What Is Terra (LUNA)?
Terra is a blockchain protocol that uses fiat-pegged stablecoins to power price-stable global payments systems. According to its white paper, Terra combines the price stability and wide adoption of fiat currencies with the censorship-resistance of Bitcoin (BTC) and offers fast and affordable settlements.
Development on Terra began in January 2018, and its mainnet officially launched in April 2019. As of September 2021, it offers stablecoins pegged to the U.S. dollar, South Korean won, Mongolian tugrik and the International Monetary Fund's Special Drawing Rights basket of currencies — and it intends to roll out additional options.
Terra's native token, LUNA, is used to stabilize the price of the protocol's stablecoins. LUNA holders are also able to submit and vote on governance proposals, giving it the functionality of a governance token.
Who Are the Founders of Terra?
Terra was founded in January 2018 by Daniel Shin and Do Kwon. The two conceived of the project as a way to drive the rapid adoption of blockchain technology and cryptocurrency through a focus on price stability and usability. Kwon took on the position of CEO of Terraform Labs, the company behind Terra.
Prior to developing Terra, Shin co-founded and headed Ticket Monster, otherwise known as TMON — a major South Korean e-commerce platform. He later co-founded Fast Track Asia, a startup incubator working with entrepreneurs to build fully functional companies.
Kwon previously founded and served as CEO of Anyfi, a startup providing decentralized wireless mesh networking solutions. He has also worked as a software engineer for Microsoft and Apple.
What Makes Terra Unique?
Terra seeks to set itself apart through its use of fiat-pegged stablecoins, stating that it combines the borderless benefits of cryptocurrencies with the day-to-day price stability of fiat currencies. It keeps its one-to-one peg through an algorithm that automatically adjusts stablecoin supply based on its demand. It does so by incentivizing LUNA holders to swap LUNA and stablecoins at profitable exchange rates, as needed, to either expand or contract the stablecoin supply to match demand.
Terra has established a number of partnerships with payments platforms, particularly in the Asia-Pacific region. In July 2019, Terra announced a partnership with Chai, a South Korea-based mobile payments application, in which purchases made using the application on e-commerce platforms are processed via the Terra blockchain network. Each transaction is subject to (on average) a 2%–3% fee charged to the merchant.
In addition, Terra is supported by the Terra Alliance, a group of businesses and platforms advocating for the adoption of Terra. In February 2019, the company announced that e-commerce platforms from 10 different countries, representing a user base of 45 million and a gross merchandise value of $25 billion, were members of the alliance.
BADGER Price Live Data
The live Badger DAO price today is $17,20 USD with a 24-hour trading volume of $33 635 506 USD. We update our BADGER to USD price in real-time. Badger DAO is down 0,92% in the last 24 hours. The current CoinMarketCap ranking is #196, with a live market cap of $215 629 188 USD. It has a circulating supply of 12 537 880 BADGER coins and a max. supply of 21 000 000 BADGER coins.
If you would like to know where to buy Badger DAO, the top cryptocurrency exchanges for trading in Badger DAO stock are currently Binance, OKX, Mandala Exchange, FTX, and Huobi Global. You can find others listed on our crypto exchanges page.
What Is Badger DAO (BADGER)?
Badger DAO is an open-source, decentralized automated organization that is dedicated to building products and infrastructure of simplifying the use of Bitcoin (BTC) as collateral across many smart contract platforms.
The platform is a shared space where the developers, known as Badge Builders, have the ability to collaborate and implement Bitcoin as collateral to as many blockchains as possible. A developer can earn a percentage of the fees and BADGER tokens from the developer mining pool for every implementation. The mainnet was launched on December 3, 2020.
A builder can be a single developer, a group of developers, or even a company. There are no fixed obligations to participation requirements, and anyone can create. The pillars of Badger DAO include the Badger Builders, the community-created products, the Dedicated Badger Operations team, the fairly initial distribution of the BADGER tokens for governance and the fact that all of the code is open-sourced.
Who Are the Founders of Badger DAO?
The founder of Badger DAO is Chris Spadafora. He is a long-term crypto enthusiast, investor, and partner at Angelrock
Moonriver is a community-led cousin parachain on Kusama and will provide a permanently incentivized canary network for Moonbeam.
MOVR Price Live Data
The live Moonriver price today is $129,90 USD with a 24-hour trading volume of $20 145 669 USD. We update our MOVR to USD price in real-time. Moonriver is down ,78% in the last 24 hours. The current CoinMarketCap ranking is #152, with a live market cap of $365 957 046 USD. It has a circulating supply of 2 817 309 MOVR coins and a max. supply of 10 000 000 MOVR coins.
If you would like to know where to buy Moonriver, the top cryptocurrency exchanges for trading in Moonriver stock are currently Binance, OKX, Bitget, Mandala Exchange, and KuCoin. You can find others listed on our crypto exchanges page.
To find out even more about this project, check out our deep dive of Moonriver.
What Is Moonriver (MOVR)?
Moonriver is an Ethereum-compatible, smart-contract parachain on Kusama. It is intended to be a companion network to Moonbeam, where it will provide a permanently incentivized canary network. New code will ship to Moonriver first, where it can be tested and verified under real economic conditions. Once proven, the same code will ship to Moonbeam on Polkadot.
