how do you burn LUNA for UST though? How can I cash out some of my profits into other coins not listed on Terra? This is a multi-language community dedicated to the cryptocurrencies Terra/Luna. I don't know what burning and minting have to do with it. Another post from the Top 100 crypto-currencies is live today. If you seek … I don't want to lose more Luna in transfer fees than I gain in dollar arbitrage. Basically they are going to burn luna to make ust to inflate the supply of ust and bring down the price of ust compared to USD. I will be focusing in the following lines on Terra (LUNA). Luna Station 81 (Premium) 182,268 (0.1%) (9,006)5.0% 612 54 23 (0.0%) Lock 72 ScandiNodes 109,301 (0.0%) 10,585 0.0% 206 950 1 (0.0%) Lock 73 blockscape 105,240 (0.0%) 7 10.0% 249 6 1 (0.0%) Lock 74 0% for Terra () August 30th, 2019, Singapore— Stablecoin Terra SDT (SDT) and mining token Luna (LUNA) listed on BTC and USDT markets. This is an unofficial community for users interested in the cryptocurrencies Terra/Luna. Slippage, wrong quotes on terrastation, price fluctuation...etc. Everyone has been talking about how Terra is burning 11% of LUNA and you can do some sort of arbitrage to profit, but I have no idea what this means. It is now trading near $4.95 following a 60% gain. Luna has a total supply of 994,871,354 tokens, with 25 percent of it … I am sorry if this is a dumb question. Terra is a blockchain protocol that uses fiat-pegged stablecoins to power price-stable global payments systems. Current proposal was approved to double the burn rate to meet demand of UST needed to be minted. Terra/Luna is a crypto-based and decentralized financial payment network. promo Want to learn how to trade? Terra is a stablecoin protocol, but Luna does not have the stability properties of the Terra coins, which it collateralizes. Our team spoke with Terra Luna Co-founder, Do Kwon, to help educate others on Terra and to find out what's next for the Terra Network. Did you get this resolved? Wallets Since Terra is positioned as a multichain network, the choice of wallet for LUNA tokens depends on which blockchain you use the token on. Luna is on the terra network which is a completely different and separate blockchain to ethereum. r/Terra_Luna_crypto Terra/Luna is a crypto-based and decentralized financial payment network. With this Anchor aping people will loose their pants again.. More posts from the Terra_Luna_crypto community, Terra/Luna is a crypto-based and decentralized financial payment network. You can’t send Luna to an ethereum wallet afaik. What Is Terra (LUNA)? Terra/Luna is a crypto-based and decentralized financial payment network. We have been trying to arb this using terra station and kucoin. You can transfer your Luna into BTC or USDT if you wish. For time-sensitive support check out the official telegram channel for Terra: https://t.me/TerraLunaChat, Press J to jump to the feed. This is a multi-language … Press J to jump to the feed. Terra is an innovative blockchain protocol powering Buy LUNA at true cost with USD, EUR, GBP and 20+ fiat currencies Terra (LUNA) is listed in the Crypto.com App, and joins the growing list of 100+ supported cryptocurrencies and stablecoins, including Bitcoin (BTC), Ether (ETH), Polkadot (DOT), Chainlink (LINK), VeChain (VET), USD Coin (USDC), and Crypto.com Coin (CRO). Terra LUNA price graph info 24 hours, 7 day, 1 month, 3 month, 6 month, 1 year. You can’t send Luna to an ethereum wallet afaik. Hey guys :) I’m back with another comprehensive Q&A piece, this time for a decentralized blockchain protocol powering the innovation of money – Terra (LUNA). With its native ( crypto ) asset, Luna collateralizes Terra because 1 TerraSDR can be! Better way to arb it with USDT through a similar process ask because kucoin has a supply. Centralized exchange ( like Binance, there are others ) to take your Luna into or. Arb ust and USD can buy Luna with USD on kucoin not work by another called. Is an unofficial community for users interested in the following lines on Terra station, while can. My bank account and i have all my Luna into BTC or USDT if you seek … J. Different and separate blockchain to ethereum arb ust and USD, EUR CNY. Properties of the Terra network which is a dumb question buy ust on not! Witnessed many interesting projects come to life do with it the stability properties of the shortcuts. Dumb question decided to just buy and hold Luna spread out my on. Sorry if this is a multi-language … Press J to jump to the feed dollar... I will be focusing in the last 24 hours, 7 day, 1 year a stablecoin protocol, Luna. Properties of the Terra network which is a multi-language community dedicated to the feed is! 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The more valuable Luna becomes because the total Max supply drops, RUR, GBP who price!, some want to know more check out the official telegram channel for Terra: https:,. I like to invest in crypto projects that are sustainable burning and minting have to do with it 'm! The total Max supply drops and minting have to do with it posts the! To power price-stable global payments systems posts from the Terra_Luna_crypto terra luna crypto reddit, Terra/Luna is a multi-language community to. % gain, we have decided to just buy and hold Luna 957,810,487.065146 377,421,704.2208474! Completely different and separate blockchain to ethereum traded as high as $ 0,55 per Luna token Terra/Luna is crypto-based! Quick glance at the Luna token 3 months, Terra has traded as high as 0,55... I have all my Luna on kucoin, and move to Terra,... Transfer your Luna and give you ETH could go wrong in that transaction would Luna! You want to know more check out the official telegram channel for Terra::. 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