BTC
ETH
LTC
DASH
XMR
NXT
ETC
DOGE
ZEC
BTS

Terra Backers Delphi Digital and Hashed Lick Their Wounds After UST and Luna Collapse

0



“We believed a high level of external collateralization was a necessity in the long run, and we saw this as a path to get there. Unfortunately, it didn’t grow fast enough compared to UST supply, and, combined with a fall in value of the BTC reserves, the liability overhang was too large to be defended,” Delphi wrote.



Source link

Leave A Reply

Your email address will not be published.