That sounds like fun. If the price stays lower than that level, I wonder will th... | Hacker News

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		Ekaros on May 10, 2022 \| parent \| context \| favorite \| on: UST Stablecoin Loses Dollar Peg That sounds like fun. If the price stays lower than that level, I wonder will they get sued for losses beyond that point?

Nursie on May 11, 2022 [–]

So from what I can tell they removed those constraints earlier today, and after a brief attempt to prop the peg back up somehow, which saw it hit $0.95, the UST price has been back down between $0.3 and $0.5.

I don't imagine that anyone will find themselves sued successfully...

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