Guide to Buying Crypto Without KYC Verification - Top 10 Platforms Included

[bubbledouble]

hmmm, guys, do you know Exodus?
https://www.exodus.com/
There is no way where you have to provide any ID - and you can exchange on changelly etc. without any ID - so I guess if you use a PC in a library or any public place i.e. netcafe or something you can stay totally anonymous. Wearing sunglasses and a cap makes you almost invisible.

So if you use a P2P service to exchange to FIAT and cash - where is the problem now ?

 

[diro]

5K1PP3R said:
I wonder why people don't switch to USDD?
Click to expand...

very hard to trade it, can't find any good exchange.

 

[dany]

gh0p said:
Yes DAI on the Ethereum chain that's correct (metamask works).

If the address your competitor/corporate malicious party knows is an exchange address of Kraken or Binance they can see that it's on the given exchange as these are publicly available or at least very easy to trace. Same goes if you gave a middle wallet which then goes to a big CEX. Regardless of what actions you took once the coins were in the exchange a malicious third party without authorized warrant etc. usually won't be able to see what you're doing with the funds as majority of the funds of all users of the exchange are mixed together. Doing exact amount withdraws e.g you input 100K USDT convert to fiat and then exchange to USDT exactly 100k could potentially make the withdraw of interest to the malicious third party if they are looking at the outflow wallets of the given exchange (timing/changing amount important). They can however report the initial address which in turn will get the funds frozen by the CEX at least temporarily while they look at the claim.
Click to expand...

So, I would need to transfer 100K to the exchange, exchange smaller amounts i.e. 10K to FIAT, next day say 16K to Fiat, next day 45K to FIAT and so on - then I take the FIAT which is still in the exchange and start over this time take 10K and put into LTC, next day 45K into BTC and so on. Then I exchange it all in 3 portions to XMR and from there to FIAT and to an EMI and out to my local bank!

Now no one can trace the funds right?

 

[wellington]

jafo said:
A target for what or whom?
Click to expand...

It was an example - US

So multiple three letter agencies as stablecoins pegged with the dollar are under SDNY

dany said:
So, I would need to transfer 100K to the exchange, exchange smaller amounts i.e. 10K to FIAT, next day say 16K to Fiat, next day 45K to FIAT and so on - then I take the FIAT which is still in the exchange and start over this time take 10K and put into LTC, next day 45K into BTC and so on. Then I exchange it all in 3 portions to XMR and from there to FIAT and to an EMI and out to my local bank!

Now no one can trace the funds right?
Click to expand...

What.

dany said:
So, I would need to transfer 100K to the exchange, exchange smaller amounts i.e. 10K to FIAT, next day say 16K to Fiat, next day 45K to FIAT and so on - then I take the FIAT which is still in the exchange and start over this time take 10K and put into LTC, next day 45K into BTC and so on. Then I exchange it all in 3 portions to XMR and from there to FIAT and to an EMI and out to my local bank!

Now no one can trace the funds right?
Click to expand...

What. Textbook laundering alarms going off.


””””

Just a side note people should research CAT basically all exchanges and all fiat and all securities are linked via direct or indirect cross origin paths.

””””

Only way to get crypto private is in person and even then you could either get dirty / tagged crypto or robbed / shot or it could be a agency plant or undercover (see indictments)

Using centralized exchanges and even decentralized always has data sharing or crumbs so there is never any privacy

Then there's the fact when you connect to the blockchain by reading the value or sending a transaction you are finger printed and IP tagged.

 

[clemens]

Let's say we decide to follow some of the advice and examples in this thread, but add one detail: at no point do we reveal our true identities (this is purely hypothetical, so let's go with it). Transactions are done from various internet cafes. In the end, the money is converted into either physical gold bought with crypto or into EUR/CHF/USD, and then made to disappear somewhere.

Now, I'd be curious to know how anyone would track down my gold buried 80 meters deep in a forest in another country or my cash vacuum-sealed and buried under a house with concrete floors.

