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ultimoˣ-™

Hi what problem of the technology in this world that

only terra network can resolve it?

#blockchain #cryptocurrency #english #luna
0

14 ответов

9 просмотров
Peter-Martin

Terra Network has made a whole ecosystem of fiat-pegged stablecoins. There are many stablecoins pegged to respective country's currency like UST pegged to USD, KRT pegged to Korean currency and so on. Terra is the ecosystem of such stablecoins on top of which Luna is the governing token whose burning and minting helps stabilize those stablecoins. This makes Terra Network unique from others.

0
10.03.2022
Olaf_Gunarsen-
Peter Martin
Terra Network has made a whole ecosystem of fiat-p...

right. luna is much more usable than eth. and it is much cheaper

0
10.03.2022
ultimoˣ-™ Автор вопроса
Peter Martin
Terra Network has made a whole ecosystem of fiat-p...

Is Terra Network have burn system?

0
10.03.2022
Rose🌹-| cosmosrescue
ultimoˣ ™
Is Terra Network have burn system?

Yes, $1 of Luna is burned for every $1 of UST (or other Terra stablecoin) that is minted. See the 'how it works' video below #whatisterra

0
11.03.2022
Lunetta-
Rose🌹 | cosmosrescue
Yes, $1 of Luna is burned for every $1 of UST (or ...

What is Terra? Terra is a blockchain protocol revolving around its suite of decentralised stablecoins, with the burning and minting of $LUNA a key cog in the machine. See Terra's ever-expanding list of projects here!

0
11.03.2022
Rose🌹-| cosmosrescue
Crypto Captain
so is it going to pump?

That is a big reason for its meteoric rise lately, yes. As people turn to stablecoins in this bearish trend, luna supply is diminishing very quickly! Check out the #supply charts

0
11.03.2022
Lunetta-
Rose🌹 | cosmosrescue
That is a big reason for its meteoric rise lately,...

Find current and historical Luna/UST supply charts here.

0
11.03.2022
Kado-
Rose🌹 | cosmosrescue
Yes, $1 of Luna is burned for every $1 of UST (or ...

But how sustainable is this? Feels more like ponzi. I mean we can't keep burning and jacking up price like it's real.

0
11.03.2022
Rose🌹-| cosmosrescue
Kado
But how sustainable is this? Feels more like ponz...

Well the price just depends on people wanting to buy Luna, same as everything else

0
11.03.2022
Kado-
Rose🌹 | cosmosrescue
Well the price just depends on people wanting to b...

Ok. Seems I got to read the tokenomics again. Was somewhat confusing at first glance

0
11.03.2022
Maarten-| GT
Kado
Ok. Seems I got to read the tokenomics again. Was ...

you can start here terra.money/intro-to-terra

0
11.03.2022
alex-C 🇺🇦
Kado
But how sustainable is this? Feels more like ponz...

It only get burned as the $ust marketcap grow. $ust marketcap is now at $14b.more UST = more Luna burn. Smaller Luna supply = price pump.

0
11.03.2022

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