LUNA has grown to a 15% weight in the MVIS CryptoCompare Smart Contract Leaders Index, which we find notable given our asset allocation framework and the fact that Terra is the only decentralized stablecoin platform among the layer 1 chains .
Read moreIs Terra Luna sustainable?
It’s the largest holder of UST (with above 50% of the total supply) and without its attractive APY, Luna won’t hold on its own at the current price. The huge interest rate offered isn’t sustainable in a bear market or during significant crashes .8 Oca 2022
Read moreIs Luna coin a good buy?
Is LUNA coin a good investment? It might be . LUNA coin has been behaving bullishly this past year and analysts predict this trend will continue. The token has proven volatile, but such peaks and troughs could be attributed to external factors such as the crypto market crash.2 gün önce
Read moreWhy is Luna Terra good?
Terra seeks to set itself apart through its use of fiat-pegged stablecoins, stating that it combines the borderless benefits of cryptocurrencies with the day-to-day price stability of fiat currencies . It keeps its one-to-one peg through an algorithm that automatically adjusts stablecoin supply based on its demand.
Read moreHow does Terra Luna make money?
Who made LUNA Coin? LUNA is the native token of Terra, a blockchain developed by the Korean firm Terraform Labs. A total of $32m was raised to fund this development through the private sale of LUNA Coin . Investments came from centralised sources including Binance, Huobi, and OKEx.
Read moreWhat does Terra Luna coin do?
LUNA coin is used as a protocol token to reduce the volatility of the stablecoins on the Terra blockchain . It is part of a dual token system with terraUSD: To mint more TerraUSD, the equivalent value of LUNA must be burned. This maintains the stable price of terraUSD and gives LUNA its value.
Read moreWhat do you know about Terra Luna?
Terra (LUNA) is a decentralized financial infrastructure and blockchain protocol that introduces some unique concepts and theories into the market . The network leverages a native token, stablecoin protocol, oracle system, and smart contracts to bring users programmable money for the internet.
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