Toggle signature
One of my favorit articles in Mentor Group ~ Sending money anonymously archieve Financial Anonymity

 

[jafo]

clemens said:
Let's say we decide to follow some of the advice and examples in this thread, but add one detail: at no point do we reveal our true identities (this is purely hypothetical, so let's go with it). Transactions are done from various internet cafes. In the end, the money is converted into either physical gold bought with crypto or into EUR/CHF/USD, and then made to disappear somewhere.

Now, I'd be curious to know how anyone would track down my gold buried 80 meters deep in a forest in another country or my cash vacuum-sealed and buried under a house with concrete floors.
Click to expand...

They can't! Nobody is looking for us unless we're a high-priced target like Pavel, Roger Ver, John McAfee, etc.

If you only knew how many crime tips are reported here: Electronic Tip Form | FBI on an hourly basis, it would shock the bejesus out of you!

Government employees are like the employees I once had...they look busy ALL day long but don't really do anything! Why should they? It's free money!

 

[wellington]

clemens said:
Let's say we decide to follow some of the advice and examples in this thread, but add one detail: at no point do we reveal our true identities (this is purely hypothetical, so let's go with it). Transactions are done from various internet cafes. In the end, the money is converted into either physical gold bought with crypto or into EUR/CHF/USD, and then made to disappear somewhere.

Now, I'd be curious to know how anyone would track down my gold buried 80 meters deep in a forest in another country or my cash vacuum-sealed and buried under a house with concrete floors.
Click to expand...

How will you explain wealth under an unexplained wealth order?

Even if you make cash disappear at some point you need to realize it into cash or an asset - you won't be able to explain.

And vice versa for crypto to fiat to assets

 

[redeye]

0xDEADBEEF said:
Apparently quite a bunch: USDD | Decentralized Stablecoin Protocol
Click to expand...

is that a wallet ?

Toggle signature
Only the early bird catches the worm.

 

[JackAlabama]

jafo said:
They can't! Nobody is looking for us unless we're a high-priced target like Pavel, Roger Ver, John McAfee, etc.

If you only knew how many crime tips are reported here: Electronic Tip Form | FBI on an hourly basis, it would shock the bejesus out of you!

Government employees are like the employees I once had...they look busy ALL day long but don't really do anything! Why should they? It's free money!
Click to expand...

exactly this is it. Its like going down the street to your post office.

 

[5K1PP3R]

New DAI has a freeze function. Olympus has fallen

Maker, which just rebranded to Sky, announced a new version of its $5 billion stablecoin DAI but crypto enthusiasts weren't impressed.
The new token called USDS apparently has a piece of code that would allow the issuer to remotely freeze the asset, observers pointed out.

https://www.coindesk.com/tech/2024/...roversial-stablecoin-change/?lid=7y1qkrh6leqn

 

[jafo]

5K1PP3R said:
New DAI has a freeze function. Olympus has fallen

Maker, which just rebranded to Sky, announced a new version of its $5 billion stablecoin DAI but crypto enthusiasts weren't impressed.
The new token called USDS apparently has a piece of code that would allow the issuer to remotely freeze the asset, observers pointed out.

https://www.coindesk.com/tech/2024/...roversial-stablecoin-change/?lid=7y1qkrh6leqn
Click to expand...

Yep....all this is done with OUR tax money! Those who keep paying those miserable taxes are giving ammunition to shoot us with!
Think this through!

PS. Besides Bitcoin and Monero, are there any other really decentralized crypto left that can't be frozen? 🙄
They are buying Bitcoin with our tax money (i.e., pensions), but Monero they just couldn't convince the recalcitrant developers.

5K1PP3R said:
New DAI has a freeze function. Olympus has fallen

Maker, which just rebranded to Sky, announced a new version of its $5 billion stablecoin DAI but crypto enthusiasts weren't impressed.
The new token called USDS apparently has a piece of code that would allow the issuer to remotely freeze the asset, observers pointed out.

https://www.coindesk.com/tech/2024/...roversial-stablecoin-change/?lid=7y1qkrh6leqn
Click to expand...

Also, gentlemen, if you can NOT physically take out the enemy... do NOT snitch on the enemy! You'll end up dead!

