It’s been five months since the Terra ecosystem collapsed as tens of billions of dollars in value disappeared from the crypto economy in a matter of days after May 7. Terra’s new Phoenix blockchain managed to restart the ecosystem to some degree and since the end of June, Terra’s total value locked (TVL) in decentralized finance (defi) has increased from $350,174 to today’s $41.55 million. A Look at Terra’s Blockchain Ecosystem Over the Last 5 Months Since the Collapse The Terra ecosystem fallout was a dark day for the crypto community when Terra’s sta ...
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