2 comments-0 reblogs
avatar of @melbourneswest
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a year ago - 1 minutes read

They're strategy atm is to get UST out there as it grows Luna the more UST that is minted.

The second point with their reserves isn't to build value but to have pools that when people sell instead of exiting the network to a dex lowering price. They swap it for their desired coin.

In effect they would have their own internal DEX

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