MEXC is Burning LUNC Daily! What is your plan?

[CryptoKMS]

USTC question

USD Stable Coin That Prevents a “Run On Reserves” Introduction to problem: I was going through different ideas on how to save $USTC from its de-pegging event. While thinking of ideas I thought about how would someone go about creating a crypto coin that held 1 USD with out a second crypto as the coins reserve because this is what $USTC would need to fully recover because it’s reserve coin (now $LUNC) essentially went to zero making $USTC backed by nothing and trading on pure speculation. Many …

As per this post, admins have clearly stated that it’s going to flop.