Is Luna better than Eth?

In terms of annual staking rewards, LUNA is estimated to yield 6.62% on average while ETH fetches 4.81%. The most rewarding out of the top 10 staked assets is Polkadot (DOT) with 13.92%. Staking Rewards highlighted the flippening on Tuesday, noting that LUNA staking had overtaken ETH .

LUNA is the native token used for governance, mining rewards, volatility absorption and transaction fees. The protocol runs on a Delegated Proof of Stake (DPoS) mechanism, where miners stake LUNA to mine Terra stablecoins . Terra stablecoins are pegged to the world’s major powerful fiat currencies.

r/terraluna. Terra (terra.money) is a decentralized financial payment network that rebuilds the traditional payme … More. 35.7K members • 93 online Join.