Hey Chain Debrief Community,

The entire crypto market is like me, sad and depressed. Every day the market is just bleeding non-stop. The whole market got rekt left, right and centre.

There’s no doubt we are in a bear, it is also the best time to learn more about crypto. Instead of sulking about the reds, it is high time to study about your favourite protocol.

I think winter is here and it will be a long and cold night. Many of blockchains and protocols that we know and love would not survive the night. Invest safely my friend,

Just last week, Terra showed us that no coin is too big to fail. The whole LUNA/UST meltdown sent Terra straight to the grave. I was honestly expecting a billion-dollar bailout but then again, what do I know?

Do Kwon, on the other hand, is not willing to let his baby die. He crafted a proposal to fork Terra and restart without an algorithmic stablecoin. Many protocols are on board and support Do Kwon’s revival plan.

To end this on a bright note, I’m really excited about the Enrats meet up! It is my first NFT event and I’m really hype for it.

The event will be happening this Saturday (21 May 2022) from 6.30 pm – 10 pm. It will be held at Mademoiselle Chen 138, #20-02 Robinson Rd, Oxley Tower, S068906.

Every Enrats holder is entitled to one main dish and UNLIMITED drinks!!! I will be there with the rest of the CD team. Don’t be afraid to say hi 🙂

See you guys there!

— Gab from Chain Debrief

Editor’s Picks

🌔 Terra is more than UST
Will Do Kwon be able to save his baby?

☠️ UST is a done deal
Expert’s view on the whole Luna crash

📈 Not sure where to farm stable?
Here’s a look at Aurigami – Aurora’s first money market protocol

🐻 The bear is here
Here are some tips and tricks on how to survive the bear market

Market Sentiments

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