Daily state-of-Terra ('classic') report, 2022-08-04:
1 $USTC: 0.033863 $USDC
1.9M $LUNC: 5601.37 $USTC
which is 185.11 $USDC off-chain, down 1.5% from yesterday
What does this report tell us?
There's lots of noise around Terra Classic, $LUNC burn, et al, making the world a better place.
Is that so?
The numbers don't say so, and the numbers don't hype*
*lie.
Terra Classic is still very high risk.
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