I think so because a lot of people thought they were safe with UST because it was suppose to be a stable coin. De peg mechanisms were suppose to be in place to prevent it from losing it's value. It was considered safe not to mention all the borrowing from Anchor protocal.
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.