Why Algo stablecoins dont work | Why Terra Luna crashed
Why Algo stablecoins dont work | Why Terra Luna crashed
Tascha's thread on lessons from Luna crash on twitter:
/ 1526276308119932928
Timestamps:
0:00 Intro
0:10 How UST maintains its peg on Terra blockchain
6:38 How stablecoin biz works and causes for luna crash
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