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Fall of Terra – The Precise Timeline of UST Assault – Deep Dive


Terra is the second-largest TVL ecosystem in crypto. With a market capitalization of as much as $33B and proudly owning Stablecoin-UST ranked third by way of capitalization. Many of the locked property are in Anchor on Terra, with over 14 billion UST deposited for revenue. As well as, different tasks are on monitor. Nonetheless, a “black swan” occasion occurred to this huge ecosystem and brought on the Terra community to break down in only one week fully. Be part of me to seek out out what occurred and the rationale behind this collapse.

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