Crypto Market Cap$2,281,557,577,2163.45%
Staking Market Cap$653,530,209,7675.31%
Locked in Staking$163,945,878,1514.28%
Proof of Stake Dominance59.9%-0.7%
Average Reward Rate15.23%1.51%
Average Total Staked25.09%-0.97%
Crypto Market Cap$2,281,557,577,2163.45%
Staking Market Cap$653,530,209,7675.31%
Locked in Staking$163,945,878,1514.28%
Proof of Stake Dominance59.9%-0.7%
Average Reward Rate15.23%1.51%
Average Total Staked25.09%-0.97%
#7
Add to portfolio

Terra

LUNA

Terra is a blockchain payment network of decentralized stablecoins.

$5,944,349,377

$4,803,849,937

32.2%

7d
30d
90d
Reward Options
Risk
Complexity
Reward
Adj. Reward
Minimum
Lock Up
Avg. Fee
Participating
Delegate LUNA
Risk
moderate
Complexity
easy
Reward
42.35%
Minimum
-
Lock Up
21 d
Participating
-
Adj. Reward
38.64%
Avg. Fee
10%
Run a Validator Node
Risk
risky
Complexity
very hard
Reward
47.05%
Minimum
-
Lock Up
21 d
Participating
-
Adj. Reward
43.35%
Avg. Fee
-

FAQ's

  • What is Terra?

    Terra is a blockchain protocol that enables the issuance of price-stable cryptocurrencies (called Terra stablecoins) that track the value of major fiat world currencies, providing the requisite infrastructure for a decentralized economy.

  • What is LUNA?

    Luna is the native staking token for Terra and collateralizes the Terra economy. Luna can be staked in order to earn rewards from transaction activity within the Terra economy, as well as decide on chain governance proposals.

  • How was Terra launched?

    Launched in April 2019, Terra’s mainnet is designed for decentralized applications that use stablecoin Terra as their underlying currency. To push mainstream adoption, Terra partnered with a formidable alliance of leading eCommerce companies in Asia, including industry giants such as TMON (Korea), Carousell (Singapore), Qoo10 (Singapore), and Tiki (Vietnam).

    To date, 25 eCommerce platforms that collectively have $50 billion in annual transaction volume have joined the Terra Alliance to offer Terra as a payment option to their 50 million users.

    At the time of writing, Terra has over a million active users and has processed over a billion dollars in transactions in Korea through payment app CHAI, and has a unique partnership with the government of Mongolia through Memepay.

  • Who is the team behind Terra?

    Terra was started by cofounders Do Kwon and Dan Shin, and the team is based in South Korea and Singapore.

    Do studied Computer Science at Stanford, was an engineer at Apple and Microsoft, and brings his expertise in distributed systems from his previous startup, Anyfi. Dan is a serial entrepreneur and founded TMON, one of the largest e-commerce platforms in South Korea, and brings experience and deep networks in e-commerce.

    Whereas other stablecoin projects exist as technical novelties, Terra is driven by an ambitious, BD-oriented team dedicated to real-world use cases and its mainstream adoption.

Last updated: 2021-04-14 16:29:18