4min chapter

Bankless cover image

UST: New Paradigm or Ticking Time Bomb? | Terra Bear vs. Bull

Bankless

CHAPTER

The Decentralized Stable Coin

Gershwin: Can you explain the fundamental properties of luna and us t, like what is its designed philosophy? And how does it achieve those goals? Ags: The easiest way to terra is actually through its product, which is us t. This gives luna a really interesting ro in the taraico system,. Right where it's both the staking token, like it would be proof of stake chain, but it's also the share token for this, for this decentralized stable coin. Am I right that siro is the biggest dcentralized stable coin, b by maraca cap? It's probably about to be the most liquid with the for pool.

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