This is puzzling. What did they do with the money? Buy back UST? Something else?
Vast numbers of LUNA were minted during the collapse. There are now 6 trillion LUNA outstanding, currently valued at $0.0002246 each. Apparently the algorithm trying to support UST did so by minting LUNA.
Does someone have a timeline of the collapse? All the data should be available on blockchains.
Vast numbers of LUNA were minted during the collapse. There are now 6 trillion LUNA outstanding, currently valued at $0.0002246 each. Apparently the algorithm trying to support UST did so by minting LUNA.
Does someone have a timeline of the collapse? All the data should be available on blockchains.