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EP 16: CEO of Box Aaron Levie gives founder advice, Founder of Flatiron Zach Weinberg returns as guest host, and crypto expert Eric Golden joins to discuss UST-Luna!

The Logan Bartlett Show

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How Does the Algo Work?

A coin called luna had a peg to the dollar, so that it was always stable. The idea was you could do in reverse, if,. for some reasonit it went above a dollar, you would sell thosean convert back the other way. But by the time you sell it, if luna has fallen, continued to fall, it doesn't work any more. And so what happened was, over the week end, people started to se out.

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