Post Mortem on the life and death of Terra LUNA. UST lost its peg last week leading to an unwind of the stablecoin and a collapse in the price of LUNA.
Timestamps
00:00 Opening Remarks
01:30 Tuesday & Wednesday Price Movement and Hyperinflation
05:00 UST/LUNA mint/burn mechanism
09:55 33% Attack Vulnerability, Blockchain Pause & Validator Centralization
25:50 Do Kwon Proposal to Salvage Luna (Hard Fork)
34:40 Where is the Bitcoin???
38:08 Collateral Damage
45:20 Regulatory Fallout
50:40 Market Fallout, Bear Market & Alt L1 Narrative Death
54:40 Closing Remarks. Check out our previous LUNA episodes below to learn more.
UST Collapse Emergency: https://open.spotify.com/episode/5tj0Ev78JlMdd27qemghdy?si=41593ebfae99487a
LUNA Deep Dive: https://open.spotify.com/episode/6Dq547TCh0QyRuyefpHmem?si=ae96747fd6024f2b