Cashio, a stablecoin on the Solana blockchain , was exploited for almost $28 million on March 23. The protocol has lost practically all of its value in the hack leading to a complete collapse of its flagship stablecoin, CASH.
Read moreTerra Ecosystem nedir?
Terra , sabit coinlerin geliştirilmesinde uzmanlaşmış bir blockchain ağıdır. Ocak 2018’de Daniel Shin ve Do Kwon tarafından kuruldu. Mainnet’i resmi olarak Nisan 2019’da kullanıma açıldı. Terra ‘nın yerel tokeni LUNA, protokolün sabit değerli kripto paralarının fiyatını stabilize etmek için kullanılıyor.
Read moreIs 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 .
Read moreHow does Luna crypto work?
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.
Read moreWhat is Terra Luna Reddit?
r/terraluna. Terra (terra.money) is a decentralized financial payment network that rebuilds the traditional payme … More. 35.7K members • 93 online Join.
Read moreWhat is Luna for?
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.3 Mar 2022
Read moreIs Luna a coin or token?
Luna (LUNA) and TerraUSD (UST) are two native tokens of the Terra network, a blockchain-based project developed by Terra Labs in South Korea.5 gün önce
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