1658101413 A Map of the Crypto Contagion The Players Causes and

A Map of the Crypto Contagion: The Players, Causes, and Effects

1658101409 265 A Map of the Crypto Contagion The Players Causes and
Source: scoop.it
  • If the price of UST is under $1, 1 UST can be exchanged for a $1 of Luna and the Luna can be sold for a profit on the difference
  • If the price of UST is over a dollar, you can trade $1 of Luna for one UST and sell the UST

The Effects of The Luna/UST Disaster

Three Arrows Capital

Celsius

BlockFi

Voyager

  1. CeFi lenders ran an unsustainable business model with little to no transparency and risk management.

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