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.
Source Terra
Curve
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