CryptoInvesting.art helps new investors add cryptocurrency into their investment portfolio. The crypto world is complex. Knowing where to buy, how much to invest and what has good yields ⸺ becomes a new art.
Programmable Money For The Internet
Terra is blockchain payment network interwoven with stablecoins.
They have their own stablecoins. For USD, it is UST Terra (not to be confused with the popular USDT Tether). To mint an additional dollar of UST, a dollar worth of Luna must be burnt on the other end. The reverse is true.
Terra has a real-world eCommerce use case with 10 million users. They partnered with CHAI, a Korean mobile payment service.
They have desktop app and web app.
If you use Ledger, it is not supported on Terra desktop app. Just use the Terra web app.
As of Jan 2022, it is 9.6%. There are also weekly airdrops, which is an additional 0.69%. Info from Smart Stake.
Claiming airdrops has a fee of ~$0.30 each time. If you stake little, you get little, so claiming is not worth it.
LUNA can be traded in most exchanges.
Send it to your Terra wallet, and you can stake it there.
Terra has other tokens: