/ algorithmic stablecoin


NEAR Protocol’s TVL Nearly Halved After Announcing Stablecoin’s Removal
/ DeFi, Trending

NEAR Protocol’s TVL Nearly Halved After Announcing Stablecoin’s Removal

NEAR Foundation to remove USN from the ecosystem to prevent algo stablecoin's depegging due to extreme market conditions.

October 25, 2022
Terra to Start New Blockchain on 27th May, Will Abandon UST

Terra to Start New Blockchain on 27th May, Will Abandon UST

After the hard fork, Luna tokens would become "Luna Classic" tokens.

May 25, 2022
Crypto.com Reverses LUNA Trades After Displaying Wrong Price

Crypto.com Reverses LUNA Trades After Displaying Wrong Price

CRO briefly misreported Luna's price and reversed trades on both buy and sell side.

May 13, 2022
67% of UST’s Demand Comes from Anchor Protocol: Stablecoin Now 3rd Largest

67% of UST’s Demand Comes from Anchor Protocol: Stablecoin Now 3rd Largest

Over 67% of UST tokens are locked on Anchor because of its generous APY, but analysts claim this is not sustainable.

April 19, 2022

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