Argon is the first crypto asset with an ability to remain stable without requiring off-chain collateral or centralized authorities. This Stabilization Analysis Model (SAM) allows you to explore Argon's resiliance by testing it against one of the largest crypto collapses in history: the Terra stablecoin.
In May of 2022, Terra had a market capitalization of $18.7 billion. Days later it collapsed into a catastrophic death spiral, losing over 99.999% of its value. It never recovered.
No stablecoin to-date has shown an ability to survive a Terra-level death-sprial, which makes this Terra collapse the ideal scenario to test Argon's real-world capabilities.
A short video from our founder on how Argon’s stabilization mechanisms alleviate the risk of death spirals.
We recommend first-timers Take the Tour. You can also read our Whitepapers, explore Frequently Asked Questions, or learn more about Argon's Stabilization Mechanisms.