Terra (LUNA)

487 Articles 15 Followers

Algorithmic stablecoin:
@anchor_protocol - savings

@mirror_protocol - investments

chai+import - payments

Terra - currency


I have to investigate further (Reminder to myself)

13 May 2022 2 minute read 1 comment The Crazy Dude

Hey, I'm here again!Yes, the crazy dude who writes stuff on the internet!I know I repeat myself and for that reason, maybe this content is not for you, so don't forget to give me a tip  when you leave and thanks for the visit!Today I come "with the k...

Purchased some LUNA in this madness

13 May 2022 2 minute read 1 comment Bala

The crypto market was going crazy in the last few days, especially after the LUNA event. There are so many articles everywhere talking about what happened and why the entire market had crashed. Some information is quite true and there are also rumors...

Metaverse Weekly: Terra Luna Goes Effectively to Zero in Crypto's Largest Collapse in History

13 May 2022 3 minute read 7 comments Zacharias

Terra Luna, the protocol behind the TerraUSD (UST) and the LUNA token effectively collapsed after back to back trading sessions that saw its stablecoin UST lose its 1:1 peg with the dollar. The project is infamous for its use of the widely controvers...

Terra Falls Back To Earth

13 May 2022 1 minute read 0 comments hifi.bitcoin

Read now to learn how stability is most easily found in Bitcoin, not in crypto or in fiat. When I wrote earlier this week about how companies using Bitcoin as part of their investment strategy instead of as money is not ideal, I had no idea that the...

I May Never Regain Respect for Terra LUNA and UST

13 May 2022 6 minute read 11 comments Allen Taylor

Like a lot of people, I was shocked by TerraUSD’s (UST’s) de-pegging this week. What happened? Just to be clear, I wasn’t surprised by the market crash. The entire market is down right now, though bitcoin is back over $30,000. That’s just business as...

Game Over for UST and LUNA...

13 May 2022 1 minute read 1 comment Crypto_Lemon

Hi HODLers, The bleeding is over... $LUNA and $UST died today... They will go into the Crypto Pop Culture as previous failed projects: ETH DAO, Bitconnect, etc... Image Source The market has acted that these coins are dead and therefore is even movin...

Which Other Blockchains Could Collapse Like Terra (LUNA)?

13 May 2022 3 minute read 0 comments Bfab

Despite the numerous warnings about the lack of decentralization of Terra (LUNA) and the insane interest rate offered by Anchor Protocol (20% while outside crypto market any interest above 2-3% is considered as suspicious), $18 billion had been inves...

My Lunatic experience with Luna and UST

13 May 2022 1 minute read 0 comments supamaku

Here's my story about Luna and UST. DYOR: Checked and saw that Luna is in top coins listed in Coinmarketcap. Good project with usecase and seems with lots of real people followers on their social media. Invest only what you can afford to lose: Actual...

LUNA - Terra UST Founder Appointed New Federal Reserve Chair for Biden Administration (satire)

13 May 2022 1 minute read 2 comments BitcoinGordon

Gordon likes headlines that simply make too much sense not to be true, that certainly aren't, until they are. The Biden Administration realized they had simply been outdone in sheer terms of money printer go brrrrrrrrr. If the ministry of truth can b...

Fiasco of the year: UST's stablecoin reserves are depleted as LUNA plummets by 90%

13 May 2022 2 minute read 0 comments Stormgain

Up until very recently, Terra was one of the most promising projects around. Its stablecoin sat in third place in the relevant rankings with a market cap of $18 billion, while only Ethereum had a bigger share of the DeFi market. Terra's balancer coin...