Posts

avatar of @jk6276
25
@jk6276
·
·
0 views
·
1 min read

Hmm, will the big wallets, VC's and founders airdrops be vested as well?

The thing is, the Terra blockchain itself was nothing special. It was just a Cosmos SDK chain, with an outdated version of Cosmwasm for its smart contract layer. Most of the projects built on it, could move fairly easily to JUNO, or OSMOSIS, or COMDEX or a multitude of other Cosmos chains with Cosmwasm (heck even HUAHUA has it.)

UST was Terra's unique feature - and that is broken. I don't personally see a replacement, collateralized "stablecoin: being trusted. IMHO, the brand is ruined completely.

Crypto bear market is here, for sure. It just remains to be seen how nasty it gets.

Posted Using LeoFinance Beta