Su Zhu, co-founder of Three Arrows Capitalso tight luna He was known as a supporter.
After the recent developments, Zhu discussed the collapse of the UST and made detailed assessments.
Zhu has supported the Terra ecosystem so far and the yield-producing protocol AnchorHe encouraged the use of
However, after the recent events, he deleted the tweet below. Zhu must have taken into account the reactions he would get after this move, so he felt the need to make a series of statements on the subject.
Su Zhu, co-founder of Three Arrows Capital, stablecoin, an ecosystem it supports TerraUSDHe finally broke his silence on the collapse of (UST) and its associated token Luna, and
It’s been an incredibly humbling week and the right words are hard to come by.
He evaluated the situation he was in.
Acknowledging that some things went wrong, Zhu added that critics have flagged potential risks and that the ecosystem should move more slowly in hopes of being safer.
“This is Terra’s DAO hack moment” said Zhu,
I won’t pretend to know what the future will bring, but I will do my part to help.
said.