A naukri.com initiative
Bitcoinsensus
2w
266
Image Credit: Bitcoinsensus
Why Did Terra LUNA Fail: Lessons From Terra Crash
- Terra LUNA's collapse revealed flaws in its algorithmic stablecoin architecture and vulnerability to shocks.
- The peg between UST and LUNA lacked reserves, leading to hyperinflation and a collapse.
- Lessons learned: sustainable stablecoins need reserves, adaptive mechanisms, and transparency in design.
Read Full Article
16 Likes
For uninterrupted reading, download the app