Luna by Terra Money icon
Luna by Terra Money icon

Luna by Terra Money

Terra is a public blockchain protocol deploying a suite of algorithmic decentralized stablecoins which underpin a thriving ecosystem that brings DeFi to the masses.

Luna by Terra Money screenshot 1
Luna by Terra Money screenshot 2
+1
Luna by Terra Money screenshot 3

Cost / License

  • Free
  • Open Source

Application type

Platforms

  • Mac  Apple Silicon - [https://github.com/terra-money/station-desktop/releases/download/v1.2.0/Terra.Station-1.2.0-arm64.dmg](https://github.com/terra-money/station-desktop/releases/download/v1.2.0/Terra.Station-1.2.0-arm64.dmg)
  • Windows
  • Linux
  • Online
  • Android
  • iPhone
  • iPad
  • Linux Mobile
Alternatives  
0likes
8alternatives
0articles

Features

Luna by Terra Money News & Activities

Highlights All activities

Recent activities

Luna by Terra Money information

AlternativeTo Category

Business & Commerce

Apple AppStore

  •   Updated 
  •   3.79 avg rating
View in AppStore

Popular alternatives

View all
Luna by Terra Money was added to AlternativeTo by muddlefoot on and this page was last updated .
No comments or reviews, maybe you want to be first?

Official Links

AppStores & Other Links

Download from Mac App Store
Download from Microsoft Store
Download from Google Play Store
Download from iPhone App Store

What is Luna by Terra Money?

While many see the benefits of a price-stable cryptocurrency that combines the best of both fiat and Bitcoin, not many have a clear plan for the adoption of such a currency. Since the value of a currency as a medium of exchange is mainly driven by its network effects, a successful new digital currency needs to maximize adoption in order to become useful. We propose a cryptocurrency, Terra, which is both price-stable and growth-driven. It achieves price-stability via an elastic money supply, enabled by stable mining incentives. It also uses seigniorage created by its minting operations as transaction stimulus, thereby facilitating adoption. There is demand for a decentralized, price-stable money protocol in both fiat and blockchain economies. If such a protocol succeeds, then it will have a significant impact as the best use case for cryptocurrencies.