Luna Terra Algorithmic Stablecoin Crash: Revision history

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  • curprev 21:3821:38, 28 January 2023Azoundria talk contribs 35,200 bytes +35,200 Created page with "{{Imported Case Study|source=https://www.quadrigainitiative.com/casestudy/lunaterraalgorithmicstablecoincrash.php}} thumb|Terra LabsThe Terra/Luna ecosystem consisted of two tokens. Terra was intended to maintain a "stable" value of $1 USD. Luna, on the other hand, was intended to absorb the volatility from Terra. Holders of Terra were given a blockchain-enforced right to redeem their Terra immediately for $1 worth of Luna, something which is comm..."