May 15, 2022· 69 min

This Is How the Terra Stablecoin Actually Imploded

Kevin Zhou

Orality

Model

50%

Speaker Breakdown

HostTracy Alloway(2,505 words)

M:29%

HostJoe Weisenthal(1,853 words)

M:93%

GuestKevin Zhou(8,821 words)

M:28%

Oral Indicators

Agonistic44%

absolutely, clearly, very

Engagement70%

you, our, your

Memory Aids100%

listen, right, now

Repetition100%

know (268x), like (195x), right (148x)

Parallelism98%

And I'm Tracy Alloway...., So we're gonna be speaking wit..., And most of the time, they're ...

Sound Patterns100%

185 question(s), alliteration: "markets move", alliteration: "barclays brief"

Formulaic Phrases6%

at the end of the day, you know what, i mean

Literate Indicators

Hedging5%

may, appear, might

Passive Voice8%

being sacked, were invested, was pitched

Abstract Nouns13%

investment, business, chase.com/business

Subordination4%

because, while, hence

Sentence Length33%

Avg: 13.4 words/sentence

Word Complexity44%

investment, analyze, anticipate

Academic Markers0%

Impersonal Style30%

980 personal pronouns found

Descriptive Style100%

apply, internationally, actually

Description

The collapse of the Terra ecosystem, and the tokens Luna and UST, will go down as one of the most painful and devastating chapters in crypto history. Over $60 billion market value has evaporated, and numerous retail investors are nursing major losses. What's particularly bad is that this was a big project, championed by some of the most notable names in crypto. But some people obviously saw it coming, and understood it to be a disaster in the making. On this episode we speak with Kevin Zhou, the founder of the crypto hedge fund Galois Capital. He began warning about Terra publicly earlier this year, and was short Luna starting in early May. He explains the exact mechanics of the coin's implosion. See omnystudio.com/listener for privacy information.

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