horsefacts
@horsefacts.eth
ordered a bunch of these to give as gifts: burner.pro
12 replies
7 recasts
141 reactions
frend
@frend
What's your opinion on the weird USD II scheme they have going on? Also the KYC requirements?
2 replies
0 recast
0 reaction
Cameron
@cameron.eth
You can use Burner without USD2, it is just for simplifying stable gifting to normies (no gas needed). KYC is to onramp to USD2 1-1, no fees, but you can also get it via Uniswap.
1 reply
0 recast
0 reaction
frend
@frend
I just thought it was odd that they're offering a free one to people who onramp to some weird stablecoin where the only search results for it are the Burner website itself and then KYC. Maybe I just wasn't looking hard enough for information about the token though.
1 reply
0 recast
0 reaction
Cameron
@cameron.eth
Basescan finally added token info; the token is managed by Bridge (who’s getting acquired by Stripe) so backed 1:1 with dollars. But yeah, if you don’t want to KYC then the wallet can be freely used without USD2.
1 reply
0 recast
0 reaction