MakerDAO co-founder found dead after tweets of sex trafficking by CIA.

Now, we have to deal with his sh1t! Was he a developer, or did he hallucinate he was Jason Bourne, too? 🙄

Last edited: Sep 6, 2024

 

[5K1PP3R]

jafo said:
PS. Besides Bitcoin and Monero, are there any other really decentralized crypto left that can't be frozen? 🙄
Click to expand...

• DAI (MakerDAO)
  • Issuer: Governed by MakerDAO
  • Mechanism: Overcollateralized, backed by crypto assets
  • Blockchain: Ethereum
  • Can be frozen: No direct freeze function. Theoretically, MakerDAO could implement changes through voting, but highly unlikely.
• LUSD (Liquity)
  • Issuer: Developed by Liquity
  • Mechanism: Overcollateralized, backed by ETH
  • Blockchain: Ethereum
  • Can be frozen: No. Fully decentralized without freezing capability.
• FRAX
  • Issuer: Developed by Frax Finance
  • Mechanism: Partially collateralized, partially algorithmic
  • Blockchain: Ethereum, with plans for multi-chain expansion
  • Can be frozen: No direct function. Governance is decentralized, but changes theoretically possible through DAO.
• RAI (Reflexer)
  • Issuer: Developed by Reflexer Labs
  • Mechanism: Fully algorithmic with a "floating" peg
  • Blockchain: Ethereum
  • Can be frozen: No. Autonomous system without centralized control.
• sUSD (Synthetix)
  • Issuer: Governed by Synthetix DAO
  • Mechanism: Synthetic, backed by SNX tokens
  • Blockchain: Primarily Ethereum
  • Can be frozen: No direct function. DAO-governed, but changes theoretically possible.
• USDD (Tron)
  • Issuer: Tron DAO and Justin Sun
  • Mechanism: Algorithmic, uses TRX to control supply
  • Blockchain: Tron, with support for Ethereum and BNB Chain
  • Can be frozen: Potentially yes. Tron DAO has significant control.
• FEI
  • Issuer: Developed by Fei Labs
  • Mechanism: Partially collateralized algorithmic stablecoin
  • Blockchain: Ethereum
  • Can be frozen: No direct function. DAO-governed, but changes possible.
• mUSD (mStable)
  • Issuer: Developed by mStable
  • Mechanism: Meta-stablecoin, combining other stablecoins
  • Blockchain: Ethereum
  • Can be frozen: No direct function. DAO-governed.
• OUSD (Origin Dollar)
  • Issuer: Developed by Origin Protocol
  • Mechanism: Yield-bearing stablecoin
  • Blockchain: Ethereum
  • Can be frozen: No direct function. Managed by smart contracts.
• USDN (Neutrino USD)
  • Issuer: Developed by Waves Platform
  • Mechanism: Algorithmic
  • Blockchain: Waves
  • Can be frozen: Potentially yes. Waves Platform has significant influence.
• USDP (PaxDollar)
  • Issuer: Issued by Paxos
  • Mechanism: Backed by US dollars
  • Blockchain: Ethereum
  • Can be frozen: Yes. Paxos can freeze funds.
• GUSD (Gemini Dollar)
  • Issuer: Issued by Gemini
  • Mechanism: Backed by US dollars
  • Blockchain: Ethereum
  • Can be frozen: Yes. Gemini can freeze funds.
• SUSD (sUSD from Synthetix)
  • Issuer: Governed by Synthetix DAO
  • Mechanism: Synthetic, backed by SNX
  • Blockchain: Ethereum
  • Can be frozen: Same as sUSD above.
• FLOAT (Float Protocol)
  • Issuer: Developed by Float Protocol team
  • Mechanism: Algorithmic with floating peg
  • Blockchain: Ethereum
  • Can be frozen: No. Fully algorithmic.
• AMPL (Ampleforth)
  • Issuer: Developed by Ampleforth Foundation
  • Mechanism: Supply rebalancing to maintain value
  • Blockchain: Ethereum
  • Can be frozen: No. Autonomous rebalancing system.
• MAI (MIMATIC)
  • Issuer: Developed by QiDao
  • Mechanism: Overcollateralized
  • Blockchain: Polygon, with support for other networks
  • Can be frozen: No direct function. Managed by smart contracts.
• USDJ (JUST)
  • Issuer: Developed by JUST Foundation
  • Mechanism: Backed by TRX
  • Blockchain: Tron
  • Can be frozen: Potentially yes. Connected to Tron ecosystem.
• PAR (Parallel)
  • Issuer: Developed by Parallel Finance
  • Mechanism: Overcollateralized
  • Blockchain: Polkadot ecosystem
  • Can be frozen: No direct function. DAO-governed.
• CUSD (Celo Dollar)
  • Issuer: Developed by Celo Foundation
  • Mechanism: Algorithmic, backed by crypto assets
  • Blockchain: Celo
  • Can be frozen: No direct function. Algorithmically managed.
• RSV (Reserve)
  • Issuer: Developed by Reserve
  • Mechanism: Backed by a basket of assets
  • Blockchain: Ethereum
  • Can be frozen: No direct function. Managed by smart contracts.
• USDB (U.S. Digital Bond)
  • Issuer: Developed by BondAppétit
  • Mechanism: Backed by real-world assets
  • Blockchain: Ethereum
  • Can be frozen: Potentially yes. Depends on real-world assets.
• UXD (UXD Protocol)
  • Issuer: Developed by UXD Protocol team
  • Mechanism: Delta-neutral
  • Blockchain: Solana
  • Can be frozen: No direct function. Algorithmically managed.
• EOSDT (Equilibrium)
  • Issuer: Developed by Equilibrium
  • Mechanism: Overcollateralized
  • Blockchain: EOS
  • Can be frozen: No direct function. Managed by smart contracts.
• ZUSD (Zero USD)
  • Issuer: Developed by Zero Exchange
  • Mechanism: Algorithmic
  • Blockchain: Avalanche
  • Can be frozen: No direct function. Algorithmic.

