As Terra ascends the ranks of the top ten cryptocurrencies, its popularity as a yield generator continues to soar. It is now the second most staked crypto by value, surpassing even Ethereum 2.0. Staking VS DeFi To be clear, this “staked” value does not refer to the “total value locked” in the DeFi protocols on...Read More
THORChain (RUNE) surged by over 70% this week, up to $5.5, on a series of encouraging technical developments in its ecosystem. The decentralized liquidity protocol surged ahead of the long-awaited mainnet launch and integration with Terra. THORChain allows users to easily exchange cryptocurrency assets. It also enables them to swap assets in permissionless settings without...Read More
The $38.15 million deal will focus on promoting Terra across various parts of the sports franchise’s home venue and TV network. Implementation of Terra’s UST stablecoin as an accepted currency in venue transactions is yet another area of interest, said the baseball team. Enhancing the Terra Brand According to the official press release, the Terra...Read More
The Swiss fintech company – 21Shares – announced the listing of three exchange-traded products on Euronext Paris and Amsterdam. The ETPs will track the performance of Chainlink, Terra, and Uniswap. More ETPS From 21Shares The Switzerland-based investment product issuer has been active on the digital asset scene lately. Last week, it listed Aave, Chainlink, and...Read More
Multi-sector blockchain protocol Terra (LUNA) has announced a proposal to deploy $139 million to five different DeFi projects across Ethereum, Solana, and Polygon to enhance UST’s use cases. The proposal, however, needs to be accepted by the Terra community through a vote of governance participants that’s likely at a later date. Terra as a Dominant...Read More
While the broader crypto market is still struggling with the bearish trends from last week, LUNA, the native cryptocurrency of the Terra ecosystem, is currently one of the best-performing assets in the market. According to data by CoinGecko, LUNA has gained over 50% within the last seven days, and despite the weekend crash, hitting a...Read More
