The Coin Detective
Coins:
1962
Market cap:
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BTC dominance:
59.9%

Why Anchor Protocol is a Ponzi scheme

By fintechist.medium.com on April 23, 2022


Apr 6 This is a sequel to the first piece on the unstable stablecoin UST, which lives on the Terra Luna ecosystem that is essentially an AppChain utilising Cosmos Network’s SDK. In the first chapter, one can derive that 1 UST is actually only worth l...

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Related coins: Anchor