Hey Guys,
I told you all that I'd be doing a detailed video on what happened to Terra, and I'm here to deliver.
As you can imagine, there's a lot more to this story than meets the eye – certainly more to the story than any single crypto article could hope to explain. Consider this our attempt at giving you the most cohesive explanation I possibly can.
In addition to digging through just about every resource we could find, the Coin Bureau team also managed to get a hold of a high-profile member in the Terra community who was able to give us some exclusive insights as to what exactly was (and still is) going on behind the scenes and confirm the order of events that led to Terra's downfall.
I'll note that the size of the crater left by Terra is still being measured…
Everyone was exposed to Terra's ecosystem in some way, and some of the most prominent crypto VCs had poured billions into the project until it's last breath.
I would normally say enjoy, but in this case I just hope this video helps some of you find some closure. Please share if you find it helpful or insightful. With some luck we will eventually figure out exactly what happened to Terra.
For now, the content in this video is, to the best my knowledge, the best information we have at the moment.
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⛓️ 🔗 Useful Links 🔗 ⛓️
► LFG Reserves: https://datastudio.google.com/u/0/rep…
► Jump Crypto BTC UST Proposal: https://agora.terra.money/t/bitcoin-r…
► Elliptic Tracking LFG Bitcoin Wallet: https://www.elliptic.co/blog/what-hap…
► Glassnode Tracking LFG Bitcoin Wallet, Terra Fallout: https://insights.glassnode.com/the-we…
► Terra Fork Proposal Details: https://agora.terra.money/t/terra-eco…
► Terra Fork Proposal Vote: https://station.terra.money/proposal/…
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📜 Disclaimer 📜
The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.
