DeFi — EasyCryptoGuides https://easycryptoguides.com/ Latest DeFi coverage on EasyCryptoGuides. en-gb Terra’s collapse is what an algorithmic peg looks like when the bid dies https://easycryptoguides.com/news/terra-ust-luna-collapse-an-algorithmic-peg-is-a-design https://easycryptoguides.com/news/terra-ust-luna-collapse-an-algorithmic-peg-is-a-design Thu, 12 May 2022 16:00:00 GMT EasyCryptoGuides A token that was supposed to stay at $1 by minting and burning LUNA hyperinflated the seigniorage coin instead. Anchor’s yield was demand, not a law of physics. Compound’s COMP drip is an incentive design, not free yield https://easycryptoguides.com/news/compound-comp-distribution-was-an-incentive-design https://easycryptoguides.com/news/compound-comp-distribution-was-an-incentive-design Mon, 15 Jun 2020 14:00:00 GMT EasyCryptoGuides About 2,880 COMP a day, split by market interest, half to each side. Governance theatre plus a token you can dump. Smart contracts still do not unwind a confused approval.