Get started

Lunalong

New moon for nowHello! After the storm, Luna appears to have forming another structure. This can trigger a FOMO in many players and can lead to a increase in price, many will hope that it will hit $1. And its possible but have a very small probability. In the next days Terra members will be working on a plan to refund those that have been lost in this crash, and will also reconstruct the network twitter.com . As they can do anything, they can do a rollback in the block production to moment prior the crash and refund the money people had lost before and after this moment. So the real value of the luna coins now is very uncertain. I do fell sorry for the people that lost in this unconventional event. But think you can recovery all of it, we always do. As a trade plan, I will buy a small amount that I can afford to lose and distribute sell orders at every fib level. To recuperate the invested and reserve some LUNA in the case it really strikes at 1 and more. The size of the orders depends on your perspective. Thank you for reading!
LLong
by lcharles1001
9
$LUNAUSDTWhat is Terra? Terra is a decentralized financial payment network that rebuilds the traditional payment stack on the blockchain. It utilizes a basket of fiat-pegged stablecoins, algorithmically stabilized by its reserve currency Luna, to facilitate programmable payments and open financial infrastructure development. As of December 2020, the network has transacted an estimated $299 billion for over 2 million users. What is Luna? 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. The Terra protocol runs on a Proof of Stake (PoS) blockchain, whereby miners must stake their Luna in order to mine transactions. All else being equal, a validator who has staked more Luna has a higher chance of generating the next Terra block compared to another validator who has staked less. In essence, Luna represents a validator’s mining power. However, in providing network security and validation, Luna holders and stakers are exposed to the price risks associated with the asset. This is because the Terra protocol readily exchanges Terra stablecoins for Luna at their determined exchange rate to maintain the peg. When demand is high and prices are above the peg, it will sell stablecoins for Luna. When demand is low and prices are below the peg, it does the opposite. In this way, validators absorb the short-term volatility of the network. To compensate for this, validators are given rewards in the form of: i) staking rewards, ii) gas fees, iii) taxes, and iv) seigniorage rewards. Staking rewards are determined by the size of a validator’s stake and are structured to incentivize transaction volume increases. Gas fees and taxes are similar in that a small fee is imposed on all Terra transactions, distributed to validators on a pro-rata basis. Finally, seigniorage rewards are given to validators who participate in the Luna exchange rate oracle process. These rewards seek to create mining demand that is stable and evergreen throughout all economic conditions. If rewards are increasing, the protocol decreases network fees and seigniorage rewards, and vice versa. More information on Luna and its rewards can be found in Terra’s Docs website, as well as in its whitepaper. Alternatively, you can watch our video to learn about the Luna ecosystem.
Long
by BADQOMOCAWGOWLD
3
LUNA - Don't panic! Sholi algorithm start the Slow BUY.I'm sure many LUNA holders are shocked. Don't be afraid. Look at what happened last time. Now look at our time. Seem to be? Highly! If you bought on the spot, hold until the win. Spot is not sold in the red. My algorithm works for futures and spot. On the spot, he began to buy in the "slow buy" format. It means that it sees more than frightened market participants. Good luck! Trade with algorithms, it's already 2022!
Long
by sholi_software
4