MakerDAO Co-Founder: MIM and UST are 'Solid' Ponzi Schemes

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$MIM and $UST are Ponzi schemes, according to MakerDAO co-founder (he also says that he respects it)

The developer noted that the two digital assets are not built for and are going to become victims of abnormal volatility and drop to zero. Christensen has also asked to stop scam users that are being used as"exit liquidity."

Look, UST and MIM are solid ponzis and I respect that. You can make good money off them for sure. But they are not built for resilience and they are going to 0 once the market turns for real

 

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