Sonic retracing the old path of Terra? Algorithmic stablecoins make a comeback with an APR as high as 23%, and the crypto market shivers! 🔥
Back in the day, the collapse of Terra-Luna plunged the entire industry into the longest winter, yet Sonic dares to make a 'comeback' in algorithmic stablecoins? Cronje confidently states: POC test yields exceed 200%, with 10 billion TVL still maintaining a 4.9% APR!
But isn't the lesson from history painful enough? Back then, LUNA plummeted from $120, leaving investors with nothing! Now that algorithmic stablecoins are back on stage, is it financial innovation or a sign of disaster?
Market capital flow determines everything; Sonic's TVL has surged by 66%, but risk and reward have always been two sides of the same coin. Don't wait for the storm to come before you think about running; those who want to reap the benefits must also think about how to exit safely!