How LUNI Will Use The Terra Protocol To Keep You Up-to-date With Cryptoc


How does the Terra protocol keep you up-to-date with cryptocurrency? 

By using a combination of open market arbitrage and decentralized oracle voting, the Terra protocol creates stablecoins that consistently track the price of any fiat currency.

LUNI helps you keep up-to-date with the latest cryptocurrency news and we use the Terra protocol to power our platform. The protocol creates stablecoins that consistently track the price of any fiat currency, so it's simple for you to get the quotes and rankings you need. Welcome to the LUNI family!

The Terra protocol is a solution using smart contracts on the blockchain to create reliable stablecoins that are pegged to the fiat currency of one's choice. The protocol will stay relevant in the crypto-space by being transparent, honest, and by keeping promise of maintaining its peg at all times.

The Terra protocol allows you to send and receive fiat stablecoins on the blockchain in a secure, fast, and auditable way. By using the Terra protocol, Luni can quickly create Ethereum-based smart contracts that are backed by fiat currency deposits in traditional bank accounts. All of this is possible without relying on third-party trust or custodians.

From holiday shopping to dining out with friends, the way that you spend is changing every day. LUNI tracks your spending habits throughout the year and uses the Terra protocol to generate a stablecoin tied to the US dollar. This lets you take advantage of the benefits of Ethereum's volatile trading markets . . . but with no downside.

You just have to install a tiny bit of software, candy bar wrapper-sized, and it will tell you the price in your local currency of all the Terra stablecoins. It will work on your mobile phone too and integrate with many other blockchain wallets including LUNI's open source LUNI wallet.

While working in private beta, LUNI has used Terra to build the first-ever stablecoin pegged to the value of one US dollar. In order to share this amazing new tech with crypto enthusiasts everywhere, we're starting with a simple and rewarding program to incentivize users to learn more about Terra, and then share that knowledge with others.

LUNI will be using the Terra Protocol to build a decentralized network and marketplace that allows hedge funds, market makers, and other players in the crypto markets to easily create low-volatility cryptocurrency assets.

LUNI plans to leverage the Terra protocol in order to access a greater range of business and user adoption. Described in their whitepaper as a mechanism for keeping token issuers financially accountable, and through it the opportunity to create a new economy where digital tokens are created, operated and exchanged within the network of real-world lenders, Terra is poised to expand the reach of cryptocurrency in the coming years.

LUNI is an open-source, stablecoin project that has built their protocol to overcome volatility, high transaction costs and an overall lack of user adoption in the traditional financial system. LUNI's use of the Terra Protocol allows cryptocurrency to be used in everyday life with the launch of The Atlas Wallet.

The LUNI token provides benefits that vary based on the user's needs.

The Terra protocol is an open source project that uses an incentive mechanism to create stable cryptocurrencies that are pegged to the value of fiat currencies. The incentive mechanism uses open market arbitrage, convertible bond contracts and decentralized voting via smart contracts to control the supply and demand of the each stablecoin and peg it to a fiat currency with low volatility. 

Not only does this system create a better way of managing fiat exposure but also creates a new ecosystem for decentralized applications and protocols within their environment.

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