[dragontamer]

Note that Terra/Luna was an algorithmic stablecoins, while the Celsius situation is kinda-sorta more like a proper bank run. Rumors of losses from exposure to 3 arrow capital causing a stampede of users forcing Celsius to shut down. There is a Celsius coin that kinda is like terra but really is quite different.

They seem to have completely different mechanics, aside from failing within a month of each other there is almost no other mechanical similarity between these situations.

[lolc]

Another similarity is that both are too complicated to explain.