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Crypto Sundays - UST's Depeg, Beanstalk's Exploit, and the Future of Algo Stables | ep. 1

Crypto Sundays - UST's Depeg, Beanstalk's Exploit, and the Future of Algo Stables | ep. 1

Released Sunday, 15th May 2022
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Crypto Sundays - UST's Depeg, Beanstalk's Exploit, and the Future of Algo Stables | ep. 1

Crypto Sundays - UST's Depeg, Beanstalk's Exploit, and the Future of Algo Stables | ep. 1

Crypto Sundays - UST's Depeg, Beanstalk's Exploit, and the Future of Algo Stables | ep. 1

Crypto Sundays - UST's Depeg, Beanstalk's Exploit, and the Future of Algo Stables | ep. 1

Sunday, 15th May 2022
Good episode? Give it some love!
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Keeping it easy like Sunday morning, join Sunday Crypto on their inaugural podcast! Our two hosts, who have chosen to remain anonymous, delve deep into the two most recent scandals in the crypto world: Luna Terra and Beanstalk. If you're new to crypto don’t worry! Keeping it simple as promised, there is background info on crypto throughout the episode so you can follow along no matter your experience. Follow the hosts on Twitter at @USA_pharoah and @Kidquartz1

[00:30] Intro to Sundays in Crypto

[3:00] Background Information on Different Types of Stable Coins

[08:00] How does Luna Terra work and how did they get to their downfall?

[14:56] Collateralizing with Bitcoin

[19:33] The perception of Luna and how it contributed

[19:31] Closing comments on the attacker and Luna

[23:06] How Beanstalk Works: Burning Beans Included.

[24:23] The beginning of the downfall of Beanstalk

[26:24] Happy (or not so happy) Easter

[32:11] Speculations on Barn Raising

[33:36] What will be raised in the barn raising?

[35:34] Closing out

Follow the Moonshot Research team @USA_Pharoah, @KidQuartz1 and @PapaPelli or visit us at www.moonshotresearch.xyz.

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