Do Kwon: Terraform Labs Removed 150M $UST from Curve to Get Ready for 4pool
Do Kwon, the founder of Terra, responded CISO of Polygon Mudit Gupta's question regarding Terraform Labs removing 150m $UST from Curve yesterday on his twitter. He said that Terraform Labs removed the liquidity to get ready to deploy into 4pool next week. The 84m $UST dump was not done by Terraform Labs, who removed another 100m $UST to lessen the imbalance. Do Kwon also said that Terraform Labs has no incentive to depeg $UST.