Friday, August 12, 2022

Daily state-of-Terra ('classic') report, 2022-08-12

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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