3 Lessons Crypto Investors Can Take Away From the LUNA Crash

·4 min read
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.

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