Guys, what happens to people who just deposit UST on

Question

Guys, what happens to people who just deposit UST on

Anchor for the yield if UST loses peg? Will it regain the peg or what could be the consequences? I guess the peg is especially important for people who borrowed on leverage?

#anchor #cryptocurrency #english

0

08.05.2022

10 ответов

20 просмотров

Sriram

So far ust was good in maintaining the peg. I am hoping it will be. I will be worried if luna drops significantly and LFG starts using BTC reserves to support UST while BTC is also going down. That is when everything will spiral down

0

08.05.2022

Paul-Dieter Calm Автор вопроса

Mayank Grover (Will never DM first or ask for funds)
Nothing will happen to peg, just calm down.

sent you a dm

0

08.05.2022

Frankie LAM

Has the BTC pegged machanism started?

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08.05.2022

Paul-Dieter Calm Автор вопроса

Sriram
So far ust was good in maintaining the peg. I am h...

I just want to understand what happens to the people who just earn yield on their deposited UST if it loses peg temporary. If there is no risk involved then why are people withdrawing? do they not understand the system backing the UST peg and are only panicking?

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08.05.2022

Sriram

Frankie LAM
Has the BTC pegged machanism started?

I guess it didn't start yet, but in worstcase scenario they have to dip into BTC to support UST just like JUMP is dumping eth now as somebody said

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08.05.2022

Mayank Grover (Will never DM first or ask for funds)

Paul-Dieter Calm
I just want to understand what happens to the peop...

Probably because of the fud or want to buy the dip.

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08.05.2022

Sriram

Paul-Dieter Calm
I just want to understand what happens to the peop...

I do earn yield just like anyone here. Maybe someone put all they assets in ust to earn 20% while waiting for bear market to buy BTC or other crypto assets

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08.05.2022

Nick

Paul-Dieter Calm
I just want to understand what happens to the peop...

No one. No. One. Said there was no risk involved with staking UST on Anchor.

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08.05.2022

Mayank Grover (Will never DM first or ask for funds)

Until there is not enough cash inflows

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08.05.2022