Can I stake Terra Luna?

$LUNA, which is also Terra ecosystem’s governance token, is key to keeping Terra’s stablecoins such as $UST steady. Token holders can stake the coin so that they’re rewarded for absorbing the volatility . They receive a percentage of transaction fees from the Terra payment network.13 Şub 2022

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Is Luna proof of stake?

According to crypto staking data provider Staking Rewards, Terra’s native token (LUNA) has a total staked value of over $26 billion, compared to Ether, which had a value of over $24 billion. … Ethereum is no longer the second most preferred proof-of-stake network for miners. CryptoStakersSolana358,297Ethereum is no longer the second most preferred proof-of-stake … www.businessinsider.in › investment › news › articleshow

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