TerraUSD (UST) is the decentralized and algorithmic stablecoin of the Terra blockchain . Its value is pegged 1:1 to the US dollar, making it an ideal medium of exchange on DeFi and TraFi platforms. We support the Ethereum (ERC-20) version of UST, which is a multi-chain asset.
Read moreHow do you get TerraUSD?
Here’s how to buy TerraUSD with the Coinbase app for U.S. residents.
Read moreHow does Terra Luna Work?
LUNA is the Terra protocol’s native token, used for staking, governance and collateral for the network’s algorithmic stablecoins . LUNA coin holders can stake their tokens to earn rewards and use their weight to vote on governance proposals for the ecosystem. LUNA has a dynamic supply of 1 billion coins.
Read moreIs Luna Terra a good investment?
Terra (LUNA) Price Prediction According to Experts LUNA has become one of the most popular crypto assets for the past months. This crypto asset has returned more than 60 percent of investors’ profits. LUNA is already fundamentally bullish, and if the price closes at 100 USD, it will likely see new highs .
Read moreHow is UST collateralized?
TerraUSD (“UST”) is a decentralized algorithmic stablecoin built on the Terra Blockchain. Unlike most stablecoins backed by fiat currency, UST is collateralized by Terra’s native asset LUNA .
Read moreHow do you earn with Luna Terra?
There are two ways to earn rewards with Luna; either directly staking through being a validator delegate by running a validator node and being one of top 100 in terms of delegated Luna, or by delegating Luna to one of such validators .
Read moreWhat is Luna currency?
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.
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