2022 – Two Key Conclusions from Nansen’s UST Stablecoin Depeg Report by Cointelegraph


Two main conclusions from Nansen’s Stablecoin Depeg report

As the dust settles on the catastrophic collapse of the ecosystem, a deep dive into the chain by blockchain analytics firm Nansen highlights two main findings.

The cryptocurrency ecosystem was immersed in various speculative theories About the case of Tira arithmetic stablecoin value added tax Separating from a $1 mountain. The mystery of who and why seemed to be a mystery, but the outcome was catastrophic as the ground tank fell below $1 while the value of the Terra stable token plummeted as a result.

The attackers exploited the liquidity of the flat curve to take advantage of arbitrage opportunities

Seven central wallets for UST .’s Depeg

Read more on Coin Telegraph

Source site 23