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A comment on UST Stablecoin Loses Dollar Peg. Parent comment

Re:UST Stablecoin Loses Dollar Peg by charcircuit on Tuesday May 10, 2022 @07:40PM (#31334051)
>the Ponzi scheme collapses

The only thing that collapses would be the APY. Everyone can still withdraw their full deposit.

[ Parent | on HN ]
Re:UST Stablecoin Loses Dollar Peg by Closi on Wednesday May 11, 2022 @06:35PM (#31346823)
Their deposit has been loaned. No free lunch here…
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