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Terra is a blockchain protocol and payment platform used for algorithmic stablecoins. The project was created in 2018 by Terraform Labs, a startup co-founded by Do Kwon and Daniel Shin. It was best known for its Terra stablecoin and the associated LUNA reserve asset cryptocurrency.
Oct 13, 2023 · Terra is a Cosmos-based protocol that powers a suite of algorithmic stablecoins, which aim to maintain their pegs using a coin called LUNA.
Terra is an open-source, public blockchain that hosts a vibrant and expanding ecosystem of applications. On Terra, you can build applications and organizations using the available suite of cutting-edge developer tools or try out existing apps simply by connecting a wallet.
Jun 1, 2022 · A detailed timeline of Terra's journey from its underdog start as a payments app in South Korea to a $60 billion crypto ecosystem to one of the biggest failures in crypto.
Jun 28, 2023 · The native token, Terra (LUNA) was the network’s staking and governance asset. Users stake LUNA to earn a place in governance and become validators and obtain rewards. Users can also burn LUNA to...
Terra is an open-source blockchain hosting a vibrant ecosystem of decentralized applications (dApps) and top-tier developer tools. Using proof-of-stake consensus and ground-breaking technologies like Mantlemint, Terrain, and Station, the Terra blockchain is one of the fastest chains in existence, giving users an unparalleled DeFi experience.
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What is Terra & how does it work?
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What is Terra (Luna)?
What is Terra crypto?
What is the New Terra network based on a new governance plan?
Why did Terra go out of business?
Jul 16, 2021 · Terra is a blockchain project developed by Terraform Labs that powers the startup’s cryptocurrencies and financial apps. These cryptocurrencies include the Terra U.S. Dollar, or UST, that is ...