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Is $NEAR the next $LUNA? (-99.99%)


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Is $NEAR the next $LUNA? (-99.99%)

Date: 2022-05-20 15:00:00

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At first, I was wondering if NEAR could rocket as much as LUNA did because of their new algo stablecoin called USN. But now I’m equally curious if it’s possible that they collapse in a death spiral like LUNA and UST did. So in this video let’s explore everything about Near Protocol’s new stablecoin USN and compare/contrast them to LUNA and UST.

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Timestamps:
0:00 Intro
0:34 What is Near Protocol
1:22 What is USN stablecoin?
1:48 Benefits of USN
2:25 Defending USN’s peg
5:00 Bancor shout out
6:01 Stableswap USN pool
6:41 “Treasury Management”
7:57 Death Spiral possible?
9:41 Less risky than LUNA UST
10:46 The Bullish Case

#NEAR #USN #Stablecoin #LUNA #UST #Ponzi #Collapse #Review

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