Why BNT Will Have a Death Spiral for Impermanent Loss protection by Inflation Tokens Compensation As Same As LUNA?
Last month I theoretically analyzed that BNT may have a death spiral like an algorithmic stablecoin, and it did appear a month later. How many people noticed my post? https://x3finance.medium.com/will-inflation-tokens-compensate-for-impermanent-loss-like-algorithmic-stablecoins-have-a-death-25dae6054243 We discussed in depth the mechanism of the death spiral of the luna stablecoin UST yesterday, and now let’s analyze whether the inflationary token will…
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