How does Li Chen-style counterfeit money wrap X? Soaring 100 times, can the algorithmic stable currency USDC fly EOS?

PS: If you want to see how to fake wallet screenshots, you can skip the previous part.

I read all the popular articles today. In fact, what I want to read the most is the one complaining about my sister.

[Break out 100W in half an hour] USDX, the first algorithmic stablecoin on the EOS chain, exploded 100 times at the opening, and the friends directly took away 100W

Because of not participating in a mine.

So I don't dare to take it now.

https://usdx.gitee.io/about/

As of this writing, the price of one USDC has reached $79.

It seems that the day is high today.

After all, it's $80 at six o'clock in the morning.

So let me tell you a little bit about how this game is played?

Then decide for yourself whether to play or not.

(Not recommended for beginners to play)

First of all, this project sets 4 tokens.

The last thing that is easy to understand after seeing this is USDC, which is pegged to the dollar.

Make 1USDC=1USDT.

Whether it will succeed or not is another matter.

That's how it's set up anyway.

Then the game officially starts like this.

Replace every 4 hours on average . (It’s best to keep an eye on the disk at all times. 😂😂😂)

Explain in human terms what this picture means:

1: If USDC is between $0.95-1.05 , then there will be no total amount change operation .

2: If the price of USDC is too high, additional USDC will be issued, which will reduce the price.

The rules of increase are:

Total USDC Supply* (USDC Price - USD 1)

The people assigned are:

95% of USDC market makers.

5% USDS market maker.

For example, the price of USDC is $79 (assuming it will be the same until the next total change):

The total supply of USTC is: 121549 (subject to the current official website data, if unchanged)

Then the number to be issued next time is:

1121549*(79-1)=9480822

That is to say, an additional 9.48 million USDC will be issued at one time, then after the additional issuance is completed.

It is conceivable that in a very short period of time, its price will drop all of a sudden.

The reason why so many people are still making the market is that they are waiting for the next distribution of candy.

So before handing out candy, I guess that price will stay there for a while.

After the candy is sent, it should be directly smashed into the plate within a minute.

3: If the price of USDC is too low, another token USDB will be issued.

(Here is not a direct reduction of the total like in amps)

Some people are about to ask, what is the use of this USDB?

Its effect is to destroy USDC tokens, reduce the total amount, and increase the price.

So how did he do it?

When the price of USDC is deflated, additional USDB will be issued.

The number of additional issuances is:

USDC supply * (1 USD - USDC price) / USDC price

We still make an assumption.

That way it's time for the next candy handout.

USDC price is $0.8.

The total is still assumed to be 1,121,549. (actually impossible)

Then the amount of USDB distributed next time is:

1121549*(1-0.8)/0.8=280387.25

At this point, someone may ask, what does this have to do with the price drop of USDC?

Why can he pull his price up?

Because it also has a setting in it:

In the case of deflation, users can buy USDB with USDC.

All the USDC consumed by the user's purchase will be destroyed.

And use this to reduce the total amount, thereby raising the price of USDC.

The buying price is:

USDB price = USDC price * USDC price

For example, the USDC price is: $0.8

USDB price=0.8*0.8=$0.64

Then 1 USDC can buy:

0.8/0.64=1.25

1 USDC can buy 1.25 USDB at $0.8.

A new question arises, why use USDC to buy USDB?

But because of his final promise.

When the price of USDC reaches more than 1 USD, UDSB can be converted into USDC 1:1.

Then, he can enjoy the double benefits of the increase and discount at the same time.

(Sage first: This is if he can pull it back.)

Of course, if the parameters are not set.

In the case of the inflation I mentioned above, an additional 9 million tokens will be issued all at once.

(If it is really posted, you don’t have to think about it, this disk will be useless)

But he wants to impose a limit on the maximum circulation.

That is to say, the next time he will increase to 1 million at most.

(Even so, I still don't think he can maintain the disk)

Even so, let’s look at the mining rules next.

Initial liquidity is provided by the official.

😂😂😂 But now it's...

