wrong?
Stablecoins should be backed with dollars, euros or gold. Anything else is a ticking bomb.
40% APY and their slogan is literally “trust me, bro.” How could I lose!!!
You have to actually be fucking braindead at this point to trust a Justin sun algorithmic stable coin, no sympathy when this goes belly up
Avoid anything Sun touches as you would a swarm of killer bees.
Pure stupidity. This is not a winter but a purge made possible by a pyramid scheme
So stable much wow
Don’t people know by now ? Justin Sun’s only skill is *ctrl+c ctrl+v*.
40% APY???
🤣 🤣 🤣
He knows Madoff promised 5-10% a year right? This is complete insanity.
The fuck you ranting about. Why not profit off from the next crash and short it like those billionaires do lmao. Don’t be whiney and just make money
Poloniex is a terrible exchange wouldn’t trust fuckin anything they say.
I mean if people still haven’t learned that Justin Sun is a scam artist then maybe they deserve to get burned. People have been saying to ignore him for years.
I’m never touching anything from Justin Sun… neither should you
How could anyone in their right mind buy one USDD for one real $usd? How could there be a tiny shred of demand? Shocking.
Justin Sun has a marketing background. He does not have a computer science background. He is a scam artist. He always has been and always will be. Don’t trust this dude. He can manipulate headlines quite well.
Ahhh TRON, the first shitcoin to break my heart
If it seems to be good to be true, it most likely is
When will Justin Sun and his shitcoin TRON go to zero. I’m sick of these ponzis, they’re ruining the sentiment on cryptocurrency.
There is a rumor that he could be behind the downfall of luna
As legit as his Tesla Giveaway 🤦
Where can we short it ?
At this stage, anyone holding anything Justin Sun related deserves to get rugged.
Hey I tried to make this post a couple hours ago (one linking twitter and one linking a imgur screencap) and it couldn’t go through. Wtf are you supposed to do to be able to post on this sub (i thought I was following the rules).
Anyways, since the CLAM debacle I can’t see Poloniex as anything else than a scummy exchange, but what they’re doing to push this “stablecoin” in the light of what happened with UST is downright criminal. The shamelessness is frightening.
TRX is the next ponzi to fall.
Tbqh, who the hell trusts Justin Sun at this point?