🌕 $LUNA • 🔥 $LUNC • 💎 $USTC — CZ Breaks Down What REALLY Went Wrong 😮💨
CZ put it bluntly:
> “Do Kwon had the right idea, but failed miserably on execution.” 🤦♂️
Here’s the breakdown:
🔹 The idea wasn’t flawed.
The algorithmic stablecoin model linking USTC ↔ LUNA could have worked with proper safeguards.
🔹 Execution was the problem.
USTC depegged → unlimited LUNA printing → hyperinflation → collapse → chain split → LUNC was born 💸
🔹 Critical failures:
No reserves. No circuit breakers. Ignored warnings.
A fragile system scaled too quickly, wiping out $40B+ in value.
⚖️ With Do Kwon now sentenced, the Terra saga has officially moved from speculation to history.
👉 Market takeaway:
Great ideas without proper risk control are destined to fail 😬
🤔 Do you agree with CZ — was Terra a brilliant idea ruined by poor execution?
💬 Are you still holding LUNC or USTC?
#LUNA #LUNC #USTC #TerraClassic #DoKwon
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