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Saved by @Crypto_Carlosa

Based on the theory story shared by @CryptoHarry_ and @JacobCanfield, Terra Daily would love to share it with you here

There will be two (2) types of information: Data and Rumor

Some transactions were made via the OTC so those are supposed to happen in the past few days

 @CryptoHarry_ @JacobCanfield 1/ (Rumor) Blackrock and Citadel were the culprits

Citadel is the validator on various chains including Terra (but not now)

Blackrock recently invested in Circle (the institution issuing USDC) - $UST competitor

You can find the announcement here

https://t.co/zmUv8VPAUa
@CryptoHarry_ @JacobCanfield 2/ (Rumor) They used leverage to borrow $100K $BTC and divide it into 2 proportions:

+ 25% 25K selling BTC to buy UST

+ 75% 75K selling BTC aggressively and starting to short LUNA

These transactions were reported via OTC (Over The Counter) so we assume they are in (rumor)
@CryptoHarry_ @JacobCanfield 3/ (Data) Terraform Labs withdrew $150M from 3pool-UST on Curve Finance in order to prepare the liquidity for the 4pool-UST on Curve as well

By doing this, the liquidity for UST was in shortage.

But this led to a very huge gap in stablecoin number

https://t.co/TLyz2LgfFj
@CryptoHarry_ @JacobCanfield 4/ (Data) Immediately after that, $85M was swapped into the 3pool

Therefore, the number of UST increased but the number of USDC decreased, which had led to the unbalanced rate among stablecoins

Plus, this unbalance led to UST depegging to 0.985

https://t.co/h9ddAFKatF
@CryptoHarry_ @JacobCanfield 5/ (Data) The next step from Terra side was withdrawing an additional number of $100M UST to rebalance the number of stablecoins
(since the number of UST increased in the previous thread 👆)

Note this as (*)

https://t.co/FFHqZ8x18r
@CryptoHarry_ @JacobCanfield 6/(Rumor+Data) Based on @CryptoHarry_ , the rest of UST was continuously dumped on Binance causing a further depegging of UST on 8th May 2022.

Check the photo 👇
@CryptoHarry_ @JacobCanfield 7/ (Data) - The late effort

LFG (Luna Foundation Guard) and especially Jump Crypto added an additional $280M of liquidity to this 3pool-UST

This action should be conducted at the first place instead of (*) in the thread 5

https://t.co/q7qTKXjpQe
@CryptoHarry_ @JacobCanfield 8/ And all the later-coming events that have been written by @TerraLUNADaily in the thread below (continuing from thread 2/)

https://t.co/geou3JVgE0
@CryptoHarry_ @JacobCanfield 9/ There are some drawbacks that Terra Daily would love to share regarding this memorable crisis

+ The unstoppable and rapid minting of UST during this maybe-downtrend market regardless of the FED announcement
@CryptoHarry_ @JacobCanfield 9.1/ + It can be seen that the market cap of UST was $18B, which was very closed to that of $LUNA - $30B.

This means in case of any emergency, it will be very difficult and tough for the redemption between UST and LUNA
@CryptoHarry_ @JacobCanfield 9.2/ The late effort in thread 7 👆 was unnecessary to some extent, it would be better if it was conducted at the time of the thread 5 (*)

Instead of withdrawing the liquidity directly from the 3pool for the preparation of the upcoming 4pool, ...

👇
@CryptoHarry_ @JacobCanfield 9.3/ Do Kwon and Terra team change to another method of adding liquidity of USDC, USDT, DAI first, then withdrew gradually UST instead of only one (1) transaction without affecting the internal statistics of the liquidity

Though this may take time, it is harder to attack
@CryptoHarry_ @JacobCanfield 9.4/ Terra Daily believes the widespread news for the 4pool causing the pressure on Do Kwon to prepare the pool as soon as possible

Everything happened. #LUNAtics have witnessed many successes from the very best effort from CEO of Terra

What do you think about this? Comment 👇

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12 Most Powerful Hanuman Mantras

Hanuman ji is the Hindu God of strength, valor, agility, and wisdom. He is considered as the incarnation (avatar) of bhagwan Shiva. Hanuman ji is the symbol of devotion and dedication. He is the greatest devotee of Prabhu Shri Ram. 1/n


Hanuman ji is known by several names such as Bajrangabali, Mahabali, Maruti Nandan, Pawanputra, Mahaveer, and Anjaneya. Hanuman ji is the son of Bhagwan Vayu, the wind god.

God Hanuman played a prominent part in rescuing Mata Sitafrom the bondage of demon King of Lanka, Ravana.


One can worship Hanuman ji by chanting Hanuman Mantras. There are many different types of Hanuman Mantras, each fulfilling a specific purpose. Hanuman Mantras help to beget the blessings of Mahabali Hanuman for success. 3/n


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1. Hanuman Moola Mantra
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வேதத்துக்குப் பொருள் அருளிச் செய்த படலம்


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