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
Posted Using LeoFinance Beta
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.
Posted Using LeoFinance Beta
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...
Posted Using LeoFinance Beta
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.
Posted Using LeoFinance Beta