The post Terra is a DeFi Scam! LUNA/UST Is Emblematic Of All DeFi appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto GuideOn May 9th, 2022, Terra (LUNA) made international headlines after its stable coin, UST lost its peg for the second time in two days. The fear that followed resulted in the Terra ecosystem collapsing on May 10th. Terra has lost 99 percent of its value in just 48 hours. The crypto community has been outraged …