 

[jafo]

5K1PP3R said:

• DAI (MakerDAO)
  • Issuer: Governed by MakerDAO
  • Mechanism: Overcollateralized, backed by crypto assets
  • Blockchain: Ethereum
  • Can be frozen: No direct freeze function. Theoretically, MakerDAO could implement changes through voting, but highly unlikely.
• LUSD (Liquity)
  • Issuer: Developed by Liquity
  • Mechanism: Overcollateralized, backed by ETH
  • Blockchain: Ethereum
  • Can be frozen: No. Fully decentralized without freezing capability.
• FRAX
  • Issuer: Developed by Frax Finance
  • Mechanism: Partially collateralized, partially algorithmic
  • Blockchain: Ethereum, with plans for multi-chain expansion
  • Can be frozen: No direct function. Governance is decentralized, but changes theoretically possible through DAO.
• RAI (Reflexer)
  • Issuer: Developed by Reflexer Labs
  • Mechanism: Fully algorithmic with a "floating" peg
  • Blockchain: Ethereum
  • Can be frozen: No. Autonomous system without centralized control.
• sUSD (Synthetix)
  • Issuer: Governed by Synthetix DAO
  • Mechanism: Synthetic, backed by SNX tokens
  • Blockchain: Primarily Ethereum
  • Can be frozen: No direct function. DAO-governed, but changes theoretically possible.
• USDD (Tron)
  • Issuer: Tron DAO and Justin Sun
  • Mechanism: Algorithmic, uses TRX to control supply
  • Blockchain: Tron, with support for Ethereum and BNB Chain
  • Can be frozen: Potentially yes. Tron DAO has significant control.
• FEI
  • Issuer: Developed by Fei Labs
  • Mechanism: Partially collateralized algorithmic stablecoin
  • Blockchain: Ethereum
  • Can be frozen: No direct function. DAO-governed, but changes possible.
• mUSD (mStable)
  • Issuer: Developed by mStable
  • Mechanism: Meta-stablecoin, combining other stablecoins
  • Blockchain: Ethereum
  • Can be frozen: No direct function. DAO-governed.
• OUSD (Origin Dollar)
  • Issuer: Developed by Origin Protocol
  • Mechanism: Yield-bearing stablecoin
  • Blockchain: Ethereum
  • Can be frozen: No direct function. Managed by smart contracts.
• USDN (Neutrino USD)
  • Issuer: Developed by Waves Platform
  • Mechanism: Algorithmic
  • Blockchain: Waves
  • Can be frozen: Potentially yes. Waves Platform has significant influence.
• USDP (PaxDollar)
  • Issuer: Issued by Paxos
  • Mechanism: Backed by US dollars
  • Blockchain: Ethereum
  • Can be frozen: Yes. Paxos can freeze funds.
• GUSD (Gemini Dollar)
  • Issuer: Issued by Gemini
  • Mechanism: Backed by US dollars
  • Blockchain: Ethereum
  • Can be frozen: Yes. Gemini can freeze funds.
• SUSD (sUSD from Synthetix)
  • Issuer: Governed by Synthetix DAO
  • Mechanism: Synthetic, backed by SNX
  • Blockchain: Ethereum
