Off-Chain 5-12-22: The monumental UST de-peg and $4bn Bitcoin short position that's melting down the market
The Decrypting Crypto Podcast
00:00
The Terra Eco System and Luna Am - What's Happened?
Terra has lost its peg and dropped to as low as 30 cents as of yesterday. A is part of the terrar eco systems, one of the largest stable coins in the hall market with a market cap of around about 18 billion. Luna is not pegged to to the dollar at all; it's a volatile token like e thor b t c that fluctuates in price.
Play episode from 03:22
Transcript
