Is Terra a stablecoin?

Is Terra a stablecoin? – Enpatika

Is Terra A l1?

28 March 2022 Enpatika.com Genel

How to participate on Terra. Terra operates with a delegated proof of stake consensus algorithm and is a Tendermint-based Layer 1 protocol , built using Cosmos-SDK.

Terra is a blockchain protocol underpinned by a suite of decentralized stablecoins . The most popular is called TerraUSD, or UST. The stablecoins maintain their pegs through a coin called LUNA. LUNA is a volatile cryptocurrency.