What Happened to LUNA & Terra? A Death Spiral, an Offering Trap, and a Mathematical Drawback

What Happened to LUNA & Terra? A Death Spiral, an Offering Trap, and a Mathematical Drawback


NullTx
2022-05-20 17:59:36

1. What happened to Terra? Terra, the most famous algorithm stable coin project in the cryptocurrency market, experienced a disastrous downside during the past week, which also caused a crash in the whole market. Till May 18th, the negative deviation of Terra’s stable coin called UST has been near 90% from 1 USD dollar. Terraform […]The post What Happened to LUNA & Terra? A Death Spiral, an Offering Trap, and a Mathematical Drawback appeared first on NullTX.