Terra / LUNA news real problem or FUD?

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With Terra, yes

With broader crypto, no

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The sum of the Luna backing Terra is worth less than all the Terra. That's called undercollateralized and that's an issue

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Staying away from LUNA at all costs - these VC’s prop up cookie cutter protocols and throw money at them to pump the price… the common person will learn the definition of “exit liquidity” soon enough! No fundamentals, and nothing but trial by fire framework - I’d rather not put my money into these shakey protocols but that’s just my $.02

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The 20% is not sustainable. They're just giving away free VC money. I expected a slow deflation not a pop, but that this ended badly shouldn't surprise anyone.

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Real problem depending on whether you’re long or short. When you collateralize your money based on expectation of something going up and staying up, what happens when it does the opposite?

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Lost peg down to 60 cents is pretty massive. Not much of a stable coin

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I feel the pain for holders. 4 days and Luna has been hit hard.

I sold all of my UST. I'm done

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