This Is Why Terra Luna Crashed

Unsustainable economics. It was nice while it lasted though.

Millan Singh
Yard Couch
Published in
7 min readMay 12, 2022

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A financial chart showing significant downward movement.
The markets today…Photo by Maxim Hopman on Unsplash.

Back in December, I wrote a story about a blockchain called Terra and why I thought it was the most promising blockchain around. In that story, I included a section on how Terra could fall apart in a theoretical black swan market event, and it seems my worst fears have come true.

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Millan Singh
Yard Couch

Professional Tinkerer, Creative Entrepreneur, and practitioner of A Hero’s Journey. Follow me for tech, crypto, finance, and personal development.