I also agree that Terra isn't sustainable. I don't think all the collateral behind it is going to last that long when they need to keep paying out that yield. Just wondering, but how much interest does Terra charge on their loans?
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The idea is to make the stablecoin the collateral. Not back it with something else, pushing the value there.
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Go to Anchor and go through the process of taking one out.
Actually a really good blog idea to clearly answer that question.
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I'll get around to it eventually but I don't have a Terra Wallet yet. I have mainly been sticking to BSC and Polygon because of Cub
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