Terra is exploding. Do Kwon and the Terra ecosystem are turning Bitcoin into their collateral asset of choice to backstop LUNA and the UST stablecoin. Over the last several weeks, the Luna Foundation Guard (LFG) have bought over 30,000 BTC… and they don’t plan to stop there.
As the LFG climbs the ranks of bitcoin holders, Do Kwon has started playing empire games—claiming victory over the Curve Wars with the 4pool (which contains UST, Frax, USDC, and USDT), calling for the end of DAI, and attempting to build out the Terra ecosystem as the ultimate power in the universe.
Is Terra (UST) the future of crypto money? Or is it a ticking time bomb waiting to explode? Perhaps the truth is somewhere in the middle, so we’re going to debate it. From the bull side is Delphi Digital’s José Maria Macedo, and representing the skeptics is Selini Capital’s Jordi Alexander.
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7:30 LUNA/UST Fundamental Properties
15:15 The Balance Between LUNA/ETH
20:00 Why Bullish/Bearish?
25:28 Why is UST a Successful Stable?
30:19 Are Algo-Stablecoins Unstable?
42:25 Anchor’s Utility
48:02 Do Kwon $10B Purchase of LUNA
52:02 Is UST Becoming a Bank?
57:00 Risks of De-pegging
1:06:30 Has LUNA/UST Been Tested?
1:15:00 Do Kwon & Decentralization
1:27:50 Do Kwon’s 4pool
1:39:05 Potential Nightmare Scenarios
1:48:04 Closing Arguments
Jordi Alexander CIO of Selini Capital
Jose Macedo Founding Partner, Delphi Digital
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