LUNA Burning and Minting

You can monitor daily LUNA minting and burning here. It's easy! You can do it! Also some other places to learn about this instead of shitposting!

When native swaps from LUNA to UST occur, LUNA is burned, and vice-versa. Here's the burn address: https://terrasco.pe/mainnet/address/terra1untf85jwv3kt0puyyc39myxjvplagr3wstgs5s/

Here's a publicly forkable query you can use to see how much is burned and minted each day. Even easier: https://app.flipsidecrypto.com/velocity/queries/c85fc2e8-14f3-4672-a8de-402cb24b844f

Here's a dashboard that takes a deeper look at UST, which protocols it resides on, and how much is minted/burned over time: https://science.flipsidecrypto.com/ust/

I also enjoyed this seemingly less-shitposty-than-usual risk assessment from December: https://cryptorisks.substack.com/p/ust-december-2021?s=r