@HODLCommunity presents to you the 195th LeoFinance Curation Post
We feel very excited as we think we will address one of the most important issues on the leofinance.io platform: Curation.
We truly hope, big stakeholders will support this initiative in order to spread rewards to some amazing writers.
Our goal is to support content creators and generate qualitative interactions between LeoFinance users.
We will set a 5% beneficiary for every author selected in this curation report.
So Lions 🐯, let's roll !
Passive Income / Crypto Is Still The Way by @bitcoinflood
You have to realize that crypto is programed by humans and humans make mistakes or code things in a way to screw people over. What one that is most likely is still unknown. What I know is that LUNA and UST are dead there's simply no money left to try and regain the peg it's flat up broken. A stark reminder of high risk in the crypto markets and why I personally don't believe in stable coins. I never have but of course I'll play with them bit. Old investment rule though never think your money is safe and never put all of your funds into one asset. That includes stable coins! A smarter investor would have taking their $100,000 or whatever amount of UST they had and spread it across at least 5 other stable coins thus reducing risk if something happened to one.
This author shares interesting opinion about the state of crypto and the after effect of Luna crash. Check this post out.
Polygon and Fantom offer a Helping Hand to Terra Blockchain Projects - News Brief by @kevinnag58
Uncertainty is the word of the day if you are a blockchain project on Terra. While these projects are most certainly feeling the pressure, relief may be in sight. These Terra blockchain projects may be able to salvage the project as well as the community it developed by migrating to a different blockchain.
Still on this UST matter. Will these blockchain be able to help Terra with a soft landing away from their tumultuous predicament? Check out these hot post sharing the details to this.
The CUB's still breathing... by @young-boss-karin
I have to be honest that Leofinance projects are always overwhelming for me. It's like I just finish understanding one and a new one comes up dragging my attention. The FOMO gets to me, I can't deny it. I just have to keep up
The revival of the Terra chain means a lot in the crypto space. by @tykee
Last week’s bloodbath in the cryptos was because of the failures in the algorithmic stable coin (UST) and Billions of dollars turned into nothing. And this seems to be the first time a stable coin got de-pegged drastically. Do Kwon, the founder and his team, have been actively working to revive the project but it has not been a simple task. They are considering several solutions which include forking the blockchain.
Luna Foundation to Utilize AVAX Reserves & Second Revival Plan by Terra by @idiosyncratic1
As you may remember, the Luna Foundation declared that they added AVAX to their reserves of UST stablecoin. Luna Foundation added $100M worth of AVAX besides BTC, ETH, LUNA, BNB, and other top coins in the market.
More eyes on Terra, the fork and the way forward..!
Hive on !
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This is a great initiative.
Curation is the great reward to encourage social networking here on Leofinance and Hive.
Plus I like reading new (to me) authors here on this blog.
Thank you
Posted Using LeoFinance Beta
Thank you for the support! We appreciate it.
Thank you kindly for the mention here it's always appreciated!
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