  • Can be frozen: Same as sUSD above.
• FLOAT (Float Protocol)
  • Issuer: Developed by Float Protocol team
  • Mechanism: Algorithmic with floating peg
  • Blockchain: Ethereum
  • Can be frozen: No. Fully algorithmic.
• AMPL (Ampleforth)
  • Issuer: Developed by Ampleforth Foundation
  • Mechanism: Supply rebalancing to maintain value
  • Blockchain: Ethereum
  • Can be frozen: No. Autonomous rebalancing system.
• MAI (MIMATIC)
  • Issuer: Developed by QiDao
  • Mechanism: Overcollateralized
  • Blockchain: Polygon, with support for other networks
  • Can be frozen: No direct function. Managed by smart contracts.
• USDJ (JUST)
  • Issuer: Developed by JUST Foundation
  • Mechanism: Backed by TRX
  • Blockchain: Tron
  • Can be frozen: Potentially yes. Connected to Tron ecosystem.
• PAR (Parallel)
  • Issuer: Developed by Parallel Finance
  • Mechanism: Overcollateralized
  • Blockchain: Polkadot ecosystem
  • Can be frozen: No direct function. DAO-governed.
• CUSD (Celo Dollar)
  • Issuer: Developed by Celo Foundation
  • Mechanism: Algorithmic, backed by crypto assets
  • Blockchain: Celo
  • Can be frozen: No direct function. Algorithmically managed.
• RSV (Reserve)
  • Issuer: Developed by Reserve
  • Mechanism: Backed by a basket of assets
  • Blockchain: Ethereum
  • Can be frozen: No direct function. Managed by smart contracts.
• USDB (U.S. Digital Bond)
  • Issuer: Developed by BondAppétit
  • Mechanism: Backed by real-world assets
  • Blockchain: Ethereum
  • Can be frozen: Potentially yes. Depends on real-world assets.
• UXD (UXD Protocol)
  • Issuer: Developed by UXD Protocol team
  • Mechanism: Delta-neutral
  • Blockchain: Solana
  • Can be frozen: No direct function. Algorithmically managed.
• EOSDT (Equilibrium)
  • Issuer: Developed by Equilibrium
  • Mechanism: Overcollateralized
  • Blockchain: EOS
  • Can be frozen: No direct function. Managed by smart contracts.
• ZUSD (Zero USD)
  • Issuer: Developed by Zero Exchange
  • Mechanism: Algorithmic
  • Blockchain: Avalanche
  • Can be frozen: No direct function. Algorithmic.

Click to expand...

@5K1PP3R
Question: Can the underlying ETH guaranteeing the crypto be frozen, though? 🙄

PS. I prefer to get it wrong here than IRL.

5K1PP3R said:
New DAI has a freeze function. Olympus has fallen

Maker, which just rebranded to Sky, announced a new version of its $5 billion stablecoin DAI but crypto enthusiasts weren't impressed.
The new token called USDS apparently has a piece of code that would allow the issuer to remotely freeze the asset, observers pointed out.

https://www.coindesk.com/tech/2024/...roversial-stablecoin-change/?lid=7y1qkrh6leqn
Click to expand...

