3 Lessons Crypto Investors Can Take Away From the LUNA Crash

3 Lessons Crypto Investors Can Take Away From the LUNA Crash

As its ecosystem imploded, the value of LUNA and UST tokens plummeted, quickly wiping out around $40 billion of value. It is heartbreaking to read the accounts of people who suffered when the Anchor protocol disintegrated. Anchor promised interest rates of almost 20% on UST deposits, but many investors were not aware of the risks involved.