CAUSE OF DEATH
Fourteen Wolves Guard the Sheep
Here we observe a most curious specimen of the financial ecosystem—a token that achieved the remarkable feat of simultaneously being alive and utterly deceased. With fourteen holders controlling one hundred percent of supply, we witness nature's perfect example of centralization: a stablecoin so stable, so perfectly balanced, that it has essentially achieved the volatility profile of a monument.
CAUSE OF DEATH
Extreme concentration masquerading as legitimacy
EPITAPH
"It had all the credentials of a real stablecoin and none of the decentralization—a wolf in sheep's clothing, if the sheep consisted of exactly fourteen wolves."