#DeFi创新与发展# This case really provides a vivid lesson for the DeFi circle. The innovation of Algorithmic Stablecoin is certainly eye-catching, but risk control is fundamental. I have always followed the Terra ecosystem and had followed a few trades, luckily I stopped loss in time. Seeing Do Kwon plead guilty, it must be solid evidence. This reminds us that when copy trading, we cannot blindly follow "stars", and we must comprehensively assess project risks. In the future, I will be more cautious, especially for projects involving innovative models. A loss of 40 billion dollars is too painful, and I hope it can ring alarm bells for the entire industry, promoting more standardized and healthier development.

DEFI-5.22%
LUNA-0.85%
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