Crypto Chat: Terra's UST stablecoin unraveled last week and the entire crypto market was shaken up, now what?
*Recorded May 16, 2022
Last week Terra’s UST ($UST) took a drastic plunge, losing its dollar peg, shaking up the crypto market, and the incident exposed the weakness of algorithmic stablecoins.
Walter Teng & Carrie Presley discuss the Terra Luna ($LUNA) ecosystem, including recent developments from Do Kwon, co-founder of Terra Luna blockchain.
Crypto Weekly: The UST Unwind and Its Implications
Crypto Market Update from Sean Farrell
Reports you may have missed
Walter Teng, Digital Asset Strategy Associate, recently reported an overview of the Anchor Protocol (ANC) in our DeFi Digest publication, noting a 19.5% earn rate. Walter provides a brief overview of the protocol and what’s shifted in the last few days. (UST -0.30% ) DEFI DIGEST: ANCHOR PROTOCOL
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