It does this by providing a full EVM implementation, a Web3-compatible API, and bridges that connect Moonriver to existing Ethereum networks.
This allows developers to deploy existing Solidity smart contracts and DApp frontends to Moonriver with minimal changes.
What is MOVR?
As a decentralized smart contract platform, Moonriver requires a utility token to function. MOVR is central to the design of Moonriver and cannot be removed without sacrificing essential functionality. The Moonriver token uses include:
Supporting the gas metering of smart contract execution
Incentivizing collators and powering the mechanics around the creation of a decentralized node infrastructure on which the platform can run
Facilitating the on-chain governance mechanism, including proposing referenda, electing council members, voting, etc.
Paying for network transaction fees
Moonriver tools and integrations include:
Ethereum developer tools such as Metamask, Remix IDE, web3.js, Ethers.js, Truffle and other toolkits such as Polkadot.js apps
Oracle integrations such as Chainlink, Band Protocol, Razor, and DIA Protocol
API & Infrastructure integrations: Onfinality, Covalent
Wallets: Mathwallet, Polkadot.js, Metamask, AirGap
Partnerships with other Polkadot chains: Acala, Polkadot’s relay chain, Equilibrium, Kilt, Phala, Crust
Bridges: Chainbridge, Ren, Interlay, Snowfork, Axelar
Block explorers - Subscan, Polkadot.js, Blockscout*
DeFi Protocols: Balancer, SushiSwap, Offshift, IDEX, Linear Finance, Injective Protocol
Assets & Issuance Partners: Ocean Protocol, AllianceBlock, AMPnet, Poolz, Polkastarter and Kilt
DApps: Human Protocol, Polkacover, BePro
Chromia is a blockchain platform, making it easy for people to build decentralized apps in the real world, for a better world.
What is Chromia?
Chromia is an open source public blockchain conceived of by Swedish company Chromaway AB. The Chroma token (CHR) was launched in May of 2019. The technology behind the Chromia blockchain is adapted from an earlier technology called ‘Postchain’, a solution provided by Chromaway AB for enterprise clients.
How does Chromia work?
Chromia is a standalone Layer-1 blockchain and EVM compatible Layer-2 enhancement for Binance Smart Chain and Ethereum. It is designed to enhance existing dApps and allow for the creation of next-generation dApps by providing scalability, improved data handling, and customizable fee structures.
The blockchain uses a unique architecture called relational blockchain, as well as a custom programming language called Rell. Rell is designed to code and function very similarly to SQL, allowing developers to leverage the security and immutability of blockchain while storing and handling data with the efficiency of a relational database.
Each dApp running on Chromia operates on its own sidechain which is rooted in the main blockchain. This allows each application to scale more efficiently and gives each application developer the freedom to choose from a variety of fee structures. For example, one application may require users to pay transaction fees in CHR (similar to how Ethereum or Bitcoin work), while another application could stake enough CHR to reserve computational power and allow their users to make unlimited transactions without paying any fees at all.
What applications have been built on Chromia?
Chromia already has a wide variety of applications building upon their blockchain, using their chain as a decentralized storage layer, and using their Layer-2 enhancements. These applications range from DeFi options trading platform Hedget, to open world farming game My Neighbor Alice, to government land registry initiative LAC PropertyChain.
One of the latest features in development is a new NFT standard called Chromia Originals, which will operate both as a native standard on Chromia’s chain as well as an enhancement layer for existing ERC-721 and BEP-721 tokens. Work on these Layer-2 enhancements are being developed in cooperation with My Neighbor Alice.
Who is behind Chromia?
Chromia’s core team consists of industry veterans Or Perelman, Henrik Hjelte and Alex Mizrahi. All three have deep roots in the crypto space, going back to the early days of Bitcoin and Ethereum. For example, Alex published several early academic papers on Proof of Stake consensus and was also one of the key figures behind Colored Coins, one of the first projects to develop the idea of ‘tokens’ that would later be brought to prominence by Ethereum.
In summary, Chromia is a Layer-1 and Layer-2 blockchain solution under active development, with the goal of delivering enhanced features and data handling and storage capabilities to decentralized applications.
Decentralised liquidity protocol
THORChain aims to decentralize cryptocurrency liquidity via a network of public THORNodes and ecosystem products. Access to its native and cross-chain liquidity is open to any person, product or institution.
Mission THORChain
THORChain aims to decentralize cryptocurrency liquidity via a network of public THORNodes and ecosystem products. Access to its native and cross-chain liquidity is open to any person, product or institution.
Token
Aiming for Deterministic Value
If over 80% of circulating RUNE gets locked into THORChain liquidity pools, by economic design RUNE’s market cap should be a minimum 3X the value of all non-RUNE assets locked into THORChain liquidity pools (BTC, ETH, BNB, BCH, LTC).
The more RUNE holders provide liquidity with their RUNE, the more accurate deterministic RUNE becomes. Assuming 80% of circulating RUNE is locked into THORChain, you can simulate various outcomes for RUNE’s price based on the the future Total Value Locked (TVL) in THORChain, and asset prices on that day.
56% of RUNE is locked in THORChain liquidity pools today.