Luna $0.34 falls below the “stablecoin” it is props up, UST $.67 (coinmarketcap.com) 12 points by irjustin 4y ago ↗ HN
[–] irjustin 4y ago ↗ Luna is currently being minted/printed/diluted by UST for UST to maintain its $1 goal.Daily graph shows the Luna coin supply going from ~350m => 1.5B [0][0] https://messari.io/asset/terra/chart/sply-circ
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[ 2.6 ms ] story [ 19.7 ms ] threadDaily graph shows the Luna coin supply going from ~350m => 1.5B [0]
[0] https://messari.io/asset/terra/chart/sply-circ