Tascha Che, founder of Tascha Labs, unpacks the Terra/Luna debacle and reveals what she believes are the five main takeaways from its collapse. Here are some highlights from the show: how stablecoin issuers make money what caused Terra’s downfall why Tascha is bullish on algo stablecoins whether she believes undercollateralized stablecoins can work how fast market cap expansion without actual network effect equals death for stablecoins why she doesn’t believe a stablecoin’s network effects mean much for its success why small(er) stablecoins are better how blockchains mirror national economies which stablecoins is Tascha excited about how FRAX is a stablecoin that resembles fiat currencies whether the UST collapse will affect the stablecoin development and further regulation how cross-chain agreements would be helpful for the stability of the crypto ecosystem Thank you to our sponsors! Crypto.com: https://crypto.onelink.me/J9Lg/unconfirmedcardearnfeb2021 Coinchange: https://coinchange.io The Graph: https://thegraph.com/graphday Episode Links Tascha Che Twitter: https://twitter.com/TaschaLabs Tascha Labs:
https://taschalabs.com/ Tascha’s thread on nonobvious lessons from the Terra fallout: https://twitter.com/TaschaLabs/status/1526276308119932928?s=20&t=SCxfocBJoQqTEvCHadjYxA Learn more about your ad choices. Visit megaphone.fm/adchoices
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Crypto assets and blockchain technology are about to transform every trust-based interaction of our lives, from financial services to identity to the Internet of Things. In this podcast, host Laura Shin, an independent journalist covering all things crypto, talks with industry pioneers about how crypto assets and blockchains will change the way we earn, spend and invest our money. Tune in to find out how Web 3.0, the decentralized web, will revolutionize our world. Disclosure: I'm a nocoiner.