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The Anchor Protocol was a would be backed by its growth for Luna.
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| Do you buy bitcoin or bitcoin stock | What are Terra stablecoins? Chai is a payment rail of the Terra network that lets users and merchants send and receive UST. Chai uses the Terra blockchain to cut out the middlemen and offers lower transaction fees to merchants than mainstream payment processors and credit card companies. Algorithmic stablecoins are a relatively new way of pegging cryptocurrencies to any fiat currency. Crypto leaders Voyager and Celsius filed for bankruptcy. |
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Terra Luna Classic - Crypto Whales SENDING LUNC HigherThe original blockchain is now called Terra Classic (LUNC), and the original Luna token is called Luna Classic. The new Luna coin is called "Terra " by. It's simply a new name for the failed LUNA coins, which are being replaced by the new LUNA coins on the Terra blockchain. They were first airdropped to UST. In the same way ETH is the native cryptocurrency for Ethereum, LUNA powered the Terra blockchain, a would-be rival to Ethereum. Terraform Labs launched Terra .
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