I was a user of a defi dapp that ran on the LUNA blockchain and allowed me to go short or long on various stocks. The LUNA price didn't matter to me, but their blockchain and the dapp was useful. Not wasting time to go through KYC/AML in order to go long or short on a stock is a good thing.
Interesting. I didn't know much about the LUNA ecosystem outside of UST, but it looks like they had built quite a bit of applications: https://www.terra.money/ecosystem
I don't know what stages these projects were in, but it is pretty sad to see all the engineering effort go to waste. I hope some of these will be salvaged and ported to other blockchains somehow.
