Terra’s UST De-Pegs by 40%, Raising Questions About Feasibility of Algorithmic Stablecoins

By cineramaMay 10, 2022DeFi

Terra’s stablecoin UST, the poster child for decentralized assets tied to the US dollar, is off its peg by the most ever as its backbone, the LUNA token, dives. […]

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Terra’s UST De-Pegs by 40%, Raising Questions About Feasibility of Algorithmic Stablecoins

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