Daily state-of-Terra ('classic') report, 2022-08-12:
1 $USTC: 0.032 $USDC
1.9M $LUNC: 6285.3 $USTC
which is 179.9 $USDC off-chain, down 3% from yesterday
You see what's going on with this trend?
MORE $USTC is generating LESS off-chain value.
$LUNC burn: is it working?
No.
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