We are down $30 billion this year
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All but 313 btc was used to defend ust peg
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Are there any plans to release trade logs? Counterparties that were involved, any potential conflicts of interest, the exact details of the OTC blocks? This is one of the major transparency issues that needs to be dealt with given potential VC/board COI.
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We dont control the trade logs of trading partners’ granular trade execution - this is not how MM arrangements typically operate. But the amount of UST lfg purchased maps to the amount of BTC expended.
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Sorry to sound cynical, but this feels like a cop out. This isn't about the trade structure. Who were the MMs you worked with? Did they have any sway over the board? Which VCs were allowed to cash out their UST/LUNA tranches, if such a thing happened internally? Any logs?
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No vcs were allowed to cash out anything - no backroom deals of any kind exist. we are trying to see if we can name counterparties in the trades, but confidentiality will need to be waived for us to be able to do this
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will you be able to lead this? There are people who believe you will face lawsuits & legal challenges in South Korea and Singapore. Could you please comment?
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My priority is not about what happens to me, but making sure the Terra community has a place to build and years of their work does not go to waste
I dont care what happens to me as long as that happens
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