The Collapse of Terra from the POV of a Market Maker(longevitydao.net)

4 pointsby metacritic12قبل 4 سنوات1 comments

The Collapse of Terra from the POV of a Market Maker

https://www.longevitydao.net/blog-posts/a-market-makers-take-on-the-collapse-of-terra

1 comments

metacritic12قبل 4 سنوات

Lots of takes on why Terra collapsed this week. What I found most interesting in this article is that a market maker is making the point that LUNA slippage causes arbitrage to fail. Terra should have addressed was LUNA slippage by putting in a LUNA bid, instead of all their crazy antics like supporting UST.