unlimited inverse bonds I think would drain the treasury to zero? They say there's a limit to how much OHM they will buy so it will just defend the peg for a little while and then it'll be back to square one, no? Seems a lot like backing $18 billion UST with $1 billion of BTC.
unlimited inverse bonds I think would drain the treasury to zero? They say there's a limit to how much OHM they will buy so it will just defend the peg for a little while and then it'll be back to square one, no? Seems a lot like backing $18 billion UST with $1 billion of BTC.