Terra Luna has been making a lot of noise in what is otherwise a fairly quiet crypto space at the moment. Here's why I'm excited about it.
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#Crypto #Bitcoin #Shorts #LUNA
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#Crypto #Bitcoin #Shorts #LUNA
I believe tara luna is an essential that you should also have in your portfolio. Luna is another blockchain protocol that uses a stablecoin, also known as ust, in order to create their successful terra ecosystem. Now the explanation can get a little complicated, but all you need to know is that luna and ust are mutually dependent and that luna is used to stabilize the price of that stable coin. Ust, tara, pretty much gives you the best of both worlds when it comes to actually using crypto as a currency with luna, you get the borderless benefits of cryptocurrencies with the price stability of fiat currency.
Tara users can do things like invest in synthetic assets and earn interest on their crypto savings. Essentially, this is anything that you could do through traditional banks, but over into the d5 world. It also helps that with the anker protocol, you can also find yourself earning an annual interest of 20 on your usd holdings.