News for hackers. Stuff that matters.
Re:UST Stablecoin Loses Dollar Peg by arcbyte on Tuesday May 10, 2022 @08:04AM (#31326061)
My hypothesis is that investing 500 million in the yield reserve is cheap if it gives you control of $19 billion during the next bull market on which you reap 100% of the returns. It's a bet for sure but not totally insane.

There are no comments on this comment yet.