Justin Sun has always been a controversial figure, from pushing a sketchy ICO days before China banned ICOs, to escaping to Grenada, to making Tron the largest reserve blockchain for USDT, and then launching an algorithmic stablecoin USDD with 100%+ interest rates right as Terra's UST was failing. Tron is still the 15th largest Cryptocurrency by marketcap. But why would you trust that when the 3 largest dApps that own 99.9% of the $5.2B TVL on Tron are owned by Justin Sun?
So Justin Sun owns a total of $5.198B of the $5.2B TVL on Tron, or 99.9%. Would you trust these 47% interest rates for yield farming on USDD-USDT stablecoin LPs on his SUN.io dApp? [link] [comments] |
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