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WEF 2022: Terra were offering unsustainable yields; DeFi can support financial inclusion

Coral Capital’s Horsman shared that the Terra (LUNA) crisis partly occurred because “they were essentially offering yields that were unsustainable, and [that] there were venture capital firms that were bootstrapping those yields in order to bootstrap an ecosystem.”
Cointelegraph Davos Swissborg Fazel Alexander Fazel Patrick Horsman Mrinal Monahar World Economic Forum

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