Is Terra on Ethereum?

LUNA’s annual staking rewards were pegged at 6.62% against ETH’s 4.81%. To be sure, the higher staking value doesn’t mean Ethereum is not as valuable anymore. … Ethereum is no longer the second most preferred proof-of-stake network for miners. CryptoStakersTerra226,207Ethereum54,768Solana358,297Ethereum is no longer the second most preferred proof-of-stake … www.businessinsider.in › investment › news › articleshow

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Is 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 .

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How 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.

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