Hello,

Sign up to join our community!

Welcome Back,

Please login to your account!

Forgot Password,

Lost your password? Please enter your email address. You will receive a link and will create a new password via email.

fli8531420984 activity

fli8531420984 commented on wdym by force me to sell my egld ?

Trust me, you really don't want swaps to open at $5. That would mean that all of the stolen EGLD, which is currently sitting in the LP, has not been moved back inside of the wrapping contract. And if the EGLD is not inside the wrapping contract - then the wEGLD inside you LPs is worthless because it's not redeemable. It's all a zero-sum game here... any profit anyone makes would be at the expense of every wEGLD holder and LP provider Be happy that Elrond are doing the logical and fair things ????

fli8531420984 commented on just curious, can you give me an example of a jurisdiction where that understanding of mine, would be invalidated pls?

You'd want to look for whatever the local analogue of "possession of stolen goods" is. Typically, being unaware of the provenance of any given asset is not a legal protection. E.g. if I buy a stolen watch - generally most western courts would not then find that I am the legal owner. There's not a whole heap of precedence when it comes to digital assets (espcially specific to defi), but it's clear that the assets in question here weren't sold their rightful owners

fli8531420984 commented on hmm, explain to me how the Price will find balance on DEX with Binance CEX if Arbitrations SC cannot function?

price on a DEX is just the ratio of one asset to another. they just need to take some of the wEGLD out of the LP and put some USDC back in. it's a little complicated but basically if you put the tokens all back where they were, then the price and liquidity are fixed like the event never happened