Terraform Labs wants access to wallets used by short sellers on FTX to trade UST and LUNA to prove that a “coordinated attack” was behind the depeg of its algorithmic stablecoin.
https://t.co/rxQIaUCZLH
this time last year, this man was building a censorship resistant stablecoin to remove the industry's reliance on tradfi idiocracy.
how did we reward him?
by tearing down everything he built.
do kwon is the hero crypto needs, but not the one we deserve right now.
Everyone is talking about the need for a decentralized stable coin, so let's talk about a recently launched stable coin $solid and the protocol @capapult on @terra_money. Education📚, strategies 📊, and current opportunities 🪂: 🧵👇(1/16)
"Decentralized economy does need decentralized money". It's time to release the $UST 2.0, Lord DK @stablekwon, or you will surprise us on the anniversary of $LUNA 2.0? 🌕
Have you noticed how the vast majority of Do Kwon & Terra haters have retreated back into their mom’s basement?
Hate is such exhausting & unproductive emotion
$LUNA
🚨Is @terra_money back on the crypto radar? 🗺️ Almost 1/2 billion in trading volume in just one day shows that attention could be back!🔥
Catch up with the latest price action here! 👇
#Luna#Terra#Stablecoin https://t.co/L8mXpfZFJA
Do Kwon & @terra_money have built an entire #DeFi ecosystem based on decentralized money.
Then it suffered a tremendous attack and failed.
Failure is a great teacher.
Only a fool would believe Terra isn't going to rebuild a better and more robust #DeFi ecosystem.
$LUNA 🌖