Yamane, I hope this do not comes out as mean, but no, it's not a stablecoin like Luna in the slightest, and to all of your questions, the answers are all thoroughly answered in the paper.

We can discuss how you think that my solutions do not solve this problems, or fail, or etc. But the answer to "it's like Luna" is just: "no". VHT is not a stablecoin like Luna, is a flatcoin. The bitcoin reserve can not decrease. The exchange rate problem solution is described in the paper. I do not intend to solve bitcoin price fluctuations, this is not a price control protocol. I do not intend to create another stablecoin, the paper explicitly states that stablecoins are a bad idea regarding crypto adoption.