Terra - Page 6
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Supply of Terra Stablecoin UST Doubles to $6.49B After Governance Move
The supply of Terra's stablecoin UST has surged but not because of rising demand.
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Terra’s Shade-Filled SEC Lawsuit Signals Crypto is Now Ready to Fight Back
Another crypto bull run, another whirlwind of regulatory pressure. But if Terraforms Labs’ lawsuit is any indication, DeFi is better prepared to fight back this time around.
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Terra Blockchain is Set to Connect to the Cosmos Ecosystem
The Terra stablecoin, UST, will be moving over to the Cosmos universe imminently, which should be quite helpful for the progress of DeFi in that ecosystem.
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Terra and Abracadabra Team Up to Challenge Centralized Stablecoins
For an industry that has decentralization in its very name, DeFi’s reliance on centralized stablecoins remains an Achilles’ heel, making it an easy target for overzealous regulators.
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Terraform Labs Creates $150M Fund to Advance Inter-blockchain Communication
Blockchain communities may never get along on Crypto Twitter, but that doesn’t mean the blockchains themselves can’t. Striving towards a world where all blockchains can seamlessly communicate, Terraform Labs has put forward $150M worth of its LUNA tokens. They are calling the fund Project Dawn. Terraform Labs (TFL) is behind the Terra blockchain, which makes…
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The Return to Terra (LUNA), Summer 2021 Update
It’s hard to believe that this channel is barely a year old and here we are with 227 videos uploaded and a ton of data to work with. We’ve covered so many different topics and NFTs are clearly a favourite but of all the L1s we’ve looked at there’s one in particular that just floats…
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Layer 1 Boom Drives Terra’s LUNA Token to the Moon
And you thought Solana was hot. Well, it is, but Terra’s LUNA token has eclipsed SOL in the last month. LUNA has skyrocketed about 265% in the last 30 days compared to SOL’s 150% performance, according to CoinGecko. While Avalanche’s AVAX token has more than tripled in value in that period one thing seems clear…
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Terra's UST Dip Raises Questions on Algo Stablecoins
Crypto markets went haywire last week and while extreme volatility is expected from most tokens, stablecoins are the one category designed to peacefully weather the storm. The stablecoin issued by the Terra network, UST, got mixed marks as it dipped well below its peg. UST dropped to as low as $0.89 on May 19, or…
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Terra Degen: Playing Both Sides of the Anchor Money Market
Anchor savings has no minimum deposits, account freezes, or signup requirements – it can be used by anyone in the world with access to the internet. Anchor’s money market is a Compound-inspired lending protocol for lending out deposited Terra stablecoins to borrowers. Anchor sources its deposit yields from bAsset-collateralized loans, where rewards of their bAsset…
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"We're Lifting Barriers For Outside Users; If You Allocate Capital in a Vacuum, It's Kind of Meaningless:" Terra's Do Kwon
In this week’s episode, we interview Do Kwon, cofounder of the Terra ecosystem, which includes a payments network, a stablecoin, a lending protocol and a synthetic assets platform. We talk about how he was able to achieve what most crypto companies can’t: Get a broad non-crypto native user base. Terra’s Chai payments system, which uses the Terra stablecoin, has about…