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Huynh-Thao

How about we sell ust to luna, then sell it

ASAP on AMM. Will that make us have 1$?

#anchor #cryptocurrency #english
0

6 ответов

10 просмотров
Ali-

no. there is a spread that stops you from doing that rn. a governance proposal which passes in 7 days fixes this. they are going to increase luna minting by 7x to achieve this

0
11.05.2022
Henry-
Ali
no. there is a spread that stops you from doing th...

After this proposal is passed, more luna will minted to re-peg ust right? So price of luna will dump more after that proposal?

0
11.05.2022
Ｃｙｂｅｒｐｕｎｋ¦¦ Nvr PM you first-

Luna will be basically sold faster to re-peg faster

0
11.05.2022
Ali-

the answer to your first question is yes. the answer to your second question is I don't know. market works in mysterious ways. maybe panic is less by then and market can take it. However it's hard,its 1.2B dollars worth of luna everyday.

0
11.05.2022
®®®™£^100 (DON'T DM)-
Ali
the answer to your first question is yes. the answ...

you scare me with the last paragraph :) so, you tell us Luna will be <0.01$ to rescue UST!

0
11.05.2022

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