CZ On Terra (LUNA): Most Stupid Design Flaw Is Thinking Minting More Of An Asset Will Increase Total Value - BitcoinEthereumNews.com
TeknolohiyaCZ On Terra (LUNA): “Most Stupid Design Flaw Is Thinking Minting More Of An Asset Will Increase Total Value”05 / 21 / 2022Balita ng Ethereum ng Bitcoin- Advertising - Binance CEO: Terra Had The Chance To Save Luna And UST When The De-peg Was At 5% But They Failed To Act. There have been varying opinions from various people in the crypto community concerning what happened to LUNA and UST. The two crypto tokens crashed prices within days, sending the entire Terra ecosystem into panic mode. The UST stablecoin lost its USD peg while LUNA shed off over 95% of its value. Of the many people who have come out to share opinions about the incident, Binance CEO has been among the most vocal. Binance anounced that the CEO has released an artikulo covering what happened to UST and LUNA as well as the lessons that should be learned from the incident and what the future holds for the affected crypto ecosystem. .@ cz_binance has written a new article about $ LUNA it just dilutes existing holders. Exponentially minting LUNA made the problem a lot worse. Whoever designed this should have their head checked.” CZ isnt the only one opposing the fork. The majority of the