Home Altcoins News Terra (LUNA) PoS Networks Revolutionizing Across DeFi NFTs and Beyond

Terra (LUNA) PoS Networks Revolutionizing Across DeFi NFTs and Beyond

Terra Luna Networks

Luna is the native token in the Terra Network and it has been raising in ranking.  Terra are working with a vision progressively looking forward to what the future holds, while inviting the crypto community to join in building on the Terra blockchain, thus making savings, payments, and investing very simple and more accessible.

Terra expressed that LUNA has crossed the $4B threshold and that it is well on its way to $5B.

Reportedly, “Terra Protocol was founded on the belief that mass adoption of cryptocurrencies would need to come from a network featuring an elastic money policy.”

Some users feel that it is very important to get that $LUNA price can moon but it’s actual valuation can remain cheap and undervalued for a long, long time.

Nicholas Platias, Head of Research, Terra at the Proof of Stake:  The New Paradigm, a virtual conference was hosted by Audit.one and Persistence will be useful for those who are looking to learn how Terra’s stablecoins are loved by millions of users and merchants as they provide instant settlements, low fees and seamless cross-border exchange.

This is indeed a great one, because some of the greatest minds in the industry have come together to provide further insights about the emerging PoS ecosystem to further discuss innovations which shape the future of the blockchain space.

Representatives from Layer 1 and Layer 2 PoS networks provided a series of illuminating keynotes and panel discussions to explore the PoS universe.

Noteworthy that the PoS ecosystem is growing rapidly and the adoption of PoS networks have been snowballing across the globe. New PoS networks are opening up new opportunities for applications across various niches including DeFi, NFTs and beyond.

PoS ecosystem has a bright future according to those who are in the forefront of the PoS revolution.

Early this month, The Lido DAO were exploring the possibility of launching liquid staking on Terra.

Lido Validators subgovernance Group invited node operators who were interested in being whitelisted for the first version of liquid staking on Terra to apply by March 07, 2021.  And, about 10 to 20 operators are getting selected and are becoming operational on Terra to start operations from March 10, 2021.

For those who missed the participation, this is not going to be the last chance as there will be more chances in the future. Also, Lido is expected to stake different stuffs in the future.

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Maheen Hernandez

A finance graduate, Maheen Hernandez has been drawn to cryptocurrencies ever since Bitcoin first emerged in 2009. Nearly a decade later, Maheen is actively working to spread awareness about cryptocurrencies as well as their impact on the traditional currencies. Appreciate the work? Send a tip to: 0x75395Ea9a42d2742E8d0C798068DeF3590C5Faa5

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