Its market cap last week was 18 billion, and it'll probably reach 0 in a day or two
Its complementary coin, TerraLuna, which can usually be exchanged for Terra, is down 97%
:brrrrrrrrrrrr: :stonks-down:
Its market cap last week was 18 billion, and it'll probably reach 0 in a day or two
Its complementary coin, TerraLuna, which can usually be exchanged for Terra, is down 97%
:brrrrrrrrrrrr: :stonks-down:
TerraUSD has a built-in delay, it will also collapse after Terra.
Reminds me of all the anti-flood compartments on the Titanic, only managing to keep the ship afloat for a few more moments
It is a completely meaningless "safety regulation" that is just one in a series of bullshit "built-in safety features" designed only to attract more buyers.