Lunas-fall-from-grace.zip -
: The event wiped out roughly $40 billion in market value and triggered a broader crypto contagion, affecting major firms and contributing to the bankruptcy of platforms like Celsius and Voyager. Key Papers and Resources
The collapse of Terra (LUNA) and its algorithmic stablecoin, TerraUSD (UST), is considered one of the largest failures in cryptocurrency history. Lunas-fall-from-grace.zip
: A comprehensive technical and historical overview of the crash mechanics. : The event wiped out roughly $40 billion
: A legal and financial analysis of the algorithmic failure. Lunas-fall-from-grace.zip