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Tag: $LUNA

This token is one of two launched by Terra, a blockchain technology that uses the dollar-pegged UST stablecoin to create a better digital financial system outside financial institutions and fintech.
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.

LUNC - luna burn

Terra 2.0 Launches May 28, 1.3 Billion UST to be Burn

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Terra 2.0, the new version of Terra, will launch tomorrow, Saturday, May 28. The community voted to move forward with a proposal that will destroy more than 1 billion UST, in an attempt to rebind the stablecoin. Meanwhile, Terra 2.0 is expected to launch tomorrow, Saturday. Terra’s planned revival that will see the birth of a new version of the now beleaguered blockchain has been delayed by a day due to undisclosed reasons. This was reported...

$LUNA, $UST, Exchanges, Front page, News, Stablecoins, Staking

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ust depeg

UST Update: Sustaining $1 Parity Amidst Macro Turmoil

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$UST token, Terra ecosystem stablecoin, has struggled to maintain parity with the dollar. The UST market has been volatile today, as traders scramble to adjust their portfolios in the face of macroeconomic uncertainty. The price of UST hit a low of $0.9857 on Binance against USDT, before recovering slightly to $0.995 at the time of writing. This trading pair is the most voluminous for UST, with $1.36 billion in volume reported in the past 24...

$LUNA, $UST, Cryptocurrencies, Front page, Main, News, Stablecoins

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Pixy - Brooklin angel campaign

Pixy Launches “Brooklyn Angel” Campaign to support an American Volunteer Combat-Medic Team in Ukraine

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New York, NY – PIXY, a web3 crowdfunding platform, is raising money through NFT sales and direct donations to supply an American volunteer medical team on the ground in Ukraine as the country defends itself from an invading Russian force. All donations will go directly toward the purchase and delivery of much-needed emergency medical supplies, such as combat gauze, burn bandages, tourniquets, and antibiotics. The team in Ukraine is headed...

$LUNA, $UST, Crypto world, NFTs, Press release

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Anchor Protocol says goodbye to its fixed earn rate

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Anchor Protocol, the DeFi protocol built on the Terra blockchain, has decided to end its fixed rate of return following a vote. The protocol, which allows annual interest to be generated with deposits in UST, Terra’s stablecoin, will now have a variable interest rate. 1/ With the passing of Prop 20, Anchor will now implement a more sustainable semi-dynamic Earn rate! Let’s cover what this will look like 🧵— Anchor Protocol (@anchor_protocol)...

$ANC, $LUNA, $UST, Cryptocurrencies, Front page, News

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Terra - Luna

Why Terra grew to number two in DeFi

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Terra, the blockchain network and token that are unstoppable. Its $LUNA token continues to grow, and its network is already behind Ethereum. Its blockchain surpassed Binance Smart Chain in locked funds, while its cryptocurrency consolidates itself in the “Top Ten” of the most valuable cryptocurrencies. Terra is a blockchain that is based on Cosmos software. It was created by the South Korean company Terra Labs. Their project aims to...

$LUNA, $UST, Coins, Cryptocurrencies, DeFi, Featured

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