Cryptocurrencies: 6466 / Markets: 49938 Market Cap: 24h Vol:
TerraUSD (UST) Rank 2397
$0.000886
TerraUSD (UST) Rank 2397
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0 UST

TerraUSD (UST)
TerraUSD (UST)
UST

TerraUSD (UST) Price
$0.00

TerraUSD (UST) 24h Vol
$0

TerraUSD (UST) Market Cap
$0

TerraUSD (UST) Circulating
0

Full Name
TerraUSD (UST)
Symbol
UST
Algorithm
BTC Price
0.00000011 BTC
BTC Market
0 BTC
BTC 24h Vol
0 BTC
Total Coins Mined
0 UST
1h
0 %
24h
0 %
7d
0 %

Charts



Description

Description


Terra aims to build a new financial infrastructure that works better for everyone. The network is powered by a family of stablecoins, each pegged to major fiat currencies all algorithmically stabilized by Terra’s native token, Luna. Terra’s mission is to set money free by building open financial infrastructure. Luna, as the native staking asset from which the family of Terra stablecoins derives their stability, utility, and value, acts both as collateral for the entire Terra economy and as a staking token that secures the PoS network. Luna can be held and traded like a normal crypto asset, but can also be staked to accrue rewards in the network generated from transaction fees. Luna can also be used to make and vote on governance proposals.

The family of Terra stablecoins is designed to achieve stability through consistent mining rewards with a contracting and expanding money supply. For example, if the system has detected that the price of a Terra currency has deviated from its peg, it applies pressure to normalize the price. Currently, the family of Terra stablecoins includes: KRT (Terra stablecoin pegged to Korean Won), UST (Terra stablecoin pegged to US Dollar), MNT (Terra stablecoin pegged to Mongolian Togrog), SDR (Terra stablecoin pegged to IMF SDR), with more being added in the future.

Full Name TerraUSD (UST)
Start Date N/A
Algorithm N/A
Proof Type PoS
Website https://terra.money/
Twitter @terra_money
Facebook N/A
Reddit N/A
Block Number N/A
Block Time N/A
Block Reward N/A
Total Coins Mined N/A
Previous Total Coins Mined N/A
Net Hashes Per Second N/A
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