DeFiDeFi
5 articles tagged DeFi.
Articles
DeFi
DeFiTerra’s collapse is what an algorithmic peg looks like when the bid dies
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.EasyCryptoGuides · · 2 min read
DeFiWhat is Liquity USD (LUSD)?
LUSD is a stablecoin from the Liquity protocol: over-collateralised with ETH, redeemable, with a stability pool. The peg is a mechanism, not a promise from a treasury.EasyCryptoGuides · · 2 min read
SecurityPoly Network’s $610m hole was a bridge bug. The chains kept running.
A little-known interoperability protocol lost on the order of $610 million, then spent two weeks getting it returned. Ethereum did not halt. A keeper path did.EasyCryptoGuides · · 1 min read
DeFi