Theoretical question about a LST bank run
So ATOM has an absurdly long unbonding period which has led to a large part of the community taking advantage of LSTs like stATOM.
And since stATOM is just a stand in for ATOM… if a large enough part of the community wanted their ATOM back, couldn’t that cause a liquidity crisis since a majority of the ATOM is staked?
I’m sure there’s something I’m missing here. Just had an interesting late night thought.