
This Is How the Terra Stablecoin Actually Imploded
Odd Lots
The Fall of Terra: A Crypto Cautionary Tale
This chapter explores the dramatic collapse of the Terra stablecoin and its token, Luna, paralleling it to the sacking of Carthage in Roman history. The hosts analyze the complexities and risks of algorithmic stablecoins, discussing the implications for investors and the crypto landscape. Featuring insights from a guest with extensive industry experience, the conversation delves into the mechanics of Terra and highlights the challenges posed by high yield promises amid volatility.
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