Ten billion cryptocurrencies ushered in a short resistance battle.

Text | Business

For the short -term benefits, even short benefits are worth chasing.

With the increasingly increasing investment portfolio of encrypted assets, the short -habitable institution that smells bloodshot can also be unable to bear loneliness. Recently, a short force of unknown ways has aimed at the decentralized algorithm stable coin USDD, and and and and also. It was deliberately short -term, but under the Copper Wall and iron wall of the Polish Federal Reserve, he finally lost and left the field.

The shark group rushed into the currency circle, and the wave Federal Reserve started the "USDD defense war"

USDD is a decentralized algorithm stable coin launched by the Bodo Field Joint Reserve (hereinafter referred to as the Federal Reserve). The reserve behind it reached 2.308 billion US dollars, and the mortgage rate once exceeded 318.25%. The chain is issued and has also launched a number of mainstream trading platforms at the same time.

It can be said that this algorithm has maintained high -quality labels in the minds of investors for a long time.

Under normal circumstances, in the financial market that is well versed in the way of "persimmons to pick a soft pinch", the assets with excellent anti -risk ability are rarely dyed by short -term assets. It will make the short -selling institution that always "look forward to".

However, just coincides with the unpreparedness of global turbulence, the market is still shrouded in the crisis of trust in encrypted assets. Any wind and crane about decentralized algorithm stabilizer will cause the entire disk to be soldiers. One fight, take the opportunity to short USDD.

Even if there is a time and place, objectively speaking, in the normal competitive framework, the shark group cannot be completely imposed with the stable and powerful "fleet". Therefore, the shorts chose a series of vicious themes that compare with USE, and played with the topic and speculated, hoping to "secretly attack" from the side or even the yin side.

But for the shortcomings who are accustomed to seeing the stitches, the conclusion and rules of the victory and defeat are not important. In the end, whether or not it is the only concern for them. As a result, a deep shortage of short -selling operations around the USDD and Polo Federal Reserve, which focused on the healthy development of the industry.

If you want to ask the most discussed topic in the financial market, the answer may be "short".

Karlson Brock, the founder of the muddy water mechanism, once described as short:

"They are a group of bloodthirsty sharks, but no opportunities for favorable can be let go."

Compared to investors who look at the bullish, the shortcomings have always made huge profits by buying and falling. Once they are stared at, these institutions will use negative public opinion, control market value, legal lawsuit, and big smashing. When investors' emotions were extremely panic, they left the trend again, and even became large households, and then through a series of dazzling singing and multiple actions, the asset prices were high behind the scenes, and eventually they escaped perfectly and huge cash. Essence

In the eyes of short -term institutions, business ethics seems to be just a burden without emotion. From stocks, foreign exchange, gold to oil, food and property, whether it is ordinary goods, industries, or strategic materials for the people's livelihood, all assets with financial attributes , Can be surrounded as prey.

Behind the short -sighted agency turning around, it is often a turbulence and feathers in the industry.

For example, in 1998, the infamous capital tycoon Soros was short of Thai baht, causing the economy of Thailand and the entire Southeast Asian economy to fall into a crisis; in the first half of 2020, the short -term aimed at Ruixing Coffee, which also caused its stock price to fall in a short time, and even faced the risk of delisting. Essence

This is why Buffett has expressed its investment concepts on this concept:

"You can never make a lot of money by making short."

"Xiangzhuang dance sword, intended to contract"

The result of sorting out this "short -term defense war" also confirmed Buffett's predictions. The strategy of the short short period of time was mainly divided into four steps. It shows that the other party is prepared and has been deliberately for a long time.

1. Large borrowing of USDD:

From May 31st to June 1st, 2022, a TFE wallet address successively borrowed 172 million USDD through Justlend;

2. Sumid the disk and sell USDD:

After more than 10 days of brewing, that is, from June 12-13, 2022, the address was subsequently sold on Kucoin for a short time. The average daily transaction volume of 3 days in the previous few days was 6-10 times. This kind of smashing operation once reduced the minimum USDD price to $ 0.9111.

3. USDD "Acting" causes market panic:

USDD's short -term price plummeted, which naturally reminds people of the LUNA incident in the near future, so the panic of the market began to spread and intensify. From Google Trends Search for keywords, "USDD", "USDD PEG (anchor)" and "USDD Depeg" have suddenly soared since June 13. The market's panic about USDD repeat Luna/USS Essence

4. Emotional emotions, high leverage to short TRX profit:

Obviously, the short price was borrowed 172 million USDDs at a price of $ 1, and the price fell to $ 0.9111, which obviously did not meet its consistent operating logic of its short -term institution. Generally speaking, the short -term institution will first hit the assets of the "sniper" at a low point, and then hold a large amount of bottoming. After the price rises, it sells for profit. Therefore, the shortness is obviously the drunkard. The subsequent results also prove that his goal points to TRX. Because the USDD is issued in the Politaral Chain, and the leading sponsor also includes the Bobo Public Chain, in the eyes of users, the USDD is to the wavefield public chain to the TRX, just like the UST to LUNA. Therefore, while the short market is extremely panicked, the trust crisis brought by the USDD plunge is used to short the TRX on the centralized exchange.

