Discover and read the best of Twitter Threads about #TerraUSD

Most recents (6)

2022 was the victim of many major #crypto crashes, but three of them stood out the most.

#LUNA\#LUNC | #FTX | #CelticFC

Here's a thread! 🧵👇
2- Let's start off with the infamous #TerraClassic, which saw its token at the time, $LUNA (now known as $LUNC) crash from $86 to under $0.01 in just 48 hours which caused $LUNA holders to lose a total of $60 Billion.
3- What happened? Well, over $2 Billion #TerraUSD $UST was unstaked from #AnchorProtocol and many millions of dollars swiftly became liquidated.

#TerraClassic still exists to this day and their community of #LUNAtics still believe in its future, but do you?
Read 7 tweets
1 of 12. This thread is targetting information about $LUNA 2.0 and the airdrop coming from genesis.
What are the implications ?
What and when will you receive what?

$UST #Terra_Luna #terraluna #TerraUSD
@OAlsta @Nate_UST @thecontrarycow @terra_money @stablekwon @Orca_Club
2. Let’s base ourselves on the picture of the first post.

Outside of community funds, receiving a share of 25%, the rest will be separate thru 4 categories.
Pre-Attack aUST (100m LUNA)
Pre-Attack LUNA (350m LUNA)
Post-Attack LUNA (100m LUNA)
Post-Attack UST (200m LUNA)
3. Pre-Attack aUST
According to the Prop. 26.72% of aUST are considered. For a total of 3.874G $UST.
Hodlers with more than 500k aUST will be limited to a claim having a valuation of 500k aUST.
None available at genesis.
15% available @ genesis remaining vesting (details to come)
Read 13 tweets
טוב, אבל אם כבר לונה, אז יאללה: סיכום קטן (אך לא קצר), על איך התאדו להם יותר מ-40 מיליארד דולר:
1. קודם כל, כדי להבין את לונה, אנחנו בעצם צריכים להבין מהו Stablecoin. סטייבלקוינס, או בעברית, מטבעות יציבים, הם מטבעות שערכם צמוד לערך מטבע רגיל כלשהו - דולר, אירו וכו'.

סטייבלקוינס מתחלקים לשני סוגים עיקריים:
1. סטייבלקוינס מגובי פיאט (מגובי כסף רגיל) - כשמם כן הם. אלה טוקנים, מטבעות קריפטו שקיימים על שלל רשתות בלוקצ'יין, שעל כל טוקן אמור להיות דולר/יורו/וכו' אחד בחשבון הבנק של החברה המנפיקה.
הסטייבלקוינס הגדולים ביותר הם מהסוג הזה - USDT ו-USDC (אבל בואו נגיד ש-USDC הוא האמין יותר).
Read 26 tweets
"Crypto Billionaires’ Vast Fortunes Are Destroyed in Weeks" - colour me #Schadenfreude! They got rich pumping a technology that has consumed vast material and human resources, and produced no services of value to humanity so far other than entertainment. bloomberg.com/news/articles/…
Re entertainment: if you see #crypto as mainly a branch of the gambling industry, it all makes sense. Remember the vast poker craze a few years back? People like to gamble - and if they can tell themselves they are changing the world at the same time, expect a big bubble.
Who puts their life savings in a crypto coin? Who borrows from the bank to fund #crypto investments? There are answers I can think of: shrewd investors with bad timing; victims of a scam; gambling addicts; or complete idiots. What do you think?
…-independent-co-uk.cdn.ampproject.org/c/s/www.indepe…
Read 4 tweets
Resumen de #LUNA, la criptomoneda de la blockchain #Terra que se hundió y perdió el 99% de su valor cayendo desde una capitalización de mercado de $44 mil millones y un precio ATH por moneda de $119.5, a menos de $2 mil millones de capitalización y un precio $0.69? 😱

Hilo

1/23
Para que todos los que lean este hilo puedan entender lo que pasó con la criptomoneda #LUNA y porqué se hundió como el Titanic, primero debemos saber lo que son las monedas estables o Stablecoins, como se clasifican, para que fueron creadas y como funcionan:

2/23
¿Qué es una moneda estable o #Stablecoin?

Es una criptomoneda que se emite a través de una #blockchain y que tiene como garantía/colateral dinero FIAT, materias primas y/o otros instrumentos financieros. Esto con el propósito de mantener una paridad 1:1 con el dólar #USD.

3/23
Read 27 tweets
My thoughts on $Terra , $Luna & $UST, whether it's a good time to make money or bites the dust :
#LUNA #UST #TerraUSD #Terra #Cryptocrash #cryptocurrency #cryptotrading #LUNAtics
#TerraUSD

/This is my first ever thread on Twitter so give it some support :)
1. Luna fell from $96 to $0.89 in just 20 days. Can you guys imagine? This wasn't an ordinary coin. It was under top#10 in the entire world.. This could be a life changing trade. Already 3x from $0.89 which is the latest bottom... Image
2. There's a nice downside risk but could be huge huge profits if it played out..
Read 8 tweets

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