. what happens if Terra LPs $UST with a bunch of other stable coins and several of them have a catastrophic depeg in the next big crash?
Genuine question, no cockroach.
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Dont LP
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Seriously though
Young projects get derisked over time
Dont LP and no community funds should be spent to incentivise until scale and time
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I feel $UST has derisked a lot since last year even... If we survived May 2021 we can survive almost anything now. was right with his telegram pep talk. We did make it back and then some.
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What if, USDT on 4Pool depegs big for some reason?
Would it pull everyone else down (UST, FXS, USDC) ?
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What if the moon crashed down on the earth