LUNA 150$ Waiting room

Get in here lunachads

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best places to stake/farm?

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Going all in at $90 ;)

terra station.

cheers. APY is pretty woeful compared to alot of defi. what is the appeal of this token? why is it pumping?

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Do at least a bare minimum google searching ffs

Prism. Or arbitrage bLUNA/LUNA through anchor but you have to wait the 21 day lock up period.

I have. I can see the amount staked. I see the popularity of the product but I don't see its advantage over other tokens.

terra station is alright but I was wondering if there is a wider ecosystem for this? Is there something I am missing because just fucking why?

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Cheers.

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The primary purpose of Terra is pure algorithmic decentralized stablecoins, UST being the largest. And I mean truly decentralized, unlike USDC USDT PAX DAI etc. It's fulfilling the original vision of bitcoin as fast, cheap peer to peer electronic cash. Already lots of useful financial instruments built on top of it with a ton more coming.

Anyways, LUNA is the native Terra token that maintains the stablecoins peg through arbitrage mechanisms. So more demand for any Terra stablecoins puts deflationary pressure on LUNA and drives the price higher.

Do Kwon will surpass Vitalik. You heard it here first gents.

>he thinks it actually stands a chance
Kek newfags have raided this board

>$150
no.
strong resistance at $100 and it won't break above it unless bitcoin rallies up

you're missing the ust built in moon mission

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I keep waiting for a dip to buy but it just keeps mooning

What the fuck

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>Surpasses Ethereum 2.0 in staking value
ETH is a mess anyway
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I sold my LUNA too early but have bought some Astroport to enjoy the ride with the rest of you

>pure algorithmic decentralized stablecoins
how will they achieve this goal?

My old man rang me yesterday and told me to put his entire portfolio on LUNA after the 30% pump.

Staking on a protocol with a liquidity solution like staFi sounds better to me Ankr and Lido are also a good option but you don't want to campare their APY.

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Bought at 100 and at 54, should I dump now?

unironically, not a bad time to take profits

So decentralized it's controlled by 1 chink