InvestorsHub Logo
Followers 16
Posts 1734
Boards Moderated 2
Alias Born 01/28/2021

Re: None

Thursday, 06/09/2022 4:35:12 PM

Thursday, June 09, 2022 4:35:12 PM

Post# of 602
I read on a TG post that "some" Smart Defi tokens are asking FEG to reopen trading for them.

FEG states that they do not yet have a fix for the...ahem...exploit. I don't see how in the world that FEG can allow tokens to trade on FegEx if there is no fix and the liquidity has been...ahem...pilfered.

This all makes no sense. I read a lot of talk but do not read any answers. I have a good chunk of change (now near worthless) in the handful or so of SD tokens that I own. But I sure am NOT about to want to trade them on an exchange that is, as of now, still unsafe.

One of my personal mottos is "There is always time to do things right ONE TIME". I implore the FEG team to test, retest and test again the fixes that they are working to implement. Test it until it is foolproof. Then, audit it to death and have a second set of probing eyes audit it.

It is critical to whatever arises from the FEG debacle to be bulletproof and user friendly. It is critical that people can have the ability to recoup massive losses. It is essential that the legit SD developers have a clear and unobstructed path to proceed with their projects.

Acquiescing to a certain group to re-allow trading on a known, suspect platform is reckless. It must not happen.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.