By buying back $USTC then burning it, we are creating buy pressure which helps to reduce the debt USTC has after its depeg, and helping to increase its price ready for a repeg!
Doing this puts us in better footing for a repeg if we can increase its price.
🤔WHY NOT #LUNC ?...
Don't worry about $LUNC we haven't disowned you! Once we stabilise USTC and manage a repeg, our lovely LUNC will be burnt at a rapid pace through the Market Module (MM) - A pace no burn can match!
✅️ Anyone is welcome to join in with us, tag a validator to get them on board 🙏🏼
HOW DO I BURN?...
1️⃣ Buy USTC on a DEX and send to the burn address. or 1️⃣ Swap any coin to USTC via station wallet or equivalent, then burn.