cryptocurrency

Terra (Luna) Cryptocurrency Has a Current annualized Reward Rate Up at 17.54% – The Cryptocurrency Analytics


Terra is known as the price-stable cryptocurrency, which got focused on empowering the next generation of the payment network. It is eight months since Terra has got launched.

Terra tweeted that the cryptocurrency is “The next-generation payment network and grow the real GDP of the #blockchain economy.”

The current annualized reward rate of Terra is up at 17.54%.  The rewards come from the transaction fees.  Taxes and seigniorage in the network also contribute to the rewards. About 22.39% of the total token supply is already participating in the rewards.

Terra Cryptocurrency Touched the 1 Million User Goal

CryptoSlate tweeted:  “Stablecoin protocol Terra (@terra_money) surpasses one million users in less than nine months (via @EmsleyJonnie)”

Sydney Ifergan, the Crypto Expert, tweeted:  “Congratulations to #Terra on achieving the 1 million User Accounts Goal in nine months of the blockchain genesis. Good Start and miles to go TERRA (#Luna) . “

Terra have planned a lot for 2020.  They are expanding to support more of DeFi.  Further a lot of cool partnerships are to be achieved this year.

Terra Tweeted:  “Want to get some #Luna and #Terra to start 2020 right? Now you can easily purchase with your credit card.”

Year 2020 started for Terra with Chai getting live in CU, the biggest of Korea’s Convenience Store.  The token has been showing a steady growth and no one have been talking about it.  It worked like a ticking time bomb and they are continuing their moves strategically.

Terra Staking

The Terra Blockchain Consensus is achieved through Tendermint.  The investors choose to participate in staking, or they join by delegating. To earn a passive income, there are two options with this token.  One is with staking rewards, and another is with Delegating LUNA.

Delegation of Terra (LUNA) is done considering parameters like Annual Reward, Adj. Reward, Lock-Up Period, Complexity Rating, and Risk Rating.

Delegating is very easy and secure, and it is done within just a few minutes inside the Wallet.  Running a validator which ranks one in the top 100 or delegating to one of such validators is profitable. Rewards are obtained depending upon the transaction volume in the Terra Economy. It is a lot of responsibility to run a validator node; therefore, it is good to stake by delegating the LUNA.

LUNA and Terra are different. Terra is a stable coin Protocol. Luna collateralizes Terra, and it does not have the properties of Terra. Exhaustive details are available in the Terra Station Delegation Guide.





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