spiral” began when drops in LUNA triggered foreclosures on UST loans on Anchor. UST LUNA This has happened before BitUSD - 2018 https://www.theblockcrypto.com/tiny/bitusd-hasnt-had-its-1-peg-for-more-than
with feedback from external reviewers and consultations with the Principles’ member and observer community. The February 2021 version of the Guidelines provides additional guidance especially for