yeah, you created an account and posted this right after and nothing else. you must be totally not Majestic Bank yourself.
you ripped me off every time I used your service. you skewed the price in your favor by several percentages after my transaction was detected, while the trade was processing. I even corrected my calculation for price volatility during the trade, so you can’t say “sorry, the market tanked while you were waiting”. overall I usually ended up losing 4-5% compared to mid-market prices at the time of the first confirmation of my deposit. (for perspective, this was in times when XMR had good global liquidity and anything above 2.5% loss was basically a ripoff.)
the only remotely positive thing about you is that you pour a lot of money into Monero conference sponsorships. this self-advertising is the sole thing that keeps your reputation within the Monero community from going to zero.
your shitty practices ensured I will never trust you again. get lost.
this should set you up as a starter: https://www.liquity.org/blog/on-price-stability-of-liquity
that would mean that if even one of those stables dies, LUSD would destabilize too (and there would be no possibility of intervention, since that protocol is completely ossified). that’s worse overall.
I was talking about Chronicle, the oracle protocol that spun off from Maker.
look at Maker’s history, what’s been promised, and what’s been delivered. don’t take it for granted that puredai will ever happen.