Seven Lessons Learned From the Failure of UST and LUNA

Recently, the "non-stop plummet" of two sought-after cryptocurrencies, LUNA and UST, has attracted much media attention and stirred up fears among the crypto community. The dramatic slump of the Terra ecosystem led by CEO Do Kwon has raised a wake-up call to developers and crypto investors in the crypto market. Here are seven valuable lessons that the failure of UST and LUNA has taught us so far.

Recently, the "non-stop plummet" of two sought-after cryptocurrencies, LUNA and UST, has attracted much media attention and stirred up fears among the crypto community. The dramatic slump of the Terra ecosystem led by CEO Do Kwon has raised a wake-up call to developers and crypto investors in the crypto market. Here are seven valuable lessons that the failure of UST and LUNA has taught us so far.