On 24 October, the NEAR protocol made another notable move to avoid a potential LUNA debacle. The NEAR Foundation issued an announcement stating that the USN, the NEAR algorithmic stable currency, is not sufficiently collateralized under extreme market conditions. Hence, it recommended closing USN in an orderly manner. Here’s AMBCrypto’s Price Prediction for NEAR for […] NEAR ecosystem’s TVL declines by 45%, thanks to this factor
On 24 October, the NEAR protocol made another notable move to avoid a potential LUNA debacle. The NEAR Foundation issued an announcement stating that the USN, the NEAR algorithmic stable currency, is not sufficiently collateralized under extreme market conditions. Hence, it recommended closing USN in an orderly manner. Here’s AMBCrypto’s Price Prediction for NEAR for […] 
4 years ago
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