Hold up... Is $WLUNA decoupled from $LUNA (14x) solely bc the @coinbase userbase... is... buying it!? 

I guess wrapping $LUNA must not be easy enough to make the arbitrage worthwhile?

I suppose I could have searched Twitter before posting ¯\_(ツ)_/¯
https://twitter.com/whal3iam/status/1524657650667036672

I get that $WLUNA isn't impacted by counterbalancing $UST, but Coinbase liquidity depth is still large enough for a few arb traders to have a good Thursday...?
https://twitter.com/TonyTonnss/status/1524622742858862593

https://twitter.com/ItzSchutzBitch/status/1524619611379011585

Looks like un/wrapping via Terra bridge http://bridge.terra.money → Given the arbitrage opp, I still must be missing something, because diff shouldn't still be this large

https://twitter.com/NathanThinks/status/1524690187510558725

$WLUNA vs $LUNA Arbitrage

Write & publish everywhere
with
Typefully

$WLUNA vs $LUNA Arbitrage

Write & publish everywhere with Typefully

Write & publish everywhere
with
Typefully