Some interesting data on UST stablecoin, and how to make investors whole again(twitter.com)
twitter.com
Some interesting data on UST stablecoin, and how to make investors whole again
https://twitter.com/PersianCapital/status/1525226153304199168
3 comments
We at human think we can provide proof of humanity at the 10$/100$/1000$ level, but sybil attacks above 10k$ are too easy as you can buy a passprt. Each order of magnitude will require higher levels of proof. At 100$ we can probably do it biometrically using the apple/android bio meters. at 1000$ we’d probably want to use a kyc/aml platform. This can be done in a defi way
The proposal is USDC, which would be sent to the various ETH wallet addresses. No verification would be needed.
Scammers gonna scam