Conversation
Either people are panicking mad into stables or someone knows something because weโre 1.86bn $UST away from 10bn $UST market capโsurely not just due to degenbox strat/retail purchases ๐ TFL are filling their fiat currency bag right now.
Gut feeling is this is a play to diversify the $UST backing with additional decentralised crypto assets.
I expect TFL to announce something once the 10 billion $UST MCAP is breached. ๐ So when you replenish the $MIM - $UST pool are you just buying more $LUNA to repeat?