Introduction

When UST is minted, LUNA is burned. So, the UST demand promotes the burning of LUNA, reducing the supply and, thus, making it more scarce and valuable. Therefore, the constant minting of UST could create a deflationary cycle for LUNA’s value. Hence the difference with other stablecoins, LUNA is designed to capture value.

Over a time period of your choosing, display the following:

-daily minted UST and burned LUNA -daily burned UST and minted LUNA

What are some trends you can observe for each of the charts above?

Conclusion

We see that in both charts they act mostly similar,and both charts shoes same trends over time