DUSA News

2022-07-15 12:55:51 You can win one of these exclusive NFTs at the upcoming contests. Keep subscribed to learn details first. Open / Comment

2022-07-15 12:55:18 Sad Presidents Collection Released

WASHINGTON, July 15, 2022 - The official DUSA NFT collection has been released: https://grandbazar.io/collection/dusa-one-trillion-dollar-coins

“Should President Obama be willing to print a $1 trillion platinum coin if Republicans try to force America into default? Yes, absolutely,” said Paul Krugman, the famous American economist.

To attract more attention to our initiative, we decided to mint one trillion debt dollars NFT coins (OTDC) that we will distribute for free among the most active community members.

The total number of all OTDCs will equal the level of the US National Debt and consist of several editions released gradually after reaching important initiative milestones.

The first edition is named “Sad Presidents,” which includes five coins nominated for $1tn each.

It symbolizes the feelings of famous American leaders of the past, who have devoted their lives to the prosperity of the US and happened to travel through time to modern days. Open / Comment

2022-07-01 20:47:02 Tokens minting announcement

WASHINGTON, Jul 1, 2022 - $30.5T debt is closer than it seems. Additional $54.7 $DUSA were minted to follow the U.S. #NationalDebt level. Open / Comment

2022-05-23 18:07:32 Tokens minting announcement

WASHINGTON, May 23, 2022 - The calm didn't last long. Despite toughening the monetary policy, the U.S. National Debt has restarted its growth. The $DUSA supply was increased by $35bn, accordingly. Open / Comment

2022-05-16 17:11:38 Tokens burning announcement

WASHINGTON, May 16, 2022 - $23.6B $DUSA has been burned to follow U.S. National Debt improvement. Open / Comment

2022-05-12 12:28:22 Terra USD post-mortem

WASHINGTON, May 12, 2022 - Following the recent incident with $UST de-pegging, we would like to stress that it is nothing compared to the U.S. National Debt.

Unlike $USD, algorithmic and classic stablecoins do their best to ensure proper collateral to maintain the exchange rate. In contrast, the Debt is not secured enough by tangible assets, and yesterday's crypto market storm will feel like a breeze if the National Debt bubble collapses.

This is why the $DUSA initiative matters. Financial education and awareness will help people better manage their funds and risks.

Besides purely educational purposes, $DUSA has obtained enough liquidity with popular stablecoins to become a protective balancing mechanism that helps feel safe in a volatile market.

To further support our followers in the falling market, we announce the launch of a new farming pool with $FRAX on May 13, 00:00 UTC.

Help us to spread the word to the FRAX community as well. Open / Comment

2022-05-10 15:22:34 Tokens burning announcement

WASHINGTON, May 10, 2022 - The recent toughening of the U.S. monetary policy has led to a noticeable improvement in the public debt, which has decreased by over $24B.

Following our supply policy, we have burned the corresponding amount of $DUSA tokens following this update, thus reducing the total supply to $30.4 tn. Open / Comment

2022-05-08 05:19:01 Token standard upgrade finished

WASHINGTON, May 8, 2022 - With a slight delay, we are happy to announce the token migration process has finished successfully. It will let us automate the token emission update in the nearest future and provide better functionality. Open / Comment

2022-05-02 01:29:30 Congratulations to winners of the #DUSA #BookContest!

https://twitter.com/dusa_initiative/status/1520858421976776705?s=20&t=1DAtM_rVhcoH_O5d3f7gDQ Open / Comment

2022-05-01 00:15:17 $DUSA TVL reached ATH this morning. Thank you for your passion and support!

Once #TVL hits the $1m mark, we will #airdrop 5 unique #NFT to the most active community members. Open / Comment