The Collapse and Rebirth of Terra with Tom Wan (Research Analyst)

Hi everyone, we are back with another episode of our podcast allowing you to get to know people working behind the scenes of the crypto industry. Today we catch up with  Tom Yin, one of the newest research analysts at 21Shares. He recently published an fascinating article about the collapse and rebirth of Terra. We are going to explore the article and ask some follow up questions that many of you have been asking.

Welcome to the seventy-second episode of the Inside Crypto Podcast. This episode was recorded on June 14th 2022. Today we dive into all things Terra, from the crash of LUNAC to the launch of the new chain LUNA. We go through some of the recent rumors and reflect on what is to come in the future.

I also would like to thank my employer Amun Tokens for making podcasts like this happen. Please don’t forget to check us out and our products at tokens.amun.com.

 Thanks everyone for listening and don’t forget to tune in next week where we interview someone else in the cryptocurrency universe.

Topics Covered Today:

Before we dive into the guts of today’s story, why don’t you give our listeners and viewers some background on Terra, LUNA, USTC and LUNAC

Why do you think everything happened the way it did?

Do you believe the rumors that this whole situation was premeditated?

So Terra has a new chain without UST. What are the prospects for this chain?

What about LUNAC, does it have a place in the current market?

If you had to look into the future. Do you think both of these ecosystem can exist peacefully? Are we going to be in a ETH and ETC situation?

What are the lessons to learned from:

The retail consumer

The institution

Lots of crypto personalities said what Terraform Labs did wasn’t bad. It was a good to learn that we aren’t in a place for an algorithmic stablecoin just yet. Do you agree with that?

So Tom, before we end today's show. I thought we might want to discuss some of the latest information that has come to light with regards to Terra. Some of it is just speculation at this point but I wanted to get your take on it.

Terra employees reportedly confirmed to the SEC that Do Kwon cashed out $80 million a month prior to the $LUNA and $UST crash.

Terraform Labs has been accused of owning shadow wallets

South Korea, Singapore and India are investigating Terraform labs

Do you expect these investigations to yield any results?

Follow Us On:

Tom’s Article

Website

Twitter

Discord

Telegram (English)

Reddit

Email

Tom’s Links:

Twitter:

LinkedIn: