Steady Lads

Steady Lads #26: What REALLY Happened During the LUNA Crash?! w/ Chris Amani • CEO of Terra

Jan 19, 2024

CEO of Terraform Labs, Chris Amani, joins the Lads to talk about meeting Do Kwon, the rise and fall of old Terra, and his current efforts to rebuild. They also cover the market, MethLab memes, and the evolution of UST from practicality to speculation.

57:18

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Episode guests

Chris Amani

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Episode notes

Podcast summary created with Snipd AI

Quick takeaways

Despite the collapse of Terra, the community remains strong and actively builds on the ecosystem.

The upcoming SEC trial will address the fraud allegations against Terraform Labs, allowing people to make their own judgments.

Chris Amani is focused on rebuilding and rebranding Terra with a key emphasis on usefulness and practical applications.

Deep dives

Overview of the podcast episode

The podcast episode features an interview with Chris Burniske, who shares insights and experiences related to the collapse of Terra and the future prospects of the project.

Introduction

2min

Market Fluctuations, GBTC Outflows, and Declining ETF Volume

2min

Consequences of Bridging for Air Drop and Deeply Pegged ETH

2min

Valuation, Marketing Strategies, and Lessons from Previous Cycles

3min

Meeting Doe and Terra's Success

11min

The Evolution of UST: From Practicality to Speculation

10min

Aftermath and Rebuilding

27min

This week, the Lads are joined by the CEO of Terraform Labs, Chris Amani. Chris talks about how he met Do Kwon, the rise and fall of the old Terra, and what he's doing as CEO now to rebuild. The Lads give an update on the market before the interview with Chris, and we finish strong with some amazing community-made MethLab memes!

In this episode we cover:

00:00 Coming Up on Steady Lads

00:43 Market Talk

07:57 Chris Amani: CEO of Terraform Labs

09:38 Meeting Do Kwon

17:50 Terra V1: Fundamentally Broken?

35:08 From Old Terra To New Terra

50:44 MethLab Memes

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