This is a good explanation: https://twitter.com/larry0x/status/1420523876958756867?s=20
Yes could be but the more the Terra Network grows the more stabil is the Peg of UST. And Luna is already a very valuable token as a staker gets the fees from the corean payment app chai with about 2 millions of users
Sure. At the moment everything is fine. We are backed more than twice. But it is concerning that the ratio changed from 3x to 2.x within a month. We are still in a very hot phase and crypto is in the news everywhere. When a winter is approaching this won't be the case. Hope luna can keep it's momentum because this is the only thing that keeps the peg/the value of ust.
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