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Please check my understanding. If LUNA has a massive abrupt

fall, UST is likely to be dragged down as well. If LUNA crashes, risk of UST depeg rises. Is this right?

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I don't think so. UST doesn't depend on the price of Luna, it's only the other way around.

nav- Автор вопроса
Rose🌹 | cosmosrescue
I don't think so. UST doesn't depend on the price ...

do you mind explaining why it isn't so? When I looked at the charts of LUNA and UST, it seems that when LUNA crashes, UST follows.

nav
do you mind explaining why it isn't so? When I loo...

Are you sure what you're looking at isn't the other way around?

nav- Автор вопроса
nav
hard to tell. They go down together

Post the chart comparison you are looking at.

My understanding would be that if UST depegs, then it could give hard time for LUNA. This is why there are mechanisms in place to prevent the UST depeg as much as possible: UST mass adoption in other chains, Bitcoin reserve, etc

nav
do you mind explaining why it isn't so? When I loo...

Nah, Luna follow UST mcap + their actual value, UST likely stable if we keep anchor 20% ApY

https://docs.terra.money/docs/learn/protocol.html#expansion-and-contraction

https://youtu.be/KqpGMoYZMhY

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