This dashboard presents a simple visual analysis of the relationship between UST supply and LUNA price.

• Daily UST supply was calculated based on the total amount of UST held on all terra addresses available in Flipside's terra.daily_balances table.
• Daily LUNA prices (in USD) were directly obtained from Flipside's terra.oracle_prices table.

Some key observations from the chart displayed below are:

• Overall there is a high degree of correlation between the price of LUNA and the total supply of UST. The general trend is as expected due to the mechanism for increasing UST supply through burning LUNA.
• There is greater variation in LUNA prices than UST supply, namely due to price speculation and general volatility due to wider crypto market activity.