The Anchor DeFi ponzi collapse journal

Discussion in 'Crypto Assets' started by Pekelo, Mar 23, 2022.

  1. Pekelo


    #21     Apr 11, 2022
  2. johnarb


    Is thread dead?
    #22     May 5, 2022
  3. Overnight


    Is potato.
    #23     May 6, 2022
    johnarb likes this.
  4. Sprout


    #24     May 6, 2022
  5. ANC price dropping like a rock, at 1.119 UST down 42.29%.

    Yield reserve down to 176,450,789 UST.

    Doesn't look good.
    #25     May 9, 2022
    Pekelo and johnarb like this.
  6. Never paid attention to Anchor. Recently have been watching LUNA's deaths-spiral. Looks like she's still out of control now.

    A victim of a mutli-pronged attack the last few days, which managed to even de-peg it. IIRC, Luna was purchasing up massive amounts of BTC. Well, now you see why BTC has been falling harder than ETH. Normally that's not supposed to happen.

    R.I.P. Luna... bye bye.
    #26     May 9, 2022
  7. Pekelo


    LUNA is down from 83 to 33 in a week.
    #27     May 9, 2022
  8. Normally, in the equities market, the SEC would be right on this. But... alas. In crypto-land... anything goes I guess.

    I'm sure when(if) we find out which whale(s) were behind this, they will come up with some sort of story... maybe a fat-finger here, a typo-there.... you know. :sneaky:
    #28     May 9, 2022
  9. Pekelo


    #29     May 9, 2022
  10. Pekelo


    Care the rephrase your post? :)

    It took only 7 weeks to prove my point...
    #30     May 9, 2022