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Thanks, this Twitter thread explained it all in plain English. Edit: Last question: > On the one hand here, we have one (rich) guy. Perhaps he is sophisticate
by laweijfmvo 4y ago
Thanks, this Twitter thread explained it all in plain English.
Edit: Last question:
> On the one hand here, we have one (rich) guy. Perhaps he is sophisticated, perhaps not, perhaps he believes code is law, perhaps not.
> He used a computer program to borrow $100M.
> The people who wrote that computer program are now terrified of it.
So does Rich Guy get to keep the $100M in stable coin regardless of what happens to the SOL he put up?
- gitfan86 4y agoHe has to negotiate with the Solend people. They want to be accused of breaking a contract or breaking the law, and he wants financial compensation.