Terra

APR 7.80%

mainnet

Fees 10.00 %

Public key(s)

terravaloper1nwrksgv2vuadma8ygs8rhwffu2ygk4j24w2mku

Explorers

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Market Cap$1,622,680,493Price$0

RewardsEvery block (around 6 seconds)

APR7.80%

Lock-up period21 days

CompoundingManual, delegator needs to claim and restake

Slashing risk• Downtime slashing: 0.01% - when validator does not vote on at least 500 out of 10,000 latest blocks (around 15 hours of prolonged downtime) • Oracle slashing: 0.01% - validator must vote and provide valid price feed for stablecoins via oracle on at least 5% of weekly blocks (4,500 votes min, average of 90,000 blocks per week, about 6 days of downtime allowed) • Double signing slashing: 5% - happens in case of malicious behavior, when the validator signs twice the same block to earn double rewards

Learn about Terra (Terra)

Terra Money is one of the most disruptive approaches to decentralized finance. The project is led by Terraform Labs and backed by Tier 1 investors such as Galaxy and Coinbase. Built using Tendermint, it features a Cosmos SDK blockchain with an extensive range of algorithmic stablecoins, decentralized governance, and staking. LUNA is the native token of the Terra blockchain; it can be staked with validators such as Stakin. LUNA accrues value based on the traction of the overall Terra ecosystem, including stablecoin transactions and issuance through seigniorage. When new stablecoins are issued, a portion of LUNA is burnt and the rest added to the community pool. Among the algorithmic stablecoins powered by Terra is the Terra US Dollar, or UST, which is pegged to the US dollar. UST is a stablecoin designed to reduce the volatility associated with cryptocurrencies. As with other stablecoins issued on the Terra blockchain, Luna plays a vital role in the collateralization of the assets and in ensuring the price stability of the stablecoins. The Terra stablecoin range extends far beyond the US dollar and keeps expanding to cover more fiat currencies. Furthermore, Terra Money now boasts a thriving ecosystem of Decentralized Finance (DeFi) applications, such as Mirror (Synthetics) or Anchor Protocol (Savings). Many protocols built on Terra Money reward LUNA stakers with airdrops in the form of newly minted tokens, which is yet another reason to stake LUNA. For more information about Terra Money, have a look at our blog: https://blog.stakin.com/tag/terra/

Why stake with us?

• Active Terra Money validator since April 2019, the first month of the network’s operation • In addition to maintaining a validator and oracle on Terra Money mainnet, Stakin provides validator and oracle services on all currently active Terra networks, including testnets (Bombay, Tequila, or others) • Stakin is part of the Foundation delegation program and is trusted by partners such as Lido Finance • The company has extensive experience providing services for Tendermint and Cosmos SDK-based blockchains. It implements best practices in network infrastructure on Terra Money as well as other Tendermint-based blockchains • By delegating to Stakin, you contribute to network decentralization by choosing a smaller validator • We offer dedicated support for all your staking, unstaking, and network-related questions

How to stake Terra (Terra)?

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Terra

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Further questions

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