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Mystery of Terra collapse deepens with possible FTX role raised | Economic Times

Mystery of Terra collapse deepens with possible FTX role raised https://ift.tt/WcvOXDt Terra ecosystem was helmed by the symbiotic relationship between the two tokens that was managed by lines of automated code to govern circulation. If the price of UST went above $1, traders were incentivized to swap Luna for UST at a profit, and vice versa, thus in theory keeping UST’s circulation in check.
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