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What can other algorithmic stablecoins learn from Terra’s crash?

June 12, 2022 by DIGIT
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The main problem that led to the fall of Terra was that the reserves appeared to be overcollateralized, but in reality, they weren’t.

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  • bitcoinBitcoin(BTC)$89,706.00-2.64%
  • ethereumEthereum(ETH)$3,036.80-4.21%
  • tetherTether(USDT)$1.000.00%
  • rippleXRP(XRP)$2.04-2.13%
  • binancecoinBNB(BNB)$884.73-2.08%
  • usd-coinUSDC(USDC)$1.000.00%
  • solanaSolana(SOL)$133.29-3.84%
  • tronTRON(TRX)$0.2871770.21%
  • staked-etherLido Staked Ether(STETH)$3,035.49-4.26%
  • dogecoinDogecoin(DOGE)$0.139692-4.96%