Terra collapsed because it used hubris for collateral — Knifefight
It is one of most interesting and important crypto stories right now, with the fall and rise of blockchain and the family of related tokens.
Here is an explanation in plain text of Terraform Labs’ history, how it became so successful, its implosion, the implications for markets and the things you should know to avoid similar disasters.
Terra: What is it?
Terras’ tragedy: Knifefight and the lessons learnt
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Satoshi could have used an alias but is it possible to say the exact same for Satoshi?
Terra was in a state of panic.
Brief history of catastrophe failure
That is what we have already said.
If it looks like a Ponzi and it pays 20% interest…
Collateral: Hubris
These blockchain games are taking over the mainstream. Here’s how to win
Lauras DeFi has a stake plan to help Ukraine.
Both basic and strange: The Metaverse as it is right now
DeSci: Can crypto improve scientific research?
Satoshi could have used an alias but is it possible to say the exact same for Satoshi?
It started slowly at first and then it happened suddenly
Opportunity and aftermath
These blockchain games are taking over the mainstream. Here’s how to win
Lauras DeFi has a stake plan to help Ukraine.
Both basic and strange: The Metaverse as it is right now
DeSci: Can crypto improve scientific research?
Satoshi could have used an alias but is it possible to say the exact same for Satoshi?
What to do if you spot a Ponzi?
These blockchain games are taking over the mainstream. Here’s how to win
Lauras DeFi has a stake plan to help Ukraine.
Both basic and strange: The Metaverse as it is right now
DeSci: Can crypto improve scientific research?
Satoshi could have used an alias but is it possible to say the exact same for Satoshi?
Terra collapsed because it used hubris for collateral — Knifefight