When you buy something, its value increases, when you burn something, its value increases. so this is a situation that cannot be explained by the UST-LUNA relationship.
1-You can’t give UST to anyone with Airdrop, because “stablecoin” is accepted, if it’s done, it’s a scam.
2- I think someone with 5 billion UST would not sell at a loss up to $0.1.
3- If UST is burn, the UST value will increase, not decrease(must be related to the value of the real dollar).
4- If UST sells and buys LUNA, the LUNA value will increase.
5- Let’s say you are right, there was no outside intervention in the system. System crashed from wrong
calculation. So that means the 6.5T LUNA is built and sold by terra, where is that money?
6- Where is the billion dollars allegedly spent by the community?
7-again, assuming you are right, why were LUNC distributed to users who sold UST cheaply, they preferred to sell their assets for 0.1 dollars instead of 1 dollar. (Would you sell your real 1 dollar for 0.1 euro?)
So in summary, it is impossible for both of them to decrease in value without much production of UST or LUNA by someone.
In the descriptions, the phrase “attackers” is mentioned. This was not clarified. Investors are not informed, they do not make an effort to reveal it. We need to focus on these weird things.
Remember, billions of dollars are not an amount that can be easily laundered.
The UST peak was $18.7 billion. This means that there is 18.7 billion dollar cash in the safe. Let’s say you managed like a child, they made a loss 50% again, shouldn’t they have close to 10 billion in their safe and the value of UST be 0.5 dollars?
Time I now have to move this plan forward.