Terra (LUNA) + Terra Stablecoins #282
trymeouteh
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About lack of a decentralised stablecoin: on eth and bnb chains there is a DAI stablecoin which seems to be an algorithmical one, not backed up by tether's reserves. Also there is a separate support for xrg, a stablecoin based on bch which also is stable because of the algorithm About Terra-heard about it once, will reply after I check more |
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Terra is not a good option anymore due to the May Terra crash. |
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Please consider supporting LUNA and Terra stablecoins.
Terra is a popular chain for stablecoins and unlike Tether, the is no trust in the backing of each coin.
EDIT: Terra is not a good option anymore due to the May Terra crash.
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