There was never any u i for it. You had to use the command line to do it. People who were on the tra realized that they could buy us t on the market, turn it into luna and sell it as a profit. This put luna into this like hyper inflationry sort of cycle where, like, the price of luna kept dropping.
In this week’s episode, Anna catches up with Zaki Manian from Sommelier and Dean Tribble from Agoric. They check-in with the latest project news, recap about the UST collapse, and look into IST - Inter Stable Token - a project by the Agoric team that aims to become the Cosmos native multi collateral stablecoin.
Here are some links for this episode:
We're excited to announce ZK Whiteboard Sessions – a weekly educational video series focused on the building blocks of ZK. Produced by ZK Hack and powered by Polygon.
zkSummit 8 is happening in Berlin on Sept 15th during Berlin Blockchain Week!
Apply to attend: https://www.zksummit.com/
Today’s episode is sponsored by Aleo.
Aleo is a new Layer-1 blockchain – if you’re building private applications then check out Aleo’s programming language called Leo which enables non-cryptographers to harness the power of ZKPs. Visit leo-lang.org to start building.
You can also participate in Aleo’s incentivized testnet 3 by downloading and running a snarkOS node. No sign-up is necessary to participate. For questions, join their Discord at aleo.org/discord
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