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Dan Morehead pointed to how cryptocurrency is the most asymmetric trade in a generation. It is disrupting the biggest markets on earth including gold, bonds, global payments, and money. And something like 90% of institutional investors have no exposure, yet.
Terra (Luna) allows the algorithmic stable coins to be built. It is growing in a very, very, rapid rate.
“Terra (LUNA) has a market cap of $31B with a 2021 performance of +15,805% Why a HOT token in 2022: Still very bullish on Terra. Strong Adoption, strong developer activity.”
Dan Morehead talking to CNBC expressed, “So, many people are just discovering and are just starting to trade it. It has a 31B right now as a market cap, so it still has plenty of room to grow.”
Do Kwon, Terra Co-founder expressed, “Korea Runs on Terra.” Further stated, “Blockchain companies are focusing on white papers and theories. And, whereas, traditional start-ups have been focused on things like delivering investor value, blockchain projects are focused on market making and trading volumes. Where traditional start ups are focused on user numbers and growth, blockchain projects are focused on other things like air drops etcetera.”
The strategies to get more LUNA include: Staking (simple, enhanced); Buying LUNA for cheap; LP farming; arbitrage; leverage; covered calls.
The APR / APY in these strategies fluctuates all the time, so you’ll have to monitor them to see what the current yields are. Some are passive, some are active, some require locking tokens for a little bit, others are more liquid.
Those who want to have a primer should have a terra station wallet set up with LUNA in your wallet.
Arbitrage strategies between LUNA / bLUNA / nLUNA and LunaX are commonly employed by investors.
In Binance Earn, LUNA staking for 10 days has highest APY with max limit of only 5 LUNA. Deposit your LUNA, and get up to 22% APY.
Community Reaction: LUNA is one of the most promising coins for the upcoming year, so many people are just discovering it.
LUNA is the primer for those unfamiliar. The stable coin is the largest addressable market, and LUNA is the only token that captures the full value of its meteoric rise.
Great for LUNA, terrible for current anchor depositors, awesome for future anchor borrowers.
Morehead is smart and forward-thinking; Still, one has to ask where were these guys back in May when Luna could be had for $5?
FOMO in 2022 is going to be very brutal.
Terra is so compelling. I love how their network is based on prepay and liquidity instead of consumer debt. Like CashApp in the States, but without the constraints of traditional finance. Brilliant in so many ways!
