Conversation

Do Kwon

@stablekwon

Apr 30, 2021

Posted without comment.

@anchor_protocol

103

501

Do Kwon

@stablekwon

Apr 30, 2021

aUSDT next

218

Infosa

@infosaaa

Apr 30, 2021

Good job! But I am wondering, if UST is not the only USD stablecoin on Terra anymore, would it harm the LUNA ecosystem? Since the demand for UST is the major driven force of LUNA's deflation.

Do Kwon

@stablekwon

Replying to

@infosaaa

Err This sells DAI for UST on curve and deposits UST into Anchor Do ze maths

9:57 AM · Apr 30, 2021Twitter for iPhone

Replying to

and

It is there to reduce the friction of value flowing into $LUNA

Replying to

and

mystery solved!

GIF

read image description

ALT

Replying to

and

Only thing keeping me from putting all my money into anchor is no insurance protection

Powerz

@crypto_powerz

Apr 30, 2021

Im sure that is on the way, am i right @CptDig ?