Quite a few people are asking, so here's my long-form opinion on why both UST holders who sold at a loss and people who are still holding UST deserve full restitution. This probably won't interest most of you, but it needs to be explained to those doubting it. (1/8)
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If you sell now, you admit defeat. What if UST suddenly repegs after this 'capital deployment'? That would be terrible and you'd lose everything you worked for for sure. It's better to hold: the repeg is coming any moment now. LFG is deploying capital to defend the peg. (7/8)
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And, scene. Both of these are completely rational responses to the crisis. Both groups lost too much. I believe both should be taken into consideration and should be refunded *exactly* what they lost pro rata. Did you sell at $0.30? $0.70 refund. Did you hold? Full refund. (8/8)
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PS. Ethically, our first priority should be pre-depeg savers who bought UST at $1 (they paid $1 and expected nothing more than $1 back per token). Speculators who bought UST (a now suddenly speculative & volatile asset with a fresh risk profile) at $0.30 can take a backseat.
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End of conversation
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When he said Steady Lads I held off selling longer.
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Guilty
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