Terra Luna Classic


Terra is a decentralized financial payment network that rebuilds the traditional payment stack on the blockchain. Luna is the reserve currency of the Terra platform. It has three core functions: i) mine Terra transactions through staking, ii) ensure the price stability of Terra stablecoins and iii) provide incentives for the platform’s blockchain validators.

Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
πŸ’° Install these recommended apps:
πŸ’² SocialGood - 100% Crypto Back on Everyday Shopping
πŸ’² xPortal - The DeFi For The Next Billion
πŸ’² CryptoTab Browser - Lightweight, fast, and ready to mine!
πŸ’° Register on these recommended exchanges:
🟑 Binance🟑 Bitfinex🟑 Bitmart🟑 Bittrex🟑 Bitget
🟑 CoinEx🟑 Crypto.com🟑 Gate.io🟑 Huobi🟑 Kucoin.



by COINS NEWS - 2 years ago

Institutions are continuing to buy Bitcoin even as prices are going up! Microstrategy bought 4,176 BTC while Luna Foundation Guard bought 5,773 BTC this last week. So nearly 10,000 BTC is going into long term HODL!

Microstrategy has apparently recently revealed that they have bought a further 4176 BTC to bring their total hodlings to a stupendous 129,218 BTC. I have to check if I even have that many Sats. They didnt buy em super cheap either β€” they paid an aver...

by COINS NEWS - 2 years ago

Why I'm shorting Luna (part 2)

This is an update to my perpetual short on Luna. Increased position with adjusted entry at $101. Exit at $70-80. Anchor Protocol's vote to slowly decrease UST APY has passed, and there will presumably be a gradual monthly decrease of 1.5% at most...

by COINS NEWS - 2 years ago

Why I'm shorting Luna

First of all, why Luna holders are so excited about Terra Labs' plan to acquire $10B in BTC to back their stablecoin is beyond me. What exactly is the point of an algorithmic stablecoin when it's being backed by BTC? Isn't the whole reaso...