Participation or not has been analyzed before.

Those who are still participating now are nothing more than waiting for the candy distribution tomorrow night.

In theory, this ideal is pretty good.

Distribute the property to the owner of the property.

Every time the money is printed, it is distributed to the holder of the money.

Its drawbacks should be equally huge, and it will exacerbate polarization.

The rich get richer and the poor get poorer.

Just imagine that he holds 1 million and you have 10,000.

He gets 99 times more money than you in the next print distribution.

In the midst of such a long piece of nonsense.

I've distilled a useful point.

That is, the project party did not issue USDS tokens, but let DFS hold this function.

Equivalently, 5% of the USDC distributed during each inflation process will be allocated to the Great Harvest community.

This is not good for your own project itself.

That's why the recent bumper harvest has exploded.

Is there any benefit to doing so?

There must be.

First of all, it was successfully hatched with the help of a bumper harvest environment.

At the same time, the disadvantages are also very obvious.

Not only is it detrimental to future development, but 5% of the money for each print is given to a great harvest for free.

If such a project doesn't die, then it must be the Great Harvest Community on the tray.

Then there is the specific mining time.

Mining details.

Everyone can do their own research.

So the practice of prostitution is,

If there was already a market maker in the Great Harvest,

don't do anything,

Just wait until after 8 pm tomorrow (increase or decrease market making once) and you will be fine.

So I'm not going to participate now because he's just too tall now.

If nothing else, at 8pm tomorrow, USDC/USDT will break through within 5 seconds.

I don't think I have that fast hand speed and internet speed, so I just don't prepare to fight.

Yesterday's headline was that President Jiang tore Li Chen.

Various reasons were given.

Interested students can read the article.

Li Chen Background Check & 9203 Bitcoin Verification Process & 200 Bitcoin Donation Hope Project

The article is very clear.

Clear and well-documented.

Let's discuss how that picture of him, or the wallet, was faked.

I believe everyone should have a TP wallet.

There is no download available here .

We open the TP wallet .

Then choose Bitcoin .

Click Import .

Select observation mode .

Then you can go to the Bitcoin Rich List and find any address to import.

Let’s take the address of the number one Bitcoin rich list as an example.

35hK24tcLEWcgNA4JxpvbkNkoAcDGqQPsP

When we import successfully , we can find the number of coins held.

It looks like its own wallet.

(I have never seen such a brazen person)

When you click on Bitcoin.

You can also view the specific transfer details .

Does it feel more realistic?

Click here to view more detailed information.

specific transfer information.

A lot of people are crippled by this.

Not only that, but you can also enter the transfer page at the same time.

(It's just that I really can't transfer money 😂)

But if you can enter the transfer page, you can record a video to fool Xiaobai. 🌚🌚🌚

According to his statement, do I have 140,000 bitcoins?

😂😂😂 (Maybe I had it in my dream, but it was gone when I woke up)

Once again, I remind readers and Xiaobai, please don't be deceived by the so-called video.

You can even follow the steps above and do it yourself.

But please don't go to malicious scams.

The following provides some Bitcoin rich addresses (required for X):

