Terra-177.Redemption Arc

    -- Q177. Explore the limitations of redemption on Terra, i.e. the burn and mint mechanism. -- In what scenarios would the ability to burn & mint be insufficient for demand? -- Using data, illustrate occasions where these scenarios have occurred or come close to occuring. -- There are a number of ways to do this; one approach is to quantify a “Redemption Utilization”, i.e. a performance metric that -- encapsulates the extent to which demand for redemptions outstrips or comes close to the programmed caps, -- and then to explore the number of days over a specified time period that this metric has crossed a concerning threshold.