After witnessing the meteoric rise 🚀 in Terra $Luna just this year alongside their $UST stablecoin, it quickly garnered interest amongst the members of @nansen_ai Alpha. Here is a sneak peek of the content Nansen Alpha members receive👀Non-financial advice! (1/13)
We have all seen DeFi’s meteoric growth in the past 2 years and it would appear right now that it is not only here to stay, but with many more years of success. (2/13)
However, median gas prices have also risen significantly in the past 2 years, resulting in a much-needed scalable and cross-chain compatible solution. Data from @nansen_ai (3/13)
Terra is well positioned as a layer 1 blockchain built using cosmos which supports cross-chain compatibility (Ethereum, Polygon, BSC & Solana). (4/13)
Terra’s $UST market capitalization has also been growing at an exponential rate, reaching almost US$2.5b, putting them in 5th on the stablecoin rankings. (5/13)
Real world-use cases such as e-commerce and payments bridges real world services and DeFi, which helps capture this underserved market. Picture from Terra Money Blog (6/13)
Moreover, its ever-expanding ecosystem with multiple protocols helps sustain its high demand for its stablecoins. This strong adoption that is stimulated by real world use cases as well as a robust and strategic ecosystem that helps increase the demand for $UST. (7/13)
As a holder of $LUNA, you are also open to high staking & airdrop rewards which further incentivizes long-term value accrual. (8/13)
Below is a table compiled to see the yield you will be getting from staking and airdrops if you stake your $LUNA on terra station as well as multiple yield opportunities on some protocols! (9/13)
Here is a great thread on how to utilize the mirror protocol! (10/13)
Moreover, there are many more protocols in the pipeline for Terra as well as potential airdrops! (11/13)
Some other interesting information on Terra 👀 (12/13)
Terra is a wonderful multi-chain ecosystem with many great use cases and protocols that cumulatively increases the demand for $UST and therefore bringing $LUNA to the moon #LUNAtics #Terra #DeFi #LUNA #Nansen (13/13)

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