35hK24tcLEWcgNA4JxpvbkNkoAcDGqQPsP

37XuVSEpWW4trkfmvWzegTHQt7BdktSKUs

1P5ZEDWTKTFGxQjZphgWPQUpe554WKDfHQ

1FeexV6bAHb8ybZjqQMjJrcCrHGW9sb6uF

bc1qgdjqv0av3q56jvd82tkdjpy7gdp9ut8tlqmgrpmv24sq90ecnvqqjwvw97

bc1qa5wkgaew2dkv56kfvj49j0av5nml45x9ek9hz6

37tRFZw7n94Jddq6TfVs3MbCXmDX6eMfeY

38UmuUqPCrFmQo4khkomQwZ4VbY2nZMJ67

34xp4vRoCGJym3xR7yCVPFHoCNxv4Twseo

3JurbUwpsAPqvUkwLM5CtwnEWrNnUKJNoD

3Kzh9qAqVWQhEsfQz7zEQL1EuSx5tyNLNS

1LdRcdxfbSnmCYYNdeYpUnztiYzVfBEQeC

1AC4fMwgY8j9onSbXEWeH6Zan8QGMSdmtA

385cR5DM96n1HvBDMzLHPYcw89fZAXULJP

1LruNZjwamWJXThX2Y8C2d47QqhAkkc5os

3Ee3Cft7X4DbRzMoBdaKWrCZ4AqriA5sbF

3FGKwP7XQA9Gb27if7zQGJSSynbzWLrV3p

bc1q5shngj24323nsrmxv99st02na6srekfctt30ch

17hf5H8D6Yc4B7zHEg3orAtKn7Jhme7Adx

1NDyJtNTjmwk5xPNhjgAMu4HDHigtobu1s

3LCGsSmfr24demGvriN4e3ft8wEcDuHFqh

12XqeqZRVkBDgmPLVY4ZC6Y4ruUUEug8Fx

13JQwoSLLR3ffXwswe2HCTK9oq4i8MWK3q

12ib7dApVFvg82TXKycWBNpN8kFyiAN1dr

338QJMnfvG1hocxHKtMsXVE8ueaAFrW4P5

12tkqA9xSoowkzoERHMWNKsTey55YEBqkv

3EiEN1JJCudBgAwL7c6ajqnPzx9LrK1VT6

17MWdxfjPYP2PYhdy885QtihfbW181r1rn

19D5J8c59P2bAkWKvxSYw8scD3KUNWoZ1C

1AnwDVbwsLBVwRfqN2x9Eo4YEJSPXo2cwG

1932eKraQ3Ad9MeNBHb14WFQbNrLaKeEpT

14eQD1QQb8QFVG8YFwGz7skyzsvBLWLwJS

36sf8V4TBPKCSqEz4Z8X1ra8EXrMaJBhAJ

3ErNFK17MbH3GAGfakMwTrKo8uHmBuuVX1

1aXzEKiDJKzkPxTZy9zGc3y1nCDwDPub2

17r**dvb439dZqyMe2d4D6AQJSgg6yeNRn

3H5JTt42K7RmZtromfTSefcMEFMMe18pMD

1PeizMg76Cf96nUQrYg8xuoZWLQozU5zGW

3HxedGVPz8cM5ja6HWJgjaUxhAfa9J4LCP

3ETUmNhL2JuCFFVNSpk8Bqx2eorxyP9FVh

1GR9qNz7zgtaW5HwwVpEJWMnGWhsbsieCG

3N9an8wv4SYi3FVXs3xR5k2AqXeNZiw2mf

1KUr81aewyTFUfnq4ZrpePZqXixd59ToNn

3BMEXqGpG4FxBA1KWhRFufXfSTRgzfDBhJ

1PJyv83xXVL7fFYyYVZY53DjZj5qXZQvsw

3HroDXv8hmzKRtaSfBffRgedKpru8fgy6M

1AX7qyuiuzhFv1dhfKC9Fiq6apFo549dn3j

1Cr7EjvS8C7gfarREHCvFhd9gT3r46pfLb

3DVJfEsDTPkGDvqPCLC41X85L1B1DQWDyh

1BZaYtmXka1y3Byi2yvXCDG92Tjz7ecwYj

1MDq7zyLw6oKichbFiDDZ3aaK59byc6CT8

19iqYbeATe4RxghQZJnYVFU4mjUUu76EA6

34MSicAL7qVGkevFPLwyc9KohGzoUSnu3Q

3JPauiFhP4K3AevmgNMFfMSN7pLZbuADJQ

1HBM45n214sV9yXoizBwTksUgEysTPpk46

12n3s8MCqdZzPnTisYrXagbfw8pJg8y9BW

1MVo3EXLakJy**9CFK6o1MyaCBMdvcmmrL

14Ai5GcasUdr5hR2GMzeojkzB9cm4oufHt

1FUBESNxB2JkyXPc4o9wwoGt158DC9A8dj

