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You guys really think whales are going to mint UST

? I mean some but just the degens really. And that does not inspire confidence. Rich people dominate liquidity pools. If there’s a chance a stable coin is going to 0 they won’t want anything to do with it. And liquidity is everything here

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In order for anchor to pay their high interest, there need to be a lot of people providing bLuna as collateral. No one wants to touch Luna when it can fall 60% in a day and that many more Luna will be flooding the supply yet UST peg is still way below

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