BTW, @5K1PP3R did you see this? This is how Monero transactions are traced

 

[wellington]

5K1PP3R said:
Maker, which just rebranded to Sky, announced a new version of its $5 billion stablecoin DAI but crypto enthusiasts weren't impressed.


https://www.coindesk.com/tech/2024/...roversial-stablecoin-change/?lid=7y1qkrh6leqn
Click to expand...

Not DAI, the new version, DAI will continue... people can opt to move, i doubt many will...

Aside from that there's a few new ones, one connected to Arthur Hayes, so there's alternatives.

Ethena Arthur Hayes connected Stablecoin

Turns out that has also... https://etherscan.io/token/0x9d39a5de30e57443bff2a8307a4256c8797a3497#writeContract

So i suppose BTC for the criminals (should pump bags).

 

[5K1PP3R]

jafo said:
Question: Can the underlying ETH guaranteeing the crypto be frozen, though? 🙄
Click to expand...

• For Ethereum-based stablecoins (like DAI, LUSD, FRAX, etc.):
  • The ETH itself cannot be frozen on the Ethereum blockchain. Ethereum is designed to be censorship-resistant.
  • However, the smart contracts governing these stablecoins could theoretically be upgraded or paused, which might affect access to the collateral.
• For stablecoins using wrapped ETH (WETH) as collateral:
  • WETH is an ERC-20 token representation of ETH. While the underlying ETH can't be frozen, the WETH contract could potentially be paused if it has such functionality (most don't).

Smart Contract Pauses:

• Compound: In September 2021, a bug in Compound's smart contract led to excessive COMP token distributions. The team paused the ability to claim COMP tokens while fixing the issue.
• Synthetix: In June 2019, Synthetix briefly paused all trading and transfers due to an oracle issue that allowed a bot to profit from incorrect exchange rates.
• MakerDAO: During the March 2020 crypto market crash, MakerDAO implemented an emergency shutdown to prevent under-collateralized CDPs.

so theoretically it is possible to pause a smart contract

To date, there have been no known cases where MakerDAO or similar decentralized DAOs have directly frozen assets due to a request from law enforcement or a governmental authority. This is primarily due to the decentralized nature of these platforms, which are governed by smart contracts and often controlled through token-holder governance rather than centralized control. Here are some key points related to law enforcement and asset freezes in the context of DAOs and smart contracts:

MakerDAO and Other DAOs:​

• Decentralization: MakerDAO, like other decentralized protocols, is built on smart contracts that execute autonomously based on predefined rules. The core design of these protocols typically doesn't include centralized control that can be used to freeze or seize assets based on external requests. The governance of MakerDAO is handled by token holders (MKR holders), who vote on upgrades or changes to the protocol.

Click to expand...

To understand how MakerDAO could potentially pause a contract, we need to consider their governance structure and smart contract design. Here's a step-by-step breakdown:

1. Governance Proposal:
   • A member of the MakerDAO community would first need to submit a formal governance proposal.
   • This proposal would detail the reason for pausing the contract and the specific actions to be taken.
2. Community Discussion:
   • The proposal would be discussed in MakerDAO forums and community channels.
   • This period allows for debate, refinement of the proposal, and building consensus.
3. Executive Vote:
   • If the proposal gains traction, it moves to an on-chain executive vote.
   • MKR token holders vote on the proposal, with voting power proportional to their MKR holdings.

Click to expand...

so yeah it is def much more complicated than just copy paste an address into Blacklisted table

Last edited: Sep 6, 2024

 

[jafo]

5K1PP3R said:

• For Ethereum-based stablecoins (like DAI, LUSD, FRAX, etc.):
  • The ETH itself cannot be frozen on the Ethereum blockchain. Ethereum is designed to be censorship-resistant.
  • However, the smart contracts governing these stablecoins could theoretically be upgraded or paused, which might affect access to the collateral.
• For stablecoins using wrapped ETH (WETH) as collateral:
  • WETH is an ERC-20 token representation of ETH. While the underlying ETH can't be frozen, the WETH contract could potentially be paused if it has such functionality (most don't).

