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Don't you need to be talking way more trash about HBD if collateralizing a stable-coin is an invalid strategy?
Personally I think we need to be collateralizing HBD even more by allowing long/short collateralized debt positions.
Also by having an AMM internal market we can manipulate yields on the fly and create that desperately needed elasticity.
RE: The Fallout Over UST And What They System Really Is