Try Quests to earn cryptoAlgo-67.Impacts of UST on STBL
-- Q67. This week we saw the depeg of UST(a stablecoin built on Terra) and it sent shockwaves through all blockchain ecosystems -- causing the crypto market to crash. STBL is a 100% fully collateralized stablecoin created by the AlgoFi protocol. -- Let’s look at how the circulating supply of STBL was impacted by the events from May 8th to May 14th. -- Let’s look at how much STBL was borrowed and how much repaid during the volatile week? -- What assets were swapped for STBL? Was there more swap volume into or out of STBL? -- Did we see a one to one swap swap volume with USDC? If not, why not? Were there certain trades causing this discrepancy?