Smart Contract Pauses:

• Compound: In September 2021, a bug in Compound's smart contract led to excessive COMP token distributions. The team paused the ability to claim COMP tokens while fixing the issue.
• Synthetix: In June 2019, Synthetix briefly paused all trading and transfers due to an oracle issue that allowed a bot to profit from incorrect exchange rates.
• MakerDAO: During the March 2020 crypto market crash, MakerDAO implemented an emergency shutdown to prevent under-collateralized CDPs.

so theoretically it is possible to pause a smart contract




so yeah it is def much more complicated than just copy paste an address into Blacklisted table
Click to expand...

Thank you very much for this thorough explanation! It's much appreciated!

 

[boomy]

jafo said:
Several people here have convinced me to swap to Bitcoin (or whatever your choice is) right away! The Chinese suppliers move to Â¥ within minutes. 😉
Click to expand...

Right now you are not doing very well with your Bitcoins right ?

The guide is a perfect information source for non KYC crypto, something where I learned a little more today.

 

[Mercury]

boomy said:
Right now you are not doing very well with your Bitcoins right ?
Click to expand...

"Right now you are doing very well with your Bitcoins right ?"

Keep this quote too, you'll need it sooner than later.

 

[dirtyharry]

5K1PP3R said:

• DAI (MakerDAO)
  • Issuer: Governed by MakerDAO
  • Mechanism: Overcollateralized, backed by crypto assets
  • Blockchain: Ethereum
  • Can be frozen: No direct freeze function. Theoretically, MakerDAO could implement changes through voting, but highly unlikely.
• LUSD (Liquity)
  • Issuer: Developed by Liquity
  • Mechanism: Overcollateralized, backed by ETH
  • Blockchain: Ethereum
  • Can be frozen: No. Fully decentralized without freezing capability.
• FRAX
  • Issuer: Developed by Frax Finance
  • Mechanism: Partially collateralized, partially algorithmic
  • Blockchain: Ethereum, with plans for multi-chain expansion
  • Can be frozen: No direct function. Governance is decentralized, but changes theoretically possible through DAO.
• RAI (Reflexer)
  • Issuer: Developed by Reflexer Labs
  • Mechanism: Fully algorithmic with a "floating" peg
  • Blockchain: Ethereum
  • Can be frozen: No. Autonomous system without centralized control.
• sUSD (Synthetix)
  • Issuer: Governed by Synthetix DAO
  • Mechanism: Synthetic, backed by SNX tokens
  • Blockchain: Primarily Ethereum
  • Can be frozen: No direct function. DAO-governed, but changes theoretically possible.
• USDD (Tron)
  • Issuer: Tron DAO and Justin Sun
  • Mechanism: Algorithmic, uses TRX to control supply
  • Blockchain: Tron, with support for Ethereum and BNB Chain
  • Can be frozen: Potentially yes. Tron DAO has significant control.
• FEI
  • Issuer: Developed by Fei Labs
  • Mechanism: Partially collateralized algorithmic stablecoin
  • Blockchain: Ethereum
  • Can be frozen: No direct function. DAO-governed, but changes possible.
• mUSD (mStable)
  • Issuer: Developed by mStable
  • Mechanism: Meta-stablecoin, combining other stablecoins
  • Blockchain: Ethereum
  • Can be frozen: No direct function. DAO-governed.
• OUSD (Origin Dollar)
  • Issuer: Developed by Origin Protocol
  • Mechanism: Yield-bearing stablecoin
  • Blockchain: Ethereum
  • Can be frozen: No direct function. Managed by smart contracts.
• USDN (Neutrino USD)
  • Issuer: Developed by Waves Platform
  • Mechanism: Algorithmic
  • Blockchain: Waves
  • Can be frozen: Potentially yes. Waves Platform has significant influence.
• USDP (PaxDollar)
  • Issuer: Issued by Paxos
  • Mechanism: Backed by US dollars
  • Blockchain: Ethereum
