Well as you may know they got hacked sometime on may 6 for six million dollars. The Deus Dao promised updates and within 1 week the problem should be solved etc, they even said they had gotten 80% of their money back in their feed. But now its the 19th and nothing new has been reported except for their bull… side projects. I am just here to vent on this pathetic excuse for a stable coin and their team…
This is the second major issue that the protocol has had. Glad I got out after the depeg on v1
This is Dei or Dai?
I followed the last depeg closely in their discord. It was a shitshow. A lot of big talk, a lot of people spreading fud or illusions. Official comms were bad.
These things take time to unwind. It takes time to come up with a plan and a setup to recover. I recommend to make a decision. Cut your losses or bet on partial redemption.
Then walk away. Don’t follow discord, don’t get into discussions. Just set a price alert where you’re willing to sell at.
PEPE my man what are ya doing
Don’t stay after recovery please