Hello HODLers!

By now everybody know about Luna and UST bankrun, those risks are part of this sector, but honestly I did not expect something like this. I have been in the sector for years, but i've been hurt by this shit, as I was holding Luna and UST. Anyway, like in real life, I try to understand where I went wrong, so that I no longer repeat the mistakes of the past.

What is the main lesson I learned from this whole Luna and UST story?
That algorithmic stablecoins are way riskier than collateralized ones and under market stress they do not guarantee the maintenance of the dollar peg, that is, the anchor at the value of $1.

A less risky solution is to opt for collateralized stablecoins, that is, for each $1 token issued, there is at least one dollar of cash equivalent.
This happens, for example, for USDT, which is in fact a 100% collateralised stablecoin: 100% coverage of the amount of currency in circulation is therefore ensured.
The USDT situation seems in fact under control, precisely because USDT is 100% collateralized with $ and securities which in the event of a Bank Run would guarantee a recovery of the peg through the sale. The system held up very well despite a little hint from depeg these days.
Do your own researches, I hope my considerations can be useful.

Earn SWEAT by Walking before It Gets Listed!

Yes, for real! You can earn free Crypto every day with your phone just by walking, with Sweatcoin! And you don't need any investment to start earning! Sign up here: https://sweatco.in/i/angelo95