Conversation

Mar 23, 2021

I know you're job searching rn, so just letting you know we have internship positions open at Terraform Labs. All jokes aside, happy to answer

@terra_money

's stability mechanism on this thread. Long live the king of algo stablecoins 🌕

Quote Tweet

Jsmitty1123

@Jsmitty1123

· Mar 23, 2021

@d0h0k1 it seems that Dan Larimer has concerns about “when” UST starts falling it will “eventually” lead to a hyper inflationary collapse of $LUNA. It seems he doesn’t believe the Terra Ecosystem is sustainable. Do you have a response to the $EOS mastermind?

108

263

Michael Vehtic | Playible

@MVehtic

Mar 23, 2021

If UST market cap keeps increasing during this $Luna price dip, isn’t this likely only a good thing in the long term for a $Luna price increase? As more Luna is being burnt at this rate.

Joe D1rt

@RaiseTheShip

Mar 23, 2021

Yes that's how it's supposed to work!

Replying to

The protocol is designed to defend Terra stability at a diverse array of market conditions, and accrue value to the moon at all of those market conditions

3:54 AM · Mar 23, 2021Twitter Web App

Retweets

Quote Tweet

Likes