Terra: Progressing Toward the First Decentralized Stablecoin

CRYPTOVERSE ·
Featuring Jose Maria Macedo and Do Kwon

Published on: July 7th, 2021 • Duration: 56 minutes

How can algorithmic stablecoins avoid the so-called "death spiral"? Do Kwon, co-founder and CEO of Terraform Labs, and José Maria Macedo, managing partner at Delphi Labs, come together to discuss Terra's potential solution. Kwon believes an algorithm alone cannot maintain the peg—a stable demand base is needed as well. In order to accomplish this, Kwon claims there must be robust use cases providing the utility for a proper network to grow. Join him and Macedo to learn all about the exciting developments at Terraform Labs. Filmed on June 30, 2021.