Terra primer: algorithmic stablecoins and DeFi on a PoS L1
Post38 words
Short description of Terra as a proof-of-stake layer 1 for issuing algorithmic stablecoins and building DeFi, naming Anchor (20% fixed yield) and Mirror (synthetic equities) as its main protocols.
Key claims
Anchor offered a 20% fixed yield
Mirror issues synthetic equities
@terra_money is a PoS layer 1 for issuing algorithmic stablecoins & creating DeFi infrastructure, making programmable money that is easier to spend & more attractive to hold reality!
Main protocols:
@anchor_protocol (20% fixed yield)
@mirror_protocol (synthetic equities)
$LUNA
What came next · since 30 Jul 2021
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