$10M profit from Terra Luna dream and Luna’s MUST WATCH VIDEO (Patreon)

Terra: Could LUNA Really Go to The MOON?? 🌑

🔥 TOP Crypto TIPS In My Newsletter 👉 https://guy.coinbureau.com/signup/ 👕 "Bitcoin Evolution" Hoody 👉 https://store.coinbureau.com 🛒 20% Binance Discount 👉 https://guy.coinbureau.com/binance/ 📲 Insider Info in my Socials 👉 https://guy.coinbureau.com/socials/ ~~~~~ 📺Essential Videos📺 Tokenomics Explained 👉 https://youtu.be/ftCaqG7wckg Crypto Alternatives To Robinhood 👉 https://youtu.be/3YHe9-mN2Hs Binance CeDefi / Binance Smart Chain Explained 👉 https://youtu.be/VOM0QmIGSJI ~~~~~ - TIMESTAMPS - 0:00 Intro 2:12 What is Terra? 4:40 How Does Terra Work? 7:20 LUNA Tokenomics 9:24 LUNA Staking & Price Analysis 10:47 Mirror Protocol 13:26 Anchor Protocol 14:37 Alice Finance 16:38 Conclusion ~~~~~ ⛓️ 🔗 Useful Links 🔗 ⛓️ ► Terra & LUNA Explained In Depth: https://www.coinbureau.com/review/terra-luna/ ► Mirror Protocol Guide: https://medium.com/mirror-protocol/mirror-user-guide-fb1cc4a28258 ► Terra Station Wallet Browser Extension: https://chrome.google.com/webstore/detail/terra-station/aiifbnbfobpmeekipheeijimdpnlpgpp?hl=en ► Anchor Protocol Announcement & Details: https://medium.com/terra-money/introducing-anchor-25d782cbb509 ► Alice Finance Twitter: https://twitter.com/alice_finance ~~~~~ 🌏What is Terra?🌏 Terra allows for the creation of stablecoins pegged to various fiat currencies. Terra is intended to be the back end of the various apps and products being built by Terraform Labs and the Terra Alliance. Terra’s KRT stablecoin (Korean Won) is used by more than a dozen applications to settle payments, including Chai which boasts over 2 million users, and is technically the most used dApp in crypto. 🛠How Does Terra Work?🛠 To mint a Terra stablecoin like UST, you need to burn the equivalent dollar amount of Terra’s native coin, LUNA. UST can also be burned to redeem an equivalent dollar amount of LUNA. This creates clever financial incentive that ensures Terra stablecoins always maintain their fiat peg. A small portion of LUNA used to mint UST is allocated to a community treasury to fund new projects. 💸LUNA Tokenomics💸 Terra held a series of private sales for the LUNA coin in early 2019 and there was no public ICO. This list of private sale investors included Binance, Huobi, Okex, and about half a dozen venture capital firms. Only 4% of LUNA’s initial supply was available to folks like you and me when it started trading. The rest went to team and private investors. It is unclear how many LUNA coins were sold to private investors. LUNA has a dynamic supply cap of 1 billion, and coins are automatically minted or burned to stay as close to that number as possible. 📊LUNA Staking & Price Analysis📊 Since LUNA is not inflationary, validators and delegators earn various network fees instead. Given the low fees of the Terra blockchain, LUNA staking is not very lucrative, and yields a whopping 1.5% annual return. Parabolic is the perfect word to describe LUNA’s price action since the start of 2021.It has pulled more than a 10x move since January and continues to rally. This seems to be due to the insane demand for UST, which drove up its price above its 1 dollar peg multiple times in late January and early February. Millions of LUNA have been burned as a result. 💱Mirror Protocol💱 The Mirror Protocol was built by Terraform Labs and exists on the Terra blockchain. Mirror Protocol makes it possible to mint tokens that mirror the prices of stocks and other assets. This lets anyone with an internet connection get exposure to the price action of stocks like Amazon, Tesla, and even Gamestop. These synthetic tokens are called “mAssets” and minting them requires depositing Terra’s UST stablecoin as collateral. mAssets exist on other blockchains as well, notably the Binance Smart Chain. ⚓Anchor Protocol⚓ In June 2020, Terra announced it had partnered with Cosmos, Solana, and the Web3 Foundation which develops Polkadot and Kusama to create a protocol called Anchor. Anchor will provide stable interest rates on deposited cryptocurrency by staking them on various proof of stake blockchains behind the scenes. 👧Alice Finance👧 Alice Finance is a mysterious crypto app that has yet to be officially announced. It appears to mix Terra’s payments network, synthetic assets (via Mirror Protocol) and Anchor savings protocol into a single, user friendly product. Other large cryptocurrency projects such as Aave appear to be involved as well. ~~~~~ 📜 Disclaimer 📜 The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome. #Terra #Luna #crypto #stablecoins #Mirror #BSC