Terra Crash and the Future of Stable Coins.
Terra/Luna, a $40B+ ecosystem and Secret Network partner, collapsed to zero last week. There's no way to spin it, this sucks. But... we must learn, understand, and build back better. In this educational breakdown Eric explains the Terra/Luna model, the monetary theory of stable coins, and posits how the stable-coin ecosystem can build back stronger after this heart-wrenching catastrophe.
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