Spoon🥄feeding time: How does $Luna stable coins keeps its peg?

@terra_money designed an elegant system that ensures Terra stable coins always maintain their fiat peg. Since this is key to Terra ecosystem, let's take a gentle stroll walk through and see how it works. Small print: this guide is way over-simplified to show the concept. No animals were harm in the production of this work.

how @anchor_protocol guarantees ~20% yield? magic?

Astute 🦌 spells out:"simple concept really. No magic needed. Let's break it down.

Small print: this example is way over-simplified to show the concept. No animals were harm in the production of this work.

thread below... 1/ Alice deposits $100 $UST, expects 20% yield for invested time, say $20 total