@RuneKek surely you can't separate out the currencies into their individual components since UST couldn't have reached it's peg alone in the first place? additionally, without the risk imbued in all algorithmic undercollateralised stablecoins and anchor there would be few UST users
Battered $SPX market makers this morning when skew finally reverted after weeks of bag holding long skew positions.
S/O to @therobotjames who I spam with PTJ "Trader" memes
@sayinshallah It is very difficult to control the flow of capital lol, what do you expect with strongly information asymmetrical markets? Markets are never nice
As it approaches but never reaches 0 I expect there to be some attempt to pump the coin, it'd be pretty easy to dump since most of the currency would have been created moments after the pump