account?
I hate to be negative, but this is just bad. Where's the other important information?
1. Has $BTC been sold / how much?
2. More details about the extent at which the peg has had to have been defended thus far
$UST$LUNA
1/ Over the past several days, market volatility across crypto assets has been significant.
The market turmoil is also reflected by the past week's uncertain macro conditions across legacy asset classes.
Haven't sold bitcoin yet - the txn just went out. It's a loan to a market maker - if UST imbalance happens we will use BTC to rebalance, and if demand is surplus we will buy BTC
We plan to eventually redeem this entire clip in bitcoin, let's see
to clarify, the bitcoin will be used to trade, but the stronger intent is to signal peg strength to the market as capitulation sentiment has set in.
LFG is long bitcoin
Okay. Thx Ser.
This could have been included in some way in the initial comms.
These things are important. Plz let's not feed the cockroaches unnecessarily.