Hello @joelagbo
As I said in another comment, LUNA created distrust that has even managed to permeate in the most consolidated investors that the crypto world has, since everything points to the fact that centralized systems and even exchanges at any time can leave us without our resources.
Best regards, be well.
decentralization is a hoax, that has been the fact for a while now. LUNA's issue isn't really centralization but a failed algorithm, same with many other depegged stable coins. But there's still a place for stablecoins backed my mathematical systems.