Stablecoins… Should be stable.
UST lost it’s peg, dropping to as low as $0.61. Even after recovering to above $.90, Luna has crashed from near $90 a week ago to $17 right now. Wow.
It started with a single trader.
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If you hadn’t been watching, this is now at zero. Crash of the century.
Do Kwan has plans, but not everybody is on board.
Here’s the plan:
Read the comments to get a sense of the anger that’s still very much present.
Just came across more details about the proposed Luna fork and proposals on the table that holders can vote on.
How do you change a proposal mid vote with an amendment?!?