Terra


Videos

How Luna Foundation Guard Became the ‘Most Followed’ Bitcoin Whale

CoinDesk Reporter Krisztian Sandor discusses the Luna Foundation Guard’s bitcoin reserves for the UST stablecoin, noting the nonprofit organization as the “most followed whale,” holding almost as much BTC as Tesla. Sandor explains LFG’s role in the Terra blockchain ecosystem, algorithmic stablecoins, and the possible risks of UST.

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Markets

Bailout Fund, Backstop or Bouncy Ball? Here's How LFG's Bitcoin 'Reserve' Might Work

Developers of the fast-growing UST stablecoin say the coin's $1 value peg isn't "backed" by anything – just a blockchain-based algorithm. So why does it need a multibillion-dollar bitcoin reserve in case of an emergency? How would that work?

TerraForm Labs founder and CEO Do Kwon (CoinDesk TV, modified by CoinDesk)

Opinion

‘Built to Fail’? Why TerraUSD’s Growth Is Giving Finance Experts Nightmares

The Terra/Luna blockchain is growing at a blinding pace. At its heart, according to some critics, is a ticking time bomb.

A bank run in progress at New York City's American Union Bank on April 26, 1932. A run on an algorithmic stablecoin would similarly leave some depositors empty-handed. (Wikimedia)

Layer 2

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.”

LUNA-UST Stablecoin Shows Risks of Destabilization, Law Professor Says (Ganapathy Kumar/Unsplash)

Tech

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.

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Videos

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. 

Recent Videos

Markets

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.

(Annie Spratt/Unsplash)

Markets

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.

Tether CTO Paolo Ardoino at Paris Blockchain Week on April 14, 2022. (Twitter/Bitfinex, modified by CoinDesk)

Markets

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.

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Markets

Terraform Labs Gives $820M in LUNA Tokens to Luna Foundation Guard

LFG's reserves now stand at about $2.4 billion.

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