Terra: Why LUNA Could Moon on UST Demand!! (Ep 241)
Coin Bureau
00:00
Terror, Luna and Us
Terror was founded in early 20 18 by business ondripte daniel shinn and computer scientists do kuan. Terror is an echo system of decentralized stable coin tokens, which are collateralized by the lunar coin. To mint us t, or any other terrar stable coin, an equivalent amount of luna must be burned. Every time luna is burned to mint us t,. a small fee is taken and put into a community treasury to fund new terror projects and protocols. This in genious system is made possible by terrar's proof of stake block chain, which was built using the cosmos s dk.
Play episode from 02:12
Transcript
