What is Terra?
Terra is a Layer-1 blockchain for “programmable money”.
Terra offers an ecosystem of Defi applications and algorithmic stablecoins that track major currencies. Unlike collateral-backed stablecoins like USDT or DAI, algorithmic stablecoins achieve their price stability through a set of programmed rules. Terra’s stablecoins are known as TerraUSD ($UST), TerraKRW, and so on.
LUNA is Terra’s native token is used for governance, staking to earn a yield, and absorbing the volatility of Terra’s stablecoins. Most importantly, users ming new stablecoins by burning LUNA.
Terra vs Stoic
It's almost impossible to predict which cryptocurrency will eventually emerge as the leader.
There is no guarantee that In 5 years, LUNA would still even exist. Another faster and cheaper blockchain might capture the majority of developers, users, and capital. Or some critical failure of LUNA might derail its progress.
Because the probability of guessing the winner is low, it's better to use a portfolio approach and buy all possible contenders, including LUNA.
Stoic builds a portfolio by using hedge fund-grade quantitative research and AI to build a portfolio of crypto assets.
The algorithm analyzes price data, returns, volatility, correlations, and other factors to identify coins that are likely to go up. It then rebalances the portfolio daily to cut losses early and take profits regularly. Stoic is a great alternative to researching coins and trading manually.
Over 12,000 people already use Stoic to automate their crypto investing.