Maybe I'm missing something but is it a problem if SHIB is 20% of their reserves if 20% of what users are keeping on the exchange is SHIB? Of course we don't want what people actually deposited since it's a centralized exchange with no transparency. But by itself this isn't really a red flag...
Potentially destabilising is what I said. In a similar fashion to how 20% of my diet consisting of Taco Bell would carry a greater destabilising potential than a the same share of FDA recommended diet conforming home-cooked meals would.
> If 20% of depositor funds are SHIB then 20% of reserves should be SHIB.
You're the one bringing this up, not me. Not refuting it though.
