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The Luna Foundation Guard does indeed build btc reserves when UST demand is in excess of UST redemptions - this is explicitly stated.
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To suggest that this is “Do’s exit liquidity” is disingenuous on two levels:
1. LPs only benefit from LFG activity - reserves are deployed to buy if there are more ust in the pools, and replenished when theres less ust - and LPs earn fees while doing this
2. LFG is nonprofit…
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Lfg is def not nonprofit, its more like: let me put here $1 B so the other $15 B that I printed keep it's value. You act like it's some charity going on here lmao.
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Thats not how nonprofits work - its illegal to take money out - how is this hard to grasp
Also i only have 1 of 7 director seats at lfg
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