Tokenomics #9 The Collapse of the Terra Ecosystem Explained
Deconstructor of Fun
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What's the Cause of the Coin Crisis?
30 days ago the price of luna was 81 dollars for five cents. Now it's less than two ten thousandths of a cent. The idea itself could potentially still have worked, but again, i think it, it just got too greedyiht. And panic caused more panic, and it got into a death spiral.
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