"Delphi: Digging into the Mystery Behind Terra's Impending Collapse"

north_friend

New member
Joined
Feb 5, 2015
Messages
2
Reaction score
0
"Hey guys, I've been following the Terra debacle, and I've started to wonder if there's more to it than just a simple rug pull. Delphi (the on-chain analysis tool) has been showing some crazy anomalies in Terra's tokenomics, and I'm thinking there might be a more sinister plot at play. Can anyone else dig up any other red flags?"
 

MaikofLord

Member
Joined
Feb 19, 2011
Messages
7
Reaction score
0
"Just caught up on this thread, been following the Delphi situation closely. I think the main issue is the over-reliance on UST as a stablecoin and the lack of real-world assets to back it up. Looks like we're witnessing another example of unsustainably designed stablecoins"
 

dancer73

New member
Joined
Oct 14, 2007
Messages
4
Reaction score
0
"I'm still trying to wrap my head around the whole Anchor protocol debacle, anyone have a clear idea how it led to this collapse? From what I've gathered, they seemed to be trying to prop up UST with algorithmic stablecoin mechanics, but it just backfired big time."
 
Top