June 22 2021
Terra – Decentralized Stablecoins and The Power of Community with Do Kwon
About the episode
Terra founder Do Kwon joins Kevin to discuss the importance of a truly decentralized stablecoin, DAI vs. Terra, the anchor protocol, Do’s favorite projects, and the importance of community in any project that hopes to succeed for the long haul.
About our guest
Terra
Terra (terra.money) is a decentralized financial payment network that rebuilds the traditional payment stack on the blockchain.
Links from the episode
Show notes
What is the purpose of stablecoins, and what makes Terra stand out from its contemporaries?[00:30]
The evolution of Terra from concept to what we see today.[08:31]
Why did Do choose to build Terra from the ground up rather than join an existing project?[09:44]
What do the blockchain underpinnings look like for Terra’s stablecoins?[16:29]
What does Do hope to achieve by bridging UST to an ever-expanding list of blockchains?[17:24]
Is LUNA also Cosmos-based?[18:19]
Do speaks to the current momentum around using Terra’s stablecoins in DeFi projects.[18:31]
What other decentralized stablecoin projects does Do find promising?[21:32]
How are Anchor’s high yields generated?[23:35]
How does someone unstake from Anchor and withdraw their funds?[25:00]
What’s next for these projects?[25:55]
How can someone get involved in the Terra ecosystem today?[27:35]
At risk of generating more flak, what crypto projects does Do currently find exciting?[31:16]
Will Terra stablecoins be supported in the THORChain ecosystem?[33:28]
What tends to capture Do’s attention about any given project?[33:57]
Weighing the pros and cons of community-driven projects.[35:12]
What does Do think of DAOs?[42:33]
What does Terra look like in the distant and not-so-distant future?[45:22]
