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The LUNA and UST Crash Explained in 5 Charts Curve DAO Token $ 0.918592 +2.90% ApeCoin $ 5.24 + Filecoin $ 5.57 +1.06% Decentraland $ 0.704422 +0.60% Hedera $ 0.058120 +1.11% Elrond $ 55.20 +0.21%. Traders tried to take advantage of arbitrage, exchanging 90 cents worth of UST for $1 worth of luna, but then a speed bump appeared. Only $100 million worth of UST can be burned. When UST’s price is too low (<$1), the protocol incentivizes users to burn (destroy) UST and mint (make) LUNA. This is pretty clever on the surface. It’s simple. Reddit - Dive into anything. Volumes= $100/day. Burn= 1%. If the volumes are $100 a day, I would burn 1 $ of Luna. If 1 Luna is worth $100, I would burn 0.01 Luna (1% of 1 Luna) Ok, this lowers the supply and theoretically raises the price. Now let's assume (again for simplicity) this situation in time II: 1 Luna= $1000. Volumes= $100/day. dr manek neurologist am i demisexual or asexual aether 2 mod apk. May 25, 2021 ·. สรุปดราม่า LUNA และ UST. Stablecoin ที่ไม่ Stable. . LUNA เป็นเหรียญ Native Token ของ Blockchain ที่ชื่อ Terra. หากใครติดตามเพจนี้ หรือเป็นสายฟาร์ม น่าจะ .... Mar 12, 2022 · The Luna Foundation Guard (LFG), a nonprofit organization, has announced new measures to keep the supply of UST, the flagship stablecoin of the Terra ecosystem, liquid in secondary markets. The protocol has already reached the max issuance of UST per day, but demand is strong enough that the foundation will have to burn more LUNA to guarantee .... When UST’s price is too low (<$1), the protocol incentivizes users to burn (destroy) UST and mint (make) LUNA. This is pretty clever on the surface. It’s simple. AVAX is the native token of Avalanche. It's a hard-capped, scarce asset that is used to pay for fees. All fees on Avalanche are burned, benefiting everyone in the community. LUNA and UST updates on Kraken - Kraken Support Funding Cryptocurrency Funding Information about specific cryptocurrencies How can we help? LUNA and UST updates on Kraken Below are updates that are planned and completed for Terra and Terra 2.0 1.2% Tax burn Terra Ecosystem Revival Plan 2.