2022-5-8 12:43 |
Terra’s biggest stablecoin briefly lost its peg. Supporters claim it was a coordinated attack, but critics disagree
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Terra’s week from hell continues as its stablecoin remains far from the dollar peg while its native coin has slumped to zero. However, on Wednesday, Terra founder Do Kwon came up with a roadmap to restore UST’s peg.
2022-5-14 22:40 | |
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Terra is a blockchain-based ecosystem with a native algorithmic stablecoin (UST) designed for real-world adoption and native token (LUNA) used to stabilize UST’s dollar peg. TerraUSD (or UST) is the… The post Terra (UST and LUNA): A Guide to Crypto’s Hottest New Ecosystem appeared first on CoinCentral.
2022-5-5 19:22 | |
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To keep up with the demand for Terra’s UST stablecoin, LUNA tokens are burned to maintain the $1 peg. All things being equal, less supply could help to support the price.
2022-4-28 20:40 | |
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Terra (LUNA) reached $96 today. The highest year-to-date all-time high for the multi-functional coin built to stake, peg stablecoins and participate in governance mechanisms. LUNA’s recent value feat marks an impressive 6000% value increase for the asset which started the year at a paltry $0.
2021-12-22 13:06 | |
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Bitcoin fell nearly 54% during the latest deep rut, Ether 60. 6%, and altcoin as much as more than 90%. Amidst this, Terra (LUNA) lost 81. 3% of its value from the all-time high of $22. 36 in March.
2021-5-24 17:31 | |
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