Barry Fried 🦇🔊
Barry Fried 🦇🔊

@BarryFried1

5 Tweets 2 reads Apr 15, 2023
If u thought Sifu FULLY controlling the $SIFU oracle & borrowing w 70% LTV was bad…
Turns out there’s another yet-to-launch “placeholder” Sifu-native tkn called SifuM, of which Sifu HARDCODED TO $10 WHILST CONTROLLING 500k TKNS -> used as collat to borrow USDT w 70% LTV LMFAOO
Btw if u wanna see some hilariously brainwashed ppl, check out the uWuLend discord
discord.com
BUT WAIT, there’s more
Sifu & Co have proposed to “turn Wonderland into an org that serves its tkn holders”, aka turn it into a 2 & 10 authoritarian structured fund, bc “there is a high risk of malicious actors carrying out governance attacks in an effort to totalize the system”
Hmmm, $bLUSD oracle = evergrowing floor price (w 95% liq threshold!) — I wonder wat Sifu’s gonna do 🫠🫠🫠

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