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There is not much time left for Terra. The bear market is a mirror to test whether the public chain mechanism is reliable and whether the consensus is strong. In January of this year, we have seen that Luna's performance is diametrically opposed to last year, far worse than other similar currencies. Terra is a public chain that is highly dependent on Anchor, and will eventually collapse due to the falsification of the Anchor model. This model of Anchor cannot last for a long time at all, and it cannot pass through a long bear market. Maybe the issuance of UST can be slowed down. Good, otherwise the more additional issuance, the bigger the bubble, unless other ecological projects can keep up with the rhythm, absorb more UST, and spread the potential risks that Anchor brings to the entire Terra. Nobody wants Terra to be the second EOS.
There is not much time left for Terra. The bear market is a mirror to test whether the public chain mechanism is reliable and whether the consensus is strong. In January of this year, we have seen that Luna's performance is diametrically opposed to last year, far worse than other similar currencies. Terra is a public chain that is highly dependent on Anchor, and will eventually collapse due to the falsification of the Anchor model. This model of Anchor cannot last for a long time at all, and it cannot pass through a long bear market. Maybe the issuance of UST can be slowed down. Good, otherwise the more additional issuance, the bigger the bubble, unless other ecological projects can keep up with the rhythm, absorb more UST, and spread the potential risks that Anchor brings to the entire Terra. Nobody wants Terra to be the second EOS.
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