*Updated*

1- While $LUNA is hovering around the ICO price of $0.80 you may ask how far has #Terra come since its inception and where is it going

Let’s explore a little bit

2- Terra has hit an annual run rate of $2.4 billion and is the 3rd largest blockchain by collected revenue ($13m) of which all goes to stake holders. Terra has around 2.4 million registered accounts averaging 100k+ new users each month

3- A majority of new users registers through #CHAI a payment app that is integrated with some of the largest online retailers in S. Korea. Moonpay is another Terra based payment app that is gaining traction and winning ground in Mongolia

4- Chai recently received a $60 million Series B investment from tech giant Softbank & Hanwha Investment & Securities. Galaxy Digital, Arrington and Pantera are also among recent investors. The early investment base includes Binance, Huobi, Okex, Kakao and many more

5- Terra is looking to expand beyond S.Korea in different Asian countries, Singapore being one target country but these plans had to be postponed because of Covid-19 . Estimation for 2025 is $36bn in transaction volume which would translate to over $200m in rewards

6- @Mirrorprotocol was just launched on Terra - a Synthetic Asset Protocol that reduces barriers to entry into global markets. Mirror can be downloaded on both iOS and Android. Interest bearing tokenized stocks? Which leads us to Anchor

7- @AnchorProtocol is a savings protocol for stable yields and liquid staking for $LUNA $DOT $ATOM & $SOL
The composability between mAssets (tokenized stocks) and Anchor have already given rise to interesting game theories

8- Lastly I want to mention Buzlink. io Terra cofounder Do Kwon calls it ”a marketing platform that puts referral marketing on steroids”.

I have not covered everything that is happening on Terra but these are some few developments that have made #LUNAtics excited!