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Sources: Terraform Labs CEO Do Kwon is a pseudonymous co-founder of Basis Cash, a failed algorithmic stablecoin from 2020 that reached $174M total value locked (CoinDesk)


CoinDesk:

Sources: Terraform Labs CEO Do Kwon is a pseudonymous co-founder of Basis Cash, a failed algorithmic stablecoin from 2020 that reached $174M total value locked  —  Basis Cash, an algorithmic stablecoin project founded by the anonymous “Rick” and “Morty” in 2020, was actually the work of Terraform Labs employees.


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