I'd argue that UST / Anchor is more transparent tbh. Anyone can read the source code, or (more accessibly) the docs and get a pretty good understanding of how it works.
For example: UST [0] - anyone can mint UST by burning $1 worth of LUNA, or mint LUNA by burning $1 worth of UST. With a bit of deductive reasoning, it's pretty clear that in a "race for the exits" scenario, infinite LUNA will be minted, driving the price of UST to zero.
For example: UST [0] - anyone can mint UST by burning $1 worth of LUNA, or mint LUNA by burning $1 worth of UST. With a bit of deductive reasoning, it's pretty clear that in a "race for the exits" scenario, infinite LUNA will be minted, driving the price of UST to zero.
[0] https://docs.terra.money/docs/learn/protocol.html