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

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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.

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