UST Goes Interchain: Degen Strats Part Three

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@FaeLightCarmenum

Are there rammifications for flooding Luna supply briefly? (Flash liquidations in Anchor maybe?) Should UST withdrawn and swapped for this be spread out over time (less shock perhaps) or done all at once?

@FaeLightCarmenum

I thought if UST is minted, and exists, it had already affected Luna as it is in order to exist as UST in the first place, and can freely move or not move without affecting Luna unless burned?

Hey @FaeLightCarmenum the UST withdraw from the community pool already exists there from this prop: Burn Pre-Col5 Community Pool, thus we will not be flooding the Luna supply at all.

From this prop the $425k UST will be used to buy Luna on Astroport (buy pressure on an AMM which means NO Luna supply increase) for gOHM incentives. Further the $18m UST that is to be swapped to Luna (also on Astroport) for Convex incentives will occur in $1.5m batches every 2 weeks over 6 months before each Curve gauge vote. The rest of the funds requested will remain in UST.