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Xenth-

Not sure if i can post a link but can

i get your thoughts on this? https://twitter.com/du09btc/status/1504862614572179456?s=21&t=x6b6JSVM7uXxfgbrW2SxeQ

#blockchain #cryptocurrency #english #luna
0

5 ответов

11 просмотров
Daniel-

To me the part where burning luna for UST helps both market caps is wrong

0
01.05.2022
Xenth- Автор вопроса
Daniel
To me the part where burning luna for UST helps bo...

how does it work then im super confused and skeptical

0
01.05.2022
Daniel-
Xenth
how does it work then im super confused and skepti...

If you burn luna for ust, lunas marketcap goes down (if the price stays equal). If a lot of people do it at the same time e.g. during a crash, UST will probably depeg a bit, and luna will drop obviously. But arbitrage will likely restore the equilibrium, unless suddenly nobody wants luna anymore. The one thing I believe is not sustainable is 19% anchor returns, but these will be adjusted downwards sooner or later

0
01.05.2022
Xenth- Автор вопроса

interesting, sorry im just really new here so just trying to understand everything. What does depeg mean cus i saw that guy saying it a few times. so basically if demand drops for both it's bad?

0
01.05.2022
Daniel-
Xenth
interesting, sorry im just really new here so just...

depeg means 1UST ≠ 1USD, can be either more or less

0
01.05.2022

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