16Azr3MAzMKMPmxZXfRsBbBPYHnp2CuJNJ

1EDRfeNkjkH2SAhSbEKzhKuabnEbVWbKEp

1JYbzYitYQ1ZWTx5KEx7WH2AejC5i5UUbF

1Enhkd9LkQV56a9M12P4VuMDkjyTeLJy5m

19Te6hzGFSbryomVYqzG2kpBmAJYykx5Yv

14YN9Zsx4H8DXUoK2XfRvjuanfjK1RrkHz

1MqAfNMgbZoKtRinT89q1faSZqTKTqCFhR

1Cb1G5qFK91fShyaPPZWVFwYFBtqRG7h8D

1Hyh53PULY6Jyq5LPAJ4CHjgzEbVaqy7KU

1NNGdZMYsN9pgLSXZ5dD5KFUbatFynpmvY

1C5TB2QzeDDJUE4EQD17NmSyEXTk34huRo

1C1bbDApniTd7DtUodpr3ayXxVtcHvwWgx

1LyTftu54VMYCv5pq3S4pMzPRMnsYKTESw

17YyZSNFt31pzGXfZtrzs7Y5Nd56rG2uU5

35pgGeez3ou6ofrpjt8T7bvC9t6RrUK4p6

14zukxqLuLXg5kqZYRB1Q3Audec3NtxJPW

19G5kkYvjawZiYKhFeh8WmfBN31pdP94Jr

3JSssZCJ3PHEdgNv7hzNE26EEzzvYNjZLy

17rfparnM8RaaUyuHFNC9ErqkvRqebNPjE

1F34duy2eeMz5mSrvFepVzy7Y1rBsnAyWC

1BxgwUXszgVMrs9ZSfdcGLqne2vMYaW8jf

bc1qhd0r5kh3u9mhac7de58qd2rdfx4kkv84kpx302

1f1miYFQWTzdLiCBxtHHnNiW7WAWPUccr

3E5B5QbDjUL471PEed9vZDwCSck9btBLkD

14YK4mzJGo5NKkNnmVJeuEAQftLt795Gec

1KbrSKrT3GeEruTuuYYUSQ35JwKbrAWJYm

1Ki3WTEEqTLPNsN5cGTsMkL2sJ4m5mdCXT

1P1iThxBH542Gmk1kZNXyji4E4iwpvSbrt

12tLs9c9RsALt4ockxa1hB4iTCTSmxj2me

1BAFWQhH9pNkz3mZDQ1tWrtKkSHVCkc3fV

1ucXXZQSEf4zny2HRwAQKtVpkLPTUKRtt

1CPaziTqeEixPoSFtJxu74uDGbpEAotZom

33QoG5ioV4hseifKT9iaqrmD2eis7DicWA

3Fr1mGhnPAQ9YDf1dzg4B47PkX5TuvFtYv

1LfV1tSt3KNyHpFJnAzrqsLFdeD2EvU1MK

1PN1xjngm9jhY9duuR8af7CXmK3QVcsixJ

3DwVjwVeJa9Z5Pu15WHNfKcDxY5tFUGfdx

1Kx4QFupZ9vKFmUDhsptfSBPEKXJKV5MuN

1EU2pMence1UfifCco2UHJCdoqorAtpT7

3N1xWnCNpWJchpC4YckeimkXRyYA7M2iks

3EGUWbncYN7hjcJYUnTc1vBc4njnuwn9Gb

Similarly, the TP wallet can also import the observation mode of other chains.

Therefore, other assets can also be faked. for example:

After importing Ethereum 0xc02aaa39b223fe8d0a0e5c4f27ead9083c756cc2:

When importing grapefruit address rptrxwgfeqyn:

After importing the TRON address TA9FnQrLGdgLW6cwBKue9DyqSBz1UNzUMR:

So, you tell me, can I still believe this so-called screenshot?

It is such a video, you can also record one yourself.

The first thing to enter the currency circle is to learn to prevent being deceived.

Closing remarks:

Only make money you know.

If you don't know enough, try to learn.

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