The prophesy almost came true. Can you please follow up based on recent events? BTW arbitrage based on LUNA/UST minting mechanism is not so simple cause swap spreads are variable and depend on market conditions. Today spead for market swap was about 1% that prevented arb. Consequently LUNA supply diminished once again ))) Guys in TFL are clever
Hi Thank you very much for this solid assessment article. I have a question. Please be assured that you would not be held countable for your comment. What would be the danger zone for UST/Anchor depositors in light of the depletion level of the Yield Reserve? $10 million left in the Yield Reserve? $5 mil? Or $30 mil? Many thanks for your reply in advance.
Thank you kindly for the investigation, how do you get paid for doing this work? Or what is your incentive to do this work?
This one aged well.
Looks like a great time to do a follow up.
The prophesy almost came true. Can you please follow up based on recent events? BTW arbitrage based on LUNA/UST minting mechanism is not so simple cause swap spreads are variable and depend on market conditions. Today spead for market swap was about 1% that prevented arb. Consequently LUNA supply diminished once again ))) Guys in TFL are clever
Thank you for this indepth Article!
How did you manage to connect the Abracadabra Frontend to the Time-Wonderland Adress to see their liquidation price?
Great article. The yield reserve won't reach zero for another ~4 yrs at current depletion rates. We got time.
Hi Thank you very much for this solid assessment article. I have a question. Please be assured that you would not be held countable for your comment. What would be the danger zone for UST/Anchor depositors in light of the depletion level of the Yield Reserve? $10 million left in the Yield Reserve? $5 mil? Or $30 mil? Many thanks for your reply in advance.