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I would have so much more UST parked on Anchor protocol if I could be confident that it won’t be regulated out of existence (also if it were insured, but that’s a separate matter). Any chance you can offer some words of assurance during these times of stablecoin crackdowns?
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for $UST depegging insurance @insur_ace or for Anchor smart contract failure insurance @decentralisation for decentralised stablecoin. &&& this thread by Larry for extra assurance:
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1/ Let's discuss exactly how $UST price is stabilized, so that FUDs can be better responded with. The question is: What exactly backs $UST?
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Thanks for your reply. At the risk of being excessively intrusive, can you share if you keep a significant portion of your net worth in UST on Anchor protocol?
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