Catch the Moon? The Terra Luna Ecosystem and Algorithmic Stablecoins

The Luna token is part of Terra ecosystem. A system designed from the ground up as an easy to use digital currency. The backing of the Luna token with various algorithmic stablecoins is proving to be a very potent combination. We explore how algorithmic stablecoins work in general. The benefits and drawbacks of the Terra ecosystem are covered as well.

News of the day and the market overview as always!

Links

https://news.bitcoin.com/new-york-judge-orders-terraform-labs-to-comply-with-secs-investigative-subpoenas

https://www.terra.money/Terra_White_paper.pdf

https://bridge.terra.money

https://mirrorprotocol.app

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I can be reached by email at mcintosh@genwealthcrypto.com and on twitter at @McIntoshFinTech. My mastodon handle is @mcintosh@podcastindex.social. Looking forward to hearing from you!

Website

https://genwealthcrypto.com

Music Credits

Protofunk by Kevin MacLeod

Link: https://incompetech.filmmusic.io/song/4247-protofunk

License: https://filmmusic.io/standard-license

The following music was used for this media project:

Music: Ethernight Club by Kevin MacLeod

Free download: https://filmmusic.io/song/7612-ethernight-club

License (CC BY 4.0): https://filmmusic.io/standard-license

Artist website: https://incompetech.com

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• Source: https://genwealthcrypto.com/episode-029/