ERG
May 16, 2022, 10:32am
2
Speche:
New Coin must have the LFG fund as a collateral. Buying and not selling the Dips!! On the market tops, borrow dollars as a collateral and use them to buy more BTC on the dips. As a regular investment fund would. You could use the fear and greed index through an oracle, directly on chain.
Lunatics please Don’t sell your BTC
We very much agree. Please see this proposal. The Robinhood algorithm is broken. It needs to be removed and replaced with a tried and true system. The network can stay the same and with some minor mechanics changed.
Summary
Provide a simple alternative plan to save the business and restructure old debt. Creating real value rather than financial engineering will drive greater returns and save the ecosystem.
Motivation
Why does the community believe in Terra. 2 reasons:
Terra promises to provide low cost money transmissions and remittances without restrictions, limits, and high fees that banks and payment processes forces on everyday people and businesses.
Terra promises an ecosystem for savings, loa…
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