Do Kwon 🌕

@stablekwon ↗

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Last Checked April 3, 2023

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Thu Dec 08 16:39:57 +0000 2022

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Do Kwon 🌕 @stablekwon

@gabrielhaines @cewh1te @UnterseeS Thats just straight up not true — PolitiTweet.org

Posted Dec. 8, 2022

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Do Kwon 🌕 @stablekwon

@cewh1te @gabrielhaines @UnterseeS Yeah but i dont see what the problem is, other mms would have arbed that liquidity imbalance anyway, and the eco would have had less reserves to defend peg during downturns And rebalancing liquidity definitely didnt contribute to the depeg, think thats lazy analysis — PolitiTweet.org

Posted Dec. 8, 2022

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Do Kwon 🌕 @stablekwon

@gabrielhaines @cewh1te @UnterseeS LFG had not sold any ust on curve close to the depeg - around the depeg dates there were large txns draining usdt/c from ust3crv pools in matter of minutes, and repeated sells against the pool whenever it got close to rebalancing — PolitiTweet.org

Posted Dec. 8, 2022