Today we will find an answer to the question “What is Terra Luna?” Luna is the native coin of Terra. The Korean company Terraform Labs created the LUNA blockchain. Through the private sale of Terra Luna coins, they raised $32 million to support this development. Investments were made from centralized sources like OKEx, Huobi, and
Discover Trust Wallet, a non-custodial cryptocurrency wallet empowering you to take control of all your digital assets, from crypto coins to non-fungible tokens (NFTs). Trust Wallet offers multiple features, including support for Web3 capabilities, decentralized exchange (DEX) integration, staking, swaps, and more. Our comprehensive review will delve deep into the features, security measures, and user
Playing an important role in the adoption of Web3, Enjin provides a platform of software products designed to allow anyone to harness the power of NFTs (non-fungible tokens) through the development, trade, monetization, and marketing of blockchain assets. What is the Enjin platform? The Enjin platform is an ecosystem of interconnected, blockchain-based gaming products designed
Stablecoins are a type of cryptocurrency that is pegged to fiat currencies or commodities. Historically, stablecoins have helped traders earn trading profits more conveniently by allowing them to interact significantly less with traditional banks each time they place a trade. What is TrueUSD (TUSD)? TrueUSD, or TUSD for short, is one of several well-known fiat-collateralised
The FTX token is an exchange token created by the FTX Exchange with the ticker FTT to power its ecosystem and provide value inside the exchange’s activities. The exchange was founded in an attempt to avoid clawbacks in cryptocurrency exchanges. This is accomplished through a three-tier liquidation strategy that utilises rate-limited orders to close positions and a
Blockchain has genuinely transformed global businesses, offering a secure and transparent method for recording transactions. It’s a game-changer in finance, healthcare, supply chain, and beyond, streamlining operations and boosting efficiency. The XDC Network – an enterprise-ready, open-source blockchain is suited for real-world decentralized finance with tokenization at the forefront. With its developer-friendly hybrid architecture, XDC
Compound Finance is a decentralized lending and borrowing platform based on the Ethereum blockchain. From mortgages to personal loans and leveraged trading of assets, lending is an important function of the traditional financial system. Likewise, lending and borrowing are essential functions of decentralized finance (DeFi) meant to perform a similar function but without the reliance on centralized
Bitcoin Gold is a cryptocurrency and a hard fork of Bitcoin, launched in 2017, to return mining to the common individual. A cryptocurrency is a digital asset conceived for use as a medium of exchange, which uses cryptography to secure transactions, control the supply of additional units and corroborate transfers. In short, cryptocurrency is a
The Curve protocol CRV and Curve DAO token form another innovative project to come from the DeFi movement and one that provides a particularly unique and well-designed concept. Improving on functionalities that DeFi platforms like Uniswap and Sushiswap have otherwise neglected, CRV focuses on providing a viable alternative solution to traditional financial platforms in the
Terra Classic In the realm of cryptocurrency, Terra protocol has established a name for itself as an open-source blockchain platform that hosts decentralized applications (dApps) and provides developer tools. It has garnered recognition for its swift transaction speed and accessibility for Decentralized Finance (DeFi) products. Understanding the Terra classic protocol entails grasping the unique components that constitute it and