Tweet-Links:
https://x.com/ribbonfinance/status/1999815546007584817
https://x.com/ribbonfinance/status/2000003294563905765
https://i.redd.it/hnb4lbopnl7g1.png
Tweet-Links:
https://x.com/ribbonfinance/status/1999815546007584817
https://x.com/ribbonfinance/status/2000003294563905765
https://i.redd.it/hnb4lbopnl7g1.png
12 Kommentare
Sounds smart
Well isn’t that kind of them.
an original (non) solution, we have to give them credit for that😂
“What if we used user funds to pay our users?”
They cracked the double spend problem
Banks 101.
Just somehow pay those who want the money, fuck the others money.
Shows you how intelligent those running things are.
How do you even put that on your balance sheet? You’d basically be making it up
So they’re stealing user assets? Sounds fucked up
Robber Ponzi (formerly Ribbon Finance) *a sophisticated player in the DeFi landscape, offering a suite of protocols designed to enhance the risk-return profiles of crypto portfolios*
Token Price down 92.4% in the last year (Coingecko) but weirdly up 3% in the last 24hrs.
aka a bail-in
How is this legal?
This is why you don’t trust any coin/token/bs that calls itself „crypto“ when the true one could not make this happen as there is no CEO, no transparency on chain and no data to reverse, how BTC wanted to be in the first place. XMR all the way, happy to not have issues with bs like this there. Not your keys, not your coins.
That’s basically a ponzi scheme