How You Could Have Potentially Saved Your Money From the UST/LUNA Disasterby@defihelper
11,116 reads

How You Could Have Potentially Saved Your Money From the UST/LUNA Disaster

tldt arrow
EN
Read on Terminal Reader
Read this story w/o Javascript

Too Long; Didn't Read

Many DeFi users were hit incredibly hard by Luna’s sudden collapse. Some lost all of their life savings, and investments, and lamentably, there were reports of suicides by investors. Wild price swings are extremely common, and in DeFi, there is nothing to protect against this. DeFi helper's automations protect users from such price swings. DFH offers users the ability to program automations which act as Stop-Losses, and Take-Profits. These would kick in in the event of a wild price drop, as seen with Terra.

Company Mentioned

Mention Thumbnail

Coin Mentioned

Mention Thumbnail
featured image - How You Could Have Potentially Saved Your Money From the UST/LUNA Disaster
DeFiHelper HackerNoon profile picture

@defihelper

DeFiHelper

The most advanced non-custodial DeFi investment tool on the market

react to story with heart

RELATED STORIES

L O A D I N G
. . . comments & more!