2022年5月20日

11點半是,2022年5月20日的專機是,2022年5月20日上午11:30是,2022年5月20日(彭博資訊)——保存算法的內爆stablecoin TerraUSD及其姊妹Luna牌震撼了cryptosphere,崩潰價格和翻滾硬幣背後的整個生態係統。(彭博社)——算法的內爆stablecoin TerraUSD及其姊妹Luna牌震撼了cryptosphere,崩潰的價格和翻滾硬幣背後的整個生態係統。達到跨地域的影響。施塔德實驗室,位於班加羅爾的印度,是許多密碼創業所吞沒的危機。施塔德,投資者包括三箭資本的支持下,構建了一個利潤豐厚的業務提供了一個平台,所謂的鉚合,在持有人允許他們的標記被用來幫助訂單交易區塊鏈,以換取獲得收益。在崩潰之前,幾乎所有的業務來自Luna硬幣,像TerraUSD跑在Terra區塊鏈和4月初達到了曆史新高。當TerraUSD(科大)倒塌從本月其想要一對一盯住美元,把月亮拖下來,對施塔德的業務迅速的影響。鎖定在其協議總價值已從約7.5億美元下降到5000萬美元就在事件之前,數據從行業追蹤違抗駱駝。“我們在收入達到了40%,”聯合創始人兼首席執行官Amitej Gajjala在短信說。施塔德的每月費用從其協議崩潰之前已經達到630萬美元,他說。 Gajjala’s experience highlights the hazards that lurk in the decentralized-finance space, where crypto holders borrow, lend and stake coins without intermediaries like banks. Because of the nature of its link with UST, the price of Luna has fallen close to zero, causing staking of the coin on platforms like Stader to evaporate. To some extent, the Terra implosion also underscores the crypto sector’s ability to quickly pivot after a big shakeout. Stader is already in rebuilding mode, Gajjala said. Having started in April last year entirely focused on the Terra ecosystem, it began expanding into rival blockchains like Fantom, Polygon and Hedera shortly before the UST crisis — a process Gajjala is now accelerating. The company will soon roll out staking on Ethereum, Solana, Cosmos and Near. There’s a long way to go. Stader now has about $50 million of total value locked on Hedera, according to DeFi Llama. While DeFi Llama doesn’t show equivalent data for Fantom and Polygon, Stader’s website says it has $3.6 million and $2.4 million staked on the two ecosystems, respectively. Luna’s market value has dropped to about $840 million from more than $20 billion before the TerraUSD collapse, according to data from CoinGecko. UST has lost roughly $17.5 billion in value since crashing from its peg. Gajjala said his startup has enough cash to weather the storm. Stader has raised more than $40 million since its inception, enough to last for more than 10 years, he estimated. In January, the Economic Times reported that Stader had raised $12.5 million in a funding round led by Three Arrows that valued it at $450 million. As for the lessons learned from UST’s flameout and the collapse of the Terra blockchain, Gajjala offers a reasonably upbeat view. He’s still waiting for more details from Terra’s backer Terraform Labs on how the UST crash unfolded, and expressed optimism about Terra founder Do Kwon’s proposal to revive the blockchain. The ecosystem could be rebuilt if Terraform Labs can retain its community of developers and users, he said. “Algo stablecoins in current form and shape might not be the sustainable way in the short run,” Gajjala said. “In the long run there is scope for decentralized stablecoins, collateralized or algorithmic.” (Updates with a comment from the co-founder in the penultimate paragraph.) More stories like this are available on bloomberg.com ©2022 Bloomberg L.P.