Posts

avatar of @anarchistpreneur
25
@anarchistpreneur
·
·
0 views
·
1 min read

Great article. Yes, the beauty of the Terra ecosystem is that the increased use of the UST stablecoin actually directly helps the price of LUNA, by making LUNA drastically more scarce, LUNA has had a deflationary trend for a while now, I mean look at that incredible reduction in the LUNA supply chart!

The nocoiners who want nothing to do with speculating can use the Terra side and use any number of the ecosystem's stablecoins, and the more they use their stablecoins, the more LUNA gets two benefits: reduced supply + greater staking rewards!

Everybody wins. LUNA and Haven Protocol (they use the same mint & burn system with a few small changes + with the added benefit of Monero privacy tech) are the FUTURE!

Posted Using LeoFinance Beta