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It doesn't matter if you lock up something in a contract and sell if it price drops or the dillute existing holders by expanding the issuance and selling it. In
by throwaway4good 4y ago
It doesn't matter if you lock up something in a contract and sell if it price drops or the dillute existing holders by expanding the issuance and selling it. In aggregate the effect is the same.
And they are both run by algorithms.
- cdiddy2 4y agoIf both DAI and MKR go to zero users still have the collateral. If UST and LUNA go to zero then there is nothing left(apart from very recently they started adding some BTC reserves).