Beginners Guide to Terra (LUNA)
1 min read
Terra is a decentralised, programmable blockchain platform that provides fiat-pegged stablecoins for cross-border payments. Terra uses LUNA, its utility and staking token, as well as a number of other stablecoins tied to several of the world’s most popular fiat currencies, including TerraUSD (UST). The Terra crypto ecosystem, which uses stablecoins to power retail transactions, provides cheap costs, rapid settlement, and frictionless cross-border trading.
This is the 9th guide in Beginners guides to Crypto projects.
Useful Links: Read my Beginners Guide to Stablecoins; Read my Guide to Passive Earning with Crypto
Sources: Terra Money; Terra Docs; Terra White Paper; Coinmarketcap on Terra (LUNA); Seigniorage — Investopedia; SDR — Investopedia; Gemini on Terra Luna
Credits: ClipArt credits — This infographic has been designed using resources from Flaticon.com;
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My ERC20/ETH/BSC/BEP20/Polygon address: 0xB2BA8c31Bf62A91419960973E762D3546100EB94
My Terra address: terra1e5vvpcqka3a2xdg0muj3hrhme5lellr90nv5n5
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