Terra Luna and Failure Modes

This lesson is for enrolled learners

The concept Terra's UST is the canonical case study in algorithmic stablecoin failure, and studying it in detail builds a generalizable checklist for spotting the same structural flaws in any new design — but it is not the only case worth knowing, and comparing failures sharpens the checklist further. UST was designed to maintain its dollar peg through a mint-burn……

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