Hmm, tough moments... Did you get liquidated after all when UST dropped to 30c or with your actions you managed to avoid it?
I have some LUNA-OSMO and UST-OSMO on Osmosis. I practically can't do anything about it since they are on a 14-days lockup period (they call it bonding, but it's different than what bonding will be on PollyCub), I'll just wait and see if they'll recover. LUNA certainly WON'T start to recover before UST reaches its peg.
Well, I had bLUNA as part of my collateral and some ETH... So that helped to avoid liquidation... I bought some UST when it was going down and repay my debt... Today, I have sold some of my UST that I didn't want to sell down, so in a nutshell, I got slightly in profit with my UST "trading" during all this shit...
As LUNA is extremely low, I bought just a couple and pooled on Astroport... Just gambling thing... lol... Fee rewards are great, and my bonded LUNA is locked similar to your case... So, I said, screw that... lets go deep... hahahaha... JK.. it's like 10-20$ with these prices... :)
!PIZZA
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I want more LUNA too. But I want UST to reach its peg first, or LUNA will keep diving to support UST.
I changed my mind. I saw on @dalz.shorts that LUNA's supply increased 10x. That looks very bad in light of a potential future recovery.
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That's the way how the LUNA-UST works... one burns, the other prints... Anyways, your idea about buying when/if the peg is recovered, isn't that bad at all... I will follow closely how it develops...
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That's true. But it would take forever for the supply of LUNA to be burned to lower levels. Because I doubt UST will break peg to the upside. That's what it would take to burn tons of LUNA.
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