Really difficult to be in the “failed experiment but at least they tried” camp when there is still no info about hundreds of millions of BTC in the reserve. Twitter accounts look like they have been taken over by lawyers. CT really should put more pressure into getting info ASAP
-
Show this thread
-
In all the documents Terra used to raise, the reserves were collected specifically for defending the peg, not to serve as a treasury in case the peg failed. Really fucking absurd it’s been days and nothing.
40 replies 71 retweets 837 likesShow this thread -
-
Replying to @FatManTerra @lawmaster
this account is interesting, one of the main 3-4 peg defending accounts on the curve pool but still has $130m usdc that wasn't accounted for. Looks more like Jump than LFG to me so may just be their funds but this a/c torched a ton of stables defendinghttps://etherscan.io/address/0x59964a45f2efbb001859ab57e3e4cdcfb7f3d2c0 …
1 reply 0 retweets 8 likes -
you can follow the addresses here https://app.flipsidecrypto.com/dashboard/the-great-dumpening-s2Rh_S … what i gathered is they bridged >750m ust to terra and swapped all to luna on chain, held on to the luna (bought at ~ $1) and used multiple addresses to stake and delegate
2 replies 1 retweet 3 likes
...Are you saying that to 'protect the UST peg', they bought LUNA? If so, please DM me, we will have to look into this
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.