May 2023 marks the one-year anniversary of the Terra/Luna collapse. Taking time to reflect on the events and contagion that followed provides a stark reminder of the volatility and interconnectedness inherent to the market. Leading up to the collapse, Terra's Anchor protocol offered seemingly stable yields in the 30% range, and asset managers with capital allocated there boasted high returns. These rates of return significantly exceeded
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Income-ing!
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May 2023 marks the one-year anniversary of the Terra/Luna collapse. Taking time to reflect on the events and contagion that followed provides a stark reminder of the volatility and interconnectedness inherent to the market. Leading up to the collapse, Terra's Anchor protocol offered seemingly stable yields in the 30% range, and asset managers with capital allocated there boasted high returns. These rates of return significantly exceeded