On the Binance Exchange, the transaction volume of TRX/USDT perpetual contract increased significantly on June 13 to 1.06 billion US dollars, which was 10 times the transaction volume of the previous Sunday. Real 534%of historical records. In the end, TRX fell to 0.04567 on June 15, 2022. Compared with the closing price of 0.07605 on June 12, 2022, the decline reached 40%.

They have long been predicted that TRX will inevitably be affected by USDD's short -term decline, and they only need to perform high leverage operations in the direction of the quasi -quota, and they will get dozens of or even hundreds of times of profits. It's okay to say.

From the perspective of re -examination, this is a short force of unknown identity and the way to come. At a specific time point and specific occasion, deliberately use market errors cognition and panic, sell USDD on the bright side, causing TRX prices to fall, and then fell, and then Secretly, with the help of conventional contract trading methods, high leverage short -term TRX to obtain huge income.

It is worth noting that the current USDD price has returned to $ 1, and the price of TRX no longer fluctuates, and it has gradually risen to the previous position. The most important thing is that the short -term fluctuations of USDD and TRX are not the problem of the project itself, but the malicious control and interference of external forces. This is a very small probability black swan incident.

Through the experience of this incident, the Polida Public Chain and Polish Federal Reserve will also increase their ability to fight accidental risks and protect user asset safety.

Multi -strategies come out, put the shark into the "iron cage"

In the eyes of Bori Federal Reserve, although the opponent's profit method is difficult to recognize, after all, the rules of the financial market's game is extremely cruel, just like the species of sharks. Although it is cruel, it is still a part of the marine food chain. Products of harmony.

Therefore, compared with moral condemnation, the Bo Federal Reserve is more concerned about the self -improvement of the teacher's shark, and the solid wall, and put the shark into a cage.

On the one hand, whether users and investors can see a series of operating logic of the short -term shortcomings, to understand the many mysteries in the financial market and the group's hearts in order to obtain long -term value in the field of value investment, or to get the maximum to the maximum in short -term high -frequency transactions in short -term high -frequency transactions The income, notifying that if it is professional, there are many outstanding masters in these short -term institutions.

On the other hand, while treating this incident rationally, the Polish Federal Reserve observes and recognizes that the industry's prosperity, the stability of assets, the user's rights and interests, and the risk control are the core foundation of the entire Web3 world. Holding this foundation is completely consistent with the purpose and concept of the Polish Federal Reserve. In the future, the Fed Fed will also maintain the stability of USDD prices through a series of means:

First of all, the central bank of the USDD 1.0 version will promulgate a series of professional and flexible monetary policies to provide a basis and help for subsequent anti -shorts;

Not only that, the subsequent wave Federal Reserve will also set the interest rate of USDD with the cooperation agency/agreement, with interest rates as "anti -anti -weapons", in response to market turmoil and short invasion;

At the same time, drawing on the approach of central banks of various countries, the Polish Federal Reserve is still increasing the "anchor point" and decentralized risks to USDD. Through the method of buying and selling secondary market bonds, buying or selling USDD and TRX/BTC/USDT/USDC and other reserves Assets to achieve the value of USDD;

Finally, in order to prevent such black swan incidents from the source, the Fed Federal Reserve will also cooperate with some market institutions (such as Justlend, CEX, etc.) to control USDD and TRX borrowings from the root end, and even close USDD and TRX borrowings The possibility of completely blocked the market maliciously.

In particular, in response to the mutual casting and destruction relationship between TRX and USDD, the Polish Federal Reserve will open or close the casting process in the form of decentralization according to the actual casting situation, set the cast anchor price, set a single -day casting for single -day casting Multi -means with the destruction limit to maintain the stable USDD currency value. In the end, the Polish Federal Reserve is also committed to exploring the actual application scenarios of USDD in Web3, increasing the ability to resist risk.

In a macro perspective, although the financial rules of the best survival will not change, by trying to figure out the opponents' warfare and the improvement of the rules, the Polish Federal Reserve still has confidence to end the "cryptocurrency defense war" in the future with a victory situation.

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