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What is Terra/Luna?
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 pegged to the U.S. dollar through an algorithm. Terra is a stablecoin that is intended to reduce the volatility endemic to cryptocurrencies like Bitcoin. Some stablecoins, like Tether, are…
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What is Staking?
Stalking is a way to earn cryptocurrencies by putting it to some use, instead of holding simply in the crypto wallets. Staking is the process of participating in transaction validation on a blockchain. On these blockchains, anyone with a minimum-required balance of a specific cryptocurrency can validate transactions and earn Staking rewards. Types of Transaction…