cryptodefi

@stablekwon #WhereTFIsTheBTCReserve

@Cryptocraziac @ExplainThisBot

@terra_money @ExplainThisBot

1/ The prevailing peg pressure on $UST from its current supply overhang is rendering severe dilution of $LUNA. The primary obstacle is expelling the bad debt from UST circulation at a clip fast enough for the system to restore the health of on-chain spreads.

📢 $KUJI Staker Campaign 1 💸 We've put together a super simple guide for bidding & liquidations. Time to go back to basics. Here is the campaign page blue.kujira.app/campaigns/1. ‼️ Stakers need to push the button on the campaign page to qualify (up in ~ 15 mins) 🔁 🧵 1/8