Dissecting Crisis — A Deep Dive Into the Terra LUNA Recovery Plan

CyberPunkMetalHead
6 min readMay 16, 2022

The dramatic crash of over 99.9999% of LUNA and the depeg of UST which now trades at only $0.16, has wiped out over $40 billion in investments.

On their way down, UST and LUNA have also destroyed much of the public trust in Terra Labs as well as a considerable portion of the Terra blockchain infrastructure.

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CyberPunkMetalHead

x3 Top Writer and co-founder of Algo Trading Platform AESIR. I write about crypto, trading, tech and coding.