Today, the Alluo protocol is exposed to UST with the current positions:
In light of the current situation of the unpegging of UST, we are at risk of some loss. The Treasury still has enough liquidity in non-UST assets to satisfy all current customer's deposits, therefore the protocol is safe. However, this proposal is to decide on what should be our reaction to the unpegging if any.
The 3 proposed options would be: