Everyone wondering “what happens if Cobie dies during the bet” but the real question is… do I get to keep the money if Do, Algod and GCR all die during the bet???
— Cobie (@cobie) March 14, 2022
The Big Short: Terra’s LUNA
So basically 11,7bn UST is basically backed by luna orderbooks, in best case it can maybe sustain a 1-2bn sell right now. For now they driven up demand with the 20% fixed apy printed out of tin air which is unsustainable.
The further it grows, the more pressure there is on Luna
— Sensei Algod (@AlgodTrading) February 16, 2022
— Gabriel Haines.eth (@gabrielhaines) March 14, 2022
The views and opinions expressed by the author are for informational purposes only and do not constitute financial, investment, or other advice.