zlacker

>>mkeete+(OP)
Written as if no mistakes were made on their end. Paraphrasing:

"We all thought UST and Anchor were a source of stable >10%/yr gains that you could trust for your corporate treasury. That the yield instead turned out to be -99% is quite disappointing, and makes this a natural time for us to bring our service to an end. It's been a pleasure to serve you."

>>Liron+Ja
Anybody who believes that kind of logic deserves to lose their stake. Crypto has spent most of it's formative years riding an historic bull market and claiming it's immune to market forces. Now we have pretty clear evidence that crypto is just a multiple of the Nasdaq.

>>tootie+2k
In a yield-chasing world, there's always a fair amount of correlation between liquid "assets".