Layer by Layer Issue 30: Terra

Quick TakeIn this weekly series, we dive into some of the most interesting data and developments across the Layer 1 blockchain landscape, from DeFi and bridges to network activity and fundingThe Terra protocol has undergone a collapse of epic proportions with the depegging of Terra USD (UST) from the U.S. dollar and a dramatic decline in the price of LUNAThis week, we take a look at the fall of one of the most prominent L1 protocols in crypto and the impact to its ecosystem thus far