4 ms·
it's a totally different situation to Terra/Luna
by phpnode 4y ago
it's a totally different situation to Terra/Luna
- Aperocky 4y agoThe Terra/Luna system would work very well when Luna's cap >> Terra. The SVB system would work very well if the interest rates stay low, when they could liquidate their 10 year bonds for same value (and their start up would be more likely to turn profits as well). These are all systems designed with assumption that turned out to be false.