How does Terra work?

To achieve that, Terra deploys a system of stablecoins – cryptocurrencies whose value is pegged to different assets such as commodities or fiat currencies. UST is by far the most popular among them and tracks the price of US dollars whereby one UST token hovers closely around the $1 mark.

What is Terra/Luna?

youtu.be/ciU7XJ... Terra/Luna is a crypto-based and decentralized financial payment network. The goal of this community is to gather ideas, questions and news regarding projects on the Terra/Luna ecosystem and use them to build free resources to help users find what they need to navigate through the projects.

How much Aust will I receive in my Terra station wallet?

The amount of aUST that you receive in your Terra Station wallet depends on the current exchange rate when you made the deposit. Over time, the exchange rate between aUST and UST will continue to increase, based on the prevailing interest rate issued by the Anchor Protocol.

What is the Terra ecosystem?

The Terra ecosystem contains some natively built projects. These include non-fungible token (NFT) collections, decentralized finance (DeFi) platforms and Web3 applications.