LUNA UST Implosion: How it happened, lessons learned

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The Terra Luna implosion of the both the LUNA and UST tokens unfortunately have ravaged their users of all of their funds and have rocked the crypto markets negatively. In this video, we explore how it happened, answer some key questions and identify lessons learned.

Timestamps below:
00:00 Hello
00:33 Stablecoins are not stable
03:39 How LUNA ecosystem works
05:28 How the crash happened
09:58 Lessons learned

Note: Not financial advice, for entertainment and educational purposes only. :)
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Another very informative video. Thanks Drini!

duzi
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Very simple and accurate.. thanks alot

atheekahamed
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07:08 more luna now has to be burned ? there is a missunderstanding here or ?

MrLiveYourLife
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I just remembered SPL, even wanted to adopt this kind of model for their token..some what like that..hehe

jerricoestrellado
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i was looking to get into anchor, glad i didnt now

stemster
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what if I am already in? like just take the 70% loss?

josuegarcia
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