3 things you need to know about Terra (LUNA) before seriously investing in this crypto – The ₿log

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LUNA wagering return 6-8% per year

With $30 billion in tokens locked by owners on Terra, LUNA Ether As the second most bet on asset in March 2022.

You can earn passive income by storing LUNA. The easiest way to stake your LUNA tokens is in the wallet Terra Station. You will first need to create a Terra Station wallet and transfer your LUNA tokens from any exchange you have purchased.

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If you decide to do this with Terra Station, it is important to note that there is a minimum 21-day lock-in period for your tokens before you can claim your rewards. you can’t spend yours LUNA In this process. With Staking, you can earn more than 6% annual return.

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Agriculture with Anchor Protocol

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Anchor It is a lending and borrowing platform that provides a high interest rate of up to 19.5% for Terra stablecoin holders who stake their assets. Launched on Terra Blockchain. The protocol was promoted by the network as a way for stablecoin holders to receive rewards. Terra stablecoin holders including TOPEarn earnings in the same way as LUNA staking. Rewards are paid in ANC, the native crypto of the protocol.

Export of synthetic assets with Mirror Protocol

Terra Luna Mirror Protocol – Buy Apple, Amazon and Google Stocks with Crypto » NullTX https://t.co/slLzjiSabO

— Cryptocurrency (@LaCryptoMonnai1) 10 March 2022

Mirror Protocol It is a decentralized finance (DeFi) platform that allows the issuance of synthetic assets that tracks the value of real-world assets, including stocks. The Mirror Protocol allows Terra users to publish mutable assets. To issue a “mirror asset” called mAsset, it is sufficient to pledge more than 150% of the current asset’s value in Terra stablecoins or mAssets. These can be exchanged for UST stablecoins on the platform. Therefore, it is a way to trade stocks in the Terra ecosystem.

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Alm Maye has been a trader and analyst since 2013. He specializes in stock markets, Forex and cryptocurrencies. He is the creator of Almvest.com and Imveste.com, two sites dedicated to personal finance. He participates in the development of featured articles on specialized sites such as actions-boursieres.fr and the international network of Finixio.com.

Source From: Google News

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