# Disable MIM Degenbox (Poll/14) **URL:** \ **Category:** General\ **Created:** [January 28, 2022, 2:14pm UTC](https://forum.anchorprotocol.com/t/disable-mim-degenbox-poll-14/2448 "2022-01-28T14:14:25Z")\ **Posts on this page:** 1\ **Showing post:** 80
**Author:** ![narco78](https://avatars.discourse-cdn.com/v4/letter/n/8dc957/32.png) [@narco78](https://forum.anchorprotocol.com/u/narco78)\ **Post date:** [February 3, 2022, 7:58am UTC](https://forum.anchorprotocol.com/t/disable-mim-degenbox-poll-14/2448/80 "2022-02-03T07:58:17Z")
> [@luigi311](#): > > Theres also nothing stopping from a abra alternative from spinning up doing the exact same thing. Ok, you might have not been following this, but this goes beyond just ‘let’s disable MIM or let’s block EthAnchor’. This issue needs raising with Terraform Labs. What their involvement has been and why? Who have they been working with? Why they’ve been embezzling hundreds of millions of UST indirectly through the Degenbox with disregard for systemic risk? What are their plans to back out of this now it’s clear they’ve been working with known criminals and there’s contagion building? People are voting for this poll since they are worried and frustrated and there’s no other way to get their voice heard. Do we just sweep this under the carpet and hope that the $1.4B of Abracadabra exposure doesn’t suddenly get rugged? > [@Anchor Earn vs Borrow. growing chasm](http://forum.anchorprotocol.com/t/anchor-earn-vs-borrow-growing-chasm/1800/98): > > Hey all, just joined because I believe there is another point to all of this that a lot of people dont seem to be seeing. The Abracadabra UST leverage farm is a very convenient way for Terralabs to liquidate hundreds of millions of UST without hurting the peg a lot and they have a direct incentive to keep that one going for as long as possible. How are they doing it? Happy that you asked. Back in September Terralabs announced “Project Dawn” to help cover operating costs by releasing 3 milli… --- _[View the full topic](https://forum.anchorprotocol.com/t/disable-mim-degenbox-poll-14/2448)._