Conspiracy Theories Abound as Terra Tries to Save UST
Publikováno: 10.5.2022
TerraUSD (UST), an algorithmic stablecoin hosted by the Terra network and created by South Korea's Terraform Labs, has once again lost its dollar peg after a wave of sell-offs hit the crypto market.
The stablecoin, which is supposed to maintain a value of USD 1 by creating and destroying supply through a swap with Terra’s governance and staking token LUNA, dropped to as low as USD 0.666831 at one point over the past 24 hours, according to CoinGecko....
Read More: Conspiracy Theories Abound as Terra Tries to Save UST