Burn, Baby, Burn

One reason I personally very bullish on $LUNA and Terra ecosystem is because of the unique tokenomics. The main product of Terra, $UST is an algorithmic stablecoin. In order to mint $UST, equivalent USD worth of $LUNA has to be burned, which is swapped through native market. So, once bear market come and you want to keep all your assets in stablecoins, you will have to burn your $LUNA which could be bullish for $LUNA because you're depleting the supply. In this dashboard, we will take a look at how this burns affects Terra ecosystem.