Davide
@0xdavide
🌓"Deploying more capital, steady lads". Is it true this time? Maybe. It will certainly be interesting to see how the distribution will happen because users have sold at different prices post-UST crash. Capitals for refund are estimated from 180 to 440 million. Obviously there will not be a 1:1 refund, absolutely impossible. The crash of $LUNA and $UST saw a collapse of over 100B. $LUNA exceeded $115 and had a market cap of over 100B, $UST of over 30B. Anchor Protocol shortly before the $UST depeg had a TVL of over 20B (about 90% of Terra) and had become the largest in DeFi (having also surpassed giants like Aave and Curve).
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