Terra collapsed because it used hubris for collateral — Knifefight
Cointelegraph
Published May 20, 2022 09:40AM ET
Updated May 20, 2022 10:00AM ET
The rise and fall of the Terra blockchain and family of related tokens is both one of the most convoluted and one of the most important stories happening in crypto right now.
Assembled here is a plaintext explanation of what Terraform Labs built, why it got so big, why it imploded, what it means for the markets, and what you need to know to keep yourself safe from similar projects in the future.
h4 What exactly is Terra?/h4
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Written By: Cointelegraph
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