  • Can be frozen: Yes. Paxos can freeze funds.
• GUSD (Gemini Dollar)
  • Issuer: Issued by Gemini
  • Mechanism: Backed by US dollars
  • Blockchain: Ethereum
  • Can be frozen: Yes. Gemini can freeze funds.
• SUSD (sUSD from Synthetix)
  • Issuer: Governed by Synthetix DAO
  • Mechanism: Synthetic, backed by SNX
  • Blockchain: Ethereum
  • Can be frozen: Same as sUSD above.
• FLOAT (Float Protocol)
  • Issuer: Developed by Float Protocol team
  • Mechanism: Algorithmic with floating peg
  • Blockchain: Ethereum
  • Can be frozen: No. Fully algorithmic.
• AMPL (Ampleforth)
  • Issuer: Developed by Ampleforth Foundation
  • Mechanism: Supply rebalancing to maintain value
  • Blockchain: Ethereum
  • Can be frozen: No. Autonomous rebalancing system.
• MAI (MIMATIC)
  • Issuer: Developed by QiDao
  • Mechanism: Overcollateralized
  • Blockchain: Polygon, with support for other networks
  • Can be frozen: No direct function. Managed by smart contracts.
• USDJ (JUST)
  • Issuer: Developed by JUST Foundation
  • Mechanism: Backed by TRX
  • Blockchain: Tron
  • Can be frozen: Potentially yes. Connected to Tron ecosystem.
• PAR (Parallel)
  • Issuer: Developed by Parallel Finance
  • Mechanism: Overcollateralized
  • Blockchain: Polkadot ecosystem
  • Can be frozen: No direct function. DAO-governed.
• CUSD (Celo Dollar)
  • Issuer: Developed by Celo Foundation
  • Mechanism: Algorithmic, backed by crypto assets
  • Blockchain: Celo
  • Can be frozen: No direct function. Algorithmically managed.
• RSV (Reserve)
  • Issuer: Developed by Reserve
  • Mechanism: Backed by a basket of assets
  • Blockchain: Ethereum
  • Can be frozen: No direct function. Managed by smart contracts.
• USDB (U.S. Digital Bond)
  • Issuer: Developed by BondAppétit
  • Mechanism: Backed by real-world assets
  • Blockchain: Ethereum
  • Can be frozen: Potentially yes. Depends on real-world assets.
• UXD (UXD Protocol)
  • Issuer: Developed by UXD Protocol team
  • Mechanism: Delta-neutral
  • Blockchain: Solana
  • Can be frozen: No direct function. Algorithmically managed.
• EOSDT (Equilibrium)
  • Issuer: Developed by Equilibrium
  • Mechanism: Overcollateralized
  • Blockchain: EOS
  • Can be frozen: No direct function. Managed by smart contracts.
• ZUSD (Zero USD)
  • Issuer: Developed by Zero Exchange
  • Mechanism: Algorithmic
  • Blockchain: Avalanche
  • Can be frozen: No direct function. Algorithmic.

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What great list, thank you!

Would have been nice to mark the Yes and No with Green and RED color or something so it was easy to see which one to use.

 

[jafo]

boomy said:
Right now you are not doing very well with your Bitcoins right ?
Click to expand...

I don't understand this question.

I also don't use exchanges. I haven't swapped crypto to FIAT on any exchange in more than six years. Exchanges, IMO, are like banks. They are honeypots! It's a 2/3 multisig. The banks has 1 and the "gang members in gov." have another 1. The 2 of them don't need me to rob me. They will NOT let their stupid kids (bad gene pool) starve so I can maintain my opulent lifestyle with MY hard-earned money! stupi#21

Furthermore, I exchanged a massive excess USDâ‚® (profit) into Bitcoin when Bitcoin dropped below $15K, so now I am just "chilling." I don't need the money! IOW, I don't need the "ammunition," but in my hands, in my possession, by me HOARDING it, it will NOT be used against "unarmed" innocent people to ROB them by outgunning them. 😉

dirtyharry said:
Would have been nice to mark the Yes and No with Green and RED color or something so it was easy to see which one to use.
Click to expand...

What stops you from doing it and posting it? 🙄