Terra USD post-mortem
WASHINGTON, May 12, 2022 - Following the recent incident with $UST de-pegging, we would like to stress that it is nothing compared to the U.S. National Debt.
Unlike $USD, algorithmic and classic stablecoins do their best to ensure proper collateral to maintain the exchange rate. In contrast, the Debt is not secured enough by tangible assets, and yesterday's crypto market storm will feel like a breeze if the National Debt bubble collapses.
This is why the $DUSA initiative matters. Financial education and awareness will help people better manage their funds and risks.
Besides purely educational purposes, $DUSA has obtained enough liquidity with popular stablecoins to become a protective balancing mechanism that helps feel safe in a volatile market.
To further support our followers in the falling market, we announce the launch of a new farming pool with $FRAX on May 13, 00:00 UTC.
Help us to spread the word to the FRAX community as well.
