Understand one thing: any scheme that asks you to deposit USDT is essentially another form of collateralization.
Why? Because USDT itself is the world’s largest CDP (Collateralized Debt Position).
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MeaninglessGwei
· 12-04 13:01
Damn, this move... USDT itself is the biggest Ponzi scheme, and they want people to keep collateralizing it? That's hilarious.
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FlyingLeek
· 12-04 13:00
Damn, I never thought about it from this angle. It’s really confusing.
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HorizonHunter
· 12-04 12:46
Damn, when you think about it, USDT itself is already a nesting doll. Now there's another layer of staking? Feels like double the rug pull.
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DeepRabbitHole
· 12-04 12:36
Damn, now that you mention it, I suddenly realize why so many projects are absorbing USDT—it turns out they're just using our collateral to collateralize again!
Understand one thing: any scheme that asks you to deposit USDT is essentially another form of collateralization.
Why? Because USDT itself is the world’s largest CDP (Collateralized Debt Position).