USTC / Stable Algo Quant Team - Month 2/2

This is a proposal to fund the Quant Team for the month of August (temporarily delayed due to the work related to the Ozone wallet) under the exact same terms as the month of July's proposal 11597 (https://station.terra.money/proposal/columbus-5/11597) in all respects save for the amount of LUNC, which has been changed to reflect LUNC's lower exchange rate vs. USD. Proposal update with progress update: Total for this proposal (August 1-31): 285,714,285 LUNC ($20,000) - The project timeline spans two months, divided into the following milestones: - Enhancing the existing tool to accommodate the USTC Incremental Repeg Buybacks & Staking Swaps algorithm. - Conducting modeling and simulations, capturing the algorithm's behavior and performance. - Analyzing simulation results, evaluating performance under various market scenarios, and identifying strengths and weaknesses. - Producing a comprehensive report with recommendations for the LUNC community. Additionally, the Team will identify sources of "zombie USTC" to be burned and lead that process free of charge, as it has already done with the Risk Harbor Multisig's assets. Deliverables - An enhanced tool capable of accurately simulating the USTC Incremental Repeg Buybacks & Staking Swaps algorithm. - Simulation results and analysis report, evaluating the algorithm's performance in different market conditions. - Documentation of identified strengths and weaknesses, including risk assessment. - Rolling out the necessary infrastructure and tools for any future Repeg proposal or new stable algo testing / evaluation. Vote YES if you support releasing 285,714,285 LUNC (20,000$) payment to the Quant Team for the 2nd month of work. Vote NO if you do not support the release of these funds. Link to the full proposal: https://commonwealth.im/terra-classic/discussion/12739-modeling-and-simulation-for-the-ustc-incremental-repeg-buybacks-staking-swaps-proposal-month-22