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Why is everyone selling ust after they announced that 1

billion usd funds are being raised?

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14b ust now worth less than 6 b usdt . so they plan is waiting to everyone finishes panic sell and buy back at much lower pricess

AMIR
14b ust now worth less than 6 b usdt . so they pla...

They are still 14b UST, redeemable for 1$ of Luna as per protocol design. You just showed how a death spiral work. Sorry guys I don't want to be negative, but better be real during these situations, even if it's though.

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