this post was submitted on 19 May 2024

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Monero

monero@monero.town

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This is the lemmy community of Monero (XMR), a secure, private, untraceable currency that is open-source and freely available to all.

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founded 3 years ago

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Since DAI is currently being destroyed (lemmy.sdf.org)

submitted 2 years ago by BD89@lemmy.sdf.org to c/monero@monero.town

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Does anyone know an unfreezable stablecoin that is the least at risk of becomming another TerraLuna? I love Monero but its too volatile to keep 100% of my life savings in an unfreezable stablecoin is CRUCIAL. This is such horrible news. Fuck Rune Christiansen for this shit!!

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[–] tired_turtle@monero.town 1 point 2 years ago*

This sucks especially since DAI is my favorite stablecoin for it being the only real decentralized stablecoin and now they're going to replace it with NewStable which will be upgraded with a freeze function wtf...I'm pissed...