How is UST collateralized?

Terra (LUNA) Price Prediction According to Experts LUNA has become one of the most popular crypto assets for the past months. This crypto asset has returned more than 60 percent of investors’ profits. LUNA is already fundamentally bullish, and if the price closes at 100 USD, it will likely see new highs .

TerraUSD (“UST”) is a decentralized algorithmic stablecoin built on the Terra Blockchain. Unlike most stablecoins backed by fiat currency, UST is collateralized by Terra’s native asset LUNA .

There are two ways to earn rewards with Luna; either directly staking through being a validator delegate by running a validator node and being one of top 100 in terms of delegated Luna, or by delegating Luna to one of such validators .