MDO

Frontpageorlurk

Seinorage tokens are pretty scary to invest in IMO. If the stable loses peg, then the share price will dump into oblivion and it all happens quick. ​ This time last year, me and a few friends were making 1-2% A DAY, off BTS/SBDO/MSS/MDO. Within the span of a week, every single stable coin that was connected to these protocols gradually started losing peg. Now Im not 1000% sure how Luna works, but with these other protocols, when the stable falls below peg, bonds are issued for purchase, and can be redeemed when the price of the stable coin returns to above $1.03. ​ ​ People bought millions and millions of dollars worth of bonds, and they are still holding them, they cannot be redeemed at all, they are dust in these peoples wallets. None of these protocols have returned to peg, not a single one.

DuplicateDestroyer

**Your submission has been removed because 1 submission with a similar title has been posted on the subreddit in the past.** **OP:** /u/Freeassher **Date:** 2022-02-23 06:53:12 **Duplicates:** N | User | Date | Posted... | Similarity | Title :-:|:-:|:-:|:-:|:-:|:-:|:-: 1| [/u/Competitive-Edge-685](https://www.reddit.com/user/Competitive-Edge-685) | 2022-02-22 04:58:50 | 1 day 1 hour 54 minutes before | [98%](https://www.reddit.com/r/CryptoMoonShots/comments/syewc9/metadarkocean_mdo_stealth_launched_10_minutes/) | [MetaDarkOcean ($MDO) | Stealth Launched 10 Minutes| Ownership Renounced | E...](https://redd.it/syewc9) I am a bot. If you believe this was sent in error, reply to this comment and a moderator will review your post. **Do not delete your post or moderators won't be able to review it.**

Background-Sample

Careful with Midas. Not all stablecoins are created equal. I got rekt by MDO depeg earlier this year