The LUNA and UST Crash Explained in 5 Charts - CoinDesk
WEBMay 11, 2022 — UST, a so-called algorithmic stablecoin, works with its sister token, LUNA, to maintain a price around $1 using a set of on-chain mint-and-burn mechanics. In theory, these mechanics are...
The Fall of Terra: A Timeline of the Meteoric Rise and Crash of UST …
WEBJun 1, 2022 — Its companion token, LUNA, which was meant to stabilize UST's price, fell from $80 to a few cents by May 12. CoinDesk followed and reported on the rise and the ultimate demise of the Terra...
What Is LUNA and UST? A Guide to the Terra Ecosystem - CoinDesk
WEBMar 21, 2022 — Luna (LUNC) and TerraUSD (UST) are two native tokens of the Terra network, a blockchain-based project developed by Terra Labs in South Korea. The Terra blockchain is built on Cosmos SDK; a...
Luna Crypto Crash: How UST Broke and What's Next for Terra
WEBWhat is unprecedented, however, is the collapse of the luna cryptocurrency and its associated terraUSD stablecoin, aka UST. You may not have heard of UST before, or know what a stablecoin is,...
Why Did Terra’s (UST) Algorithmic Stablecoin and Luna Crypto …
WEBMay 21, 2022 — A branch of cryptocurrencies called stablecoins has been trying to create dependability within digital currencies. But a blowup of Terra’s UST, powered by algorithms and Luna tokens, left $60 ...
How Terra's UST and LUNA Imploded - Decrypt
WEBMay 14, 2022 — Even as the entire crypto market tanked, the biggest story was the dual implosion of Terra's UST and LUNA. Here's what happened.
The LUNA and UST Crash Explained in 5 Charts - Yahoo Finance
WEBMay 11, 2022 — UST, a so-called algorithmic stablecoin, works with its sister token, LUNA, to maintain a price around $1 using a set of on-chain mint-and-burn mechanics. In theory, these mechanics are...
Deep Dive: UST/LUNA Explained and The Future of Stablecoins
WEBMay 24, 2022 — Its algorithmic stablecoin, UST, depegged and, along with its sister token, LUNA, entered the dreaded and ominously named ‘death spiral’. From recent highs of over $100, UST fell to around 12...
Terra
WEBFueled by the passionate #LUNAtic community and deep developer talent pool, the Terra blockchain is built to enable the next generation of Web3 products and services. Build crypto's next killer app using Terra's suite of developer tools and resources. Build on Terra.
Why is UST, LUNA crashing? Collapse of a once $40 billion ...
WEBMay 14, 2022 — (6 min) What happens when a “stablecoin” isn’t so stable? Investors are trying to make sense of what’s going on with a popular token known as TerraUSD, or UST, once the world’s third largest...
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