It was the same algorithm as Iron finance on Polygon the year before which imploded in the exact same way but on a more expedited timeframe because it didn't li

It was the same algorithm as Iron finance on Polygon the year before which imploded in the exact same way but on a more expedited timeframe because it didn't limit the apy at 20%. The terra/luna collapse was simple to see coming as it happened exactly when the terra (stablecoin) market cap met the luna one.