Algorithmic stablecoins are very unstable. "UST" High APY makes you earn interest, lose principal, and almost lose 100,000 BTC Reserves to carry it all | UST | Terra | LUNA
1. Project introduction
UST Great Decoupling Quickly understand what happened, everyone just wants to make money and high APY is a Ponzi scheme, the relationship between LUNA and UST is very close, causing LUNA to fall seriously, use the BTC in the foundation's treasury to fight the fire, players who have invested in UST should Even I am not surprised by the miserable losses. Algorithmic stablecoins are not necessarily stable. It still needs to see how the mechanism behind them works. I will teach you how to track the wallet and keep the UST repurchase mechanism at 1U. Let’s continue.
2. Video introduction
3. Small miners dig mining link tree
Like my work? Don't forget to support and clap, let me know that you are with me on the road of creation. Keep this enthusiasm together!
