Systemic Risks in Terra LUNA Ecosystem

Professor Ryan Clements of the University of Calgary discusses the dynamics of the Terra LUNA ecosystem as UST becomes the third-largest stablecoin. Clements explains the systemic risk issues of the UST stablecoin and the Anchor protocol’s role in maintaining traction. Plus, a conversation about outside investments and Terra’s bitcoin reserves.

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#TerraLUNA #CryptoNews

[fkrr]

Would be great to have Professor Clements back on to give a run down on what happened to UST. Didn't take him too long to be right about the concerns

[johnlong]

this guy isnt a professor for nothing, shows he was right after all:)

[maryreeves]

Most thorough explanation of ust model. Good points about systemtic risks and short term anchor staking support.

[Multisportamateur]

So, Do Kwan scammed all of the believers. Reminds me of Jim Jones and his church and Jamestown.

[ludolfebner]

Why would you bring in a law professor? Completely unqualified, doesn‘t mention a single number, has no clue, talks about risks…

[inthebedrightnow]

All the luna/ust bulls have gone silent. Not responding to replies. I hope they're still alive

[erikeberhard]

Ryan rocks cd su*** how can I get his newsletters?!

[Mr---mrll]

I think this is what the ancient romans call “aged like milk” 💩🤦🏽‍♂️😂🫤🙇🏽‍♂️

[dexterous]

Is the de-peg in the room with us right now? Lol

[dexterous]

Everything is going to fail, The US dollar, Bitcoin, everything given a long enough timeline. So you have to ask how long it can sustain.

[rubbercheck]

I don't do Twitter, etc., but somebody really needs to put a poop emoji under the wolf's butt on Novogratz's tattoo and send it to Novogratz.

[stephenfarrugia]

UST will have value that will be double of it's market cap and this is only one winning point out of dozens others. I am all cool and sure about Terra. Terra is like buy Bitcoin today for one hundred dollars. Would you sell me your Bitcoin today for $ 100 ? No. Terra is the new Bitcoin but modern, pragmatic, useful, workable, supported, loved and has an excellent CEO. I can keep going on forever because there is so much to say of benefits that are never mention because people don't have any vision. The globe is going to fall in love with this coin and it will become the number one for sure.

[llamadirk]

The real threat to UST is if there is a ban of algorithmic stablecoins on US exchanges.

[quattrocity]

Why have an assistant law professor on to explain what everyone knows about anchor yield of 20% being unsustainable?

[love-ehig]

Plz review kilimuko inu and make vedio

[leokscott]

Weak. Money is an idea. All money is risk and depends on belief. The dollar has the same risks that he talks about. “Bound to fail” is true for the dollar.

[erikeberhard]

Oooohhh man the 3 guys don’t get his point ...or don’t want to... also don’t seam to know the, not really small, difference of algorithmic stable coins and stablecoins... do your Research or get 🔥ed

[TheCryptoRealm.Decentralized]

Get that middle girl off the show. When talking about twitter the other day she was oblivious with there being a problem with censorship. The bottom guy had to correct her, it was epic! There's no room for her if she's that oblivious with the censorship agenda. Or worse she believes the narrative thrown down our throats everyday. I don't know which one is worse. Either way, she's not that aware of things.

[JDN]

Terra (LUNA, using methods of liquidity generation that defy economic reason) is sketchy and Tether has literally been exposed multiple times for fraud (printing money out of thin air). $USDC is reputable, cooperative, and widely used today. Circle, issuer of $USDC, is working on a national bank charter and will be debuting on the stock market through spac $CND. Out of all stablecoins; $USDC is supreme with a strong development team and management.

[someguy]

hey coindesk, why on earth would you invite an assistant law professor to speak about crypto.. or are you just high, what a joke!