Complexity Theater: Why Luna Was the First Time DeFi Complexity Risk Was Transferred to Regular Investors

This episode is sponsored by Nexo.io, Chainalysis and FTX US.

 

On this “Long Reads Sunday,” NLW reads:

What Is Crypto’s Downfall? Its Complexity – Jameson Lopp

Complexity Theater – NLW 

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Nexo is a security-first platform where you can buy, exchange and borrow against your crypto. The company safeguards your crypto by relying on five key fundamentals including real-time auditing and insurance on custodial assets. Learn more at nexo.io.

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“The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell and research by Scott Hill. Jared Schwartz is our executive producer and our theme music is “Countdown” by Neon Beach. The music you heard today behind our sponsors is “The Now” by Aaron Sprinkle. Image credit: Cemile Bingol/Getty Images, modified by CoinDesk. Join the discussion at discord.gg/VrKRrfKCz8.