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Are they not going to burn the LUNA to get

UST? Do Kwon mentioned they are selling it for UST, Will that not dump the price of Luna?

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It will be in the course of 4-5 days. I think they will try to avoid the dump.

DDmonkey
Great news!

Doesn’t this put pressure on Luna since they need to sell a large amount to convert to ust

CryptoGene
Doesn’t this put pressure on Luna since they need ...

Don't worry, the mechanism of Ust-luna arbitrage and anchor ust deposit 19.5% apy can make it balance.

Mayank Grover (Will never DM first or ask for funds)
It will be in the course of 4-5 days. I think they...

Although the ANC-UST LP is better provisioned than what the protocol requires at this point, it is still important to the overall ecosystem. LP rewards are scheduled to end in March. What does it mean? No more ANC-UST after march on Anchor. How about Astroport LP?

Mayank Grover (Will never DM first or ask for funds)
It will be in the course of 4-5 days. I think they...

Doesn't burning LUNA prevent the dump? Or am i misunderstanding? Burn LUNA = LUNA price increase, or do you guys mean people will dump/sell LUNA after the price increase once it is burned?

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