Read on Twitter
$LUNA just went to the moon.
Here is my thread why this is only the beginning for $LUNA and why it would be top 20 in 2021.
Here is my thread why this is only the beginning for $LUNA and why it would be top 20 in 2021.
1/ What is $LUNA?
Terra is designing a price-stable digital currency that will power the next-generation payment network on the blockchain. Terra partners with an ever-growing alliance of global eCommerce platforms to bring blockchain’s benefits such as low transaction costs.
Terra is designing a price-stable digital currency that will power the next-generation payment network on the blockchain. Terra partners with an ever-growing alliance of global eCommerce platforms to bring blockchain’s benefits such as low transaction costs.
2/ How does the price just keep going up?
Stakers for $LUNA are rewarded in $KRT/ $UST/ $MNT/ $LUNA. These rewards are from the usage of the network and through payments via CHAI dApp.
ATM, most rewards come in a form of $KRT.
Stakers for $LUNA are rewarded in $KRT/ $UST/ $MNT/ $LUNA. These rewards are from the usage of the network and through payments via CHAI dApp.
ATM, most rewards come in a form of $KRT.
3/ Such staking inflation models encourage stakers to continue and rebuy more $LUNA with stable coins received through staking to maintain their share in the network.
4/ $LUNA has continuously kept up with DeFi trends. They build synthetic markets that allow users to buy synthetic stocks without KYC.
You can download MirrorWallet via google play store.
Trading can be done via depositing $UST.
You can download MirrorWallet via google play store.
Trading can be done via depositing $UST.
5/ $LUNA will be releasing Anchor V1 in Q1 2021. This will allow users to lock up collateral in exchange for loans in $UST.
Anchor also offers a solution with stablecoins money market. They will allow users to deposit terra stablecoins and in return, get more stablecoins.
Anchor also offers a solution with stablecoins money market. They will allow users to deposit terra stablecoins and in return, get more stablecoins.
6/ Users would also be allowed to stake their synthetic stocks bought via $MIR and continuously getting yield.
AKA Yield bearing stocks.
This will incentives people to buy via $MIR instead of buying from your broker.
Low fees, high yield.
AKA Yield bearing stocks.
This will incentives people to buy via $MIR instead of buying from your broker.
Low fees, high yield.
7/ Many are wondering regarding whether law enforcers would come after $LUNA just because they wrote the codes for synthetic stocks.
Got cleared up during the Terra Community AMA.
They just wrote codes and will not be benefiting from the airdrop of $MIR tokens. Thus, no issues.
Got cleared up during the Terra Community AMA.
They just wrote codes and will not be benefiting from the airdrop of $MIR tokens. Thus, no issues.
8/ Buzlink would be Terra's version of a marketing platform that creates incentives to scale referrals. This allows content creates to understand and visualize the flow of referrals.
By knowing where you are getting your views/customers from, you can improve your business model.
By knowing where you are getting your views/customers from, you can improve your business model.
9/ The VCs backing Terra & Chai are all big names.
Softbank, SK Networks, Hanhwa, AArden.
Below are the VCs that previously backed $LUNA
There are still numerous partnerships with many e-commerce businesses in Korea.
Softbank, SK Networks, Hanhwa, AArden.
Below are the VCs that previously backed $LUNA
There are still numerous partnerships with many e-commerce businesses in Korea.
10/ TLDR, $LUNA has evolved from a payment ecosystem to a whole financial system. More normies(that are not into crypto) will be exposed to a Terra version of $SNX, $AAVE.
The network is constantly growing and the yields will keep increasing.
TOP 20 EOY
TOOOO DUHHHHHH MOOOOON
The network is constantly growing and the yields will keep increasing.
TOP 20 EOY
TOOOO DUHHHHHH MOOOOON
Sources:
https://medium.com/terra-money/december-2020-community-update-1becab2ebd2b
https://huobiglobal.zendesk.com/hc/en-us/articles/900001917543-LUNA-Terra-Introduction
https://terra.money/
https://twitter.com/d0h0k1/status/1341503807050510337?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1341503807050510337%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fcdn.embedly.com%2Fwidgets%2Fmedia.html%3Ftype%3Dtext2Fhtmlkey%3Da19fcc184b9711e1b4764040d3dc5c07schema%3Dtwitterurl%3Dhttps3A%2F%2Ftwitter.com%2Fd0h0k1%2Fstatus%2F1341503807050510337image%3D
Don't just take my word, verify it.
https://medium.com/terra-money/december-2020-community-update-1becab2ebd2b
https://huobiglobal.zendesk.com/hc/en-us/articles/900001917543-LUNA-Terra-Introduction
https://terra.money/
https://twitter.com/d0h0k1/status/1341503807050510337?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1341503807050510337%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fcdn.embedly.com%2Fwidgets%2Fmedia.html%3Ftype%3Dtext2Fhtmlkey%3Da19fcc184b9711e1b4764040d3dc5c07schema%3Dtwitterurl%3Dhttps3A%2F%2Ftwitter.com%2Fd0h0k1%2Fstatus%2F1341503807050510337image%3D
Don't just take my word, verify it.
