Vitalik Buterin speaks out on the direction of rebuilding Terra (LUNA) and stablecoin UST.
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Ethereum co-founder Vitalik Buterin thinks Terra’s reconstruction efforts should focus on retail investors holding fewer USTs rather than “whales.” Vitalik Buterin speaks out on the direction of rebuilding Terra (LUNA) and stablecoin UST. Vitalik Buterin speaks out on the direction of rebuilding Terra (LUNA) and stablecoin UST. Specifically, on May 14, Anthony Sassano – the writer of the popular The Daily Gwei newsletter series in the Ethereum community, tweeted: "Stop experimenting with ponzi, algorithmic stablecoins, yield farming and other unsustainable crap.Instead, experiment with funding ‘public goods’, governance/DAO models, decentralized identity/reputation, sustainable finance, and privacy-promoting tools. That is the right direction.” Read more: https://cryptowallcity.com/vitalik-buterin-speaks-out-rebuilding-luna-ust/ submitted by /u/CWCOfficial |
