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Luna’s ecosystem paved the way for decentralized finance, with its collapse offering lessons in market stability and the risks of algorithmic stablecoins.
Luna’s ecosystem paved the way for decentralized finance, with its collapse offering lessons in market stability and the risks of algorithmic stablecoins.
The duo from TerraUSD and Luna were unable to maintain the dollar peg and were withdrawn from trading on the largest crypto exchanges.
The Anchor Protocol community suggested ways to stabilize Luna, the founder of Terra got in touch and supported the community.
The failed algorithmic 2020 project, Basis Cash coins, was founded by Terraform Labs employees.
Alex HarutunianThe failed algorithmic 2020 project, Basis Cash coins, was founded by Terraform Labs employees.
Alex HarutunianThe duo from TerraUSD and Luna were unable to maintain the dollar peg and were withdrawn from trading on the largest crypto exchanges.
Alex HarutunianThe Anchor Protocol community suggested ways to stabilize Luna, the founder of Terra got in touch and supported the community.
Alex Harutunian