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Terra
The Risks Behind LUNA-UST Stablecoin, According to a Bearish Academic
The Terra ecosystem's breakout success may be "unsustainable," University of Calgary law professor Ryan Clements said on CoinDesk TV's “First Mover.”
Frax, Terra-Backed 4pool Goes Live on Fantom Network, Attracts $31M
Frax is working on supporting Fantom projects interested in joining the yield pool, its founder confirmed.
Systemic Risks in Terra LUNA Ecosystem
Professor Ryan Clements of the University of Calgary discusses the dynamics of the Terra LUNA ecosystem as UST becomes the third-largest stablecoin. Clements explains the systemic risk issues of the UST stablecoin and the Anchor protocol’s role in maintaining traction. Plus, a conversation about outside investments and Terra’s bitcoin reserves.
Terra’s LUNA Surges 17% as UST Becomes Third-Largest Stablecoin
Terra has also purchased record amounts of Convex tokens in the past month, research found.
Tether's Paolo Ardoino on UST: 'It's All Fun and Games' Until You're a $100B Coin
The algorithmic stablecoin's growth has surpassed its larger rivals.
First Mover Asia: Terra Is 2022’s Version of Corporate Bitcoin Buying; Cryptos Hold Steady in Weekend Trading
The Luna Foundation Guard now holds about $1.7 billion in bitcoin, but crypto markets seem unimpressed with its purchases this year; bitcoin and ether are flat.
Terraform Labs Gives $820M in LUNA Tokens to Luna Foundation Guard
LFG's reserves now stand at about $2.4 billion.
Terra's Anchor Protocol to Launch on Polkadot DeFi Hub Acala
A month after launching on Avalanche, Anchor continues its expansion onto new base layers.
Luna Foundation Guard Adds $100M in BTC to UST Reserves
LFG's balance now sits at $2.26 billion, 75% of which is bitcoin.
Why LFG's BTC Buying Spree Barely Moved the Markets This Time
The Luna Foundation Guard (LFG) added over $173 million in bitcoin (BTC) to its TerraUSD stablecoin reserves, totaling its holdings to almost 40,000 BTC, or roughly $1.67 billion. “The Hash” group discusses the lack of a bitcoin price reaction to LFG’s purchases, the correlation of bitcoin to traditional markets and the “tribal nature of crypto.”