TerraClassicUSD

TerraClassicUSD is the decentralized and algorithmic stablecoin of the Terra blockchain.

Overview Structured Data Issues Contributors

All edits by Надежда Гордиенко

Edits on 31 Mar, 2022

"article added"

Надежда Гордиенко

edited on 31 Mar, 2022

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TerraClassicUSD

TerraClassicUSD is the decentralized and algorithmic stablecoin of the Terra blockchain.

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Company

CEO

Location

Products/Services

Terra

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Unearthing the Biggest Algorithmic Stablecoin: UST b...

Benjamin Hor

https://www.coingecko.com/buzz/unearthing-the-biggest-algorithmic-stablecoin-ust-by-terra

Web

June 10, 2021

"industry added"

Надежда Гордиенко

edited on 31 Mar, 2022

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Infobox (+1 properties)

Infobox

Industry

Stablecoin

"categories added"

Надежда Гордиенко

edited on 31 Mar, 2022

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Categories (+3 topics)

"article added"

Надежда Гордиенко

edited on 31 Mar, 2022

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Table (+1 rows) (+5 cells) (+174 characters)

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Author

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Announcing TerraUSD (UST)-- the Interchain Stablecoin

Do Kwon

https://medium.com/terra-money/announcing-terrausd-ust-the-interchain-stablecoin-53eab0f8f0ac

Web

September 21, 2020

"description added"

Надежда Гордиенко

edited on 31 Mar, 2022

Edits made to:

Article (+340 characters)

Article

TerraUSD is an algorithmic stablecoin, where the cost of minting is equal to the face value of the stablecoins minted — in order to mint 1 TerraUSD, only $1 worth of the reserve asset ($LUNA) must be burned. TerraUSD monetary policy is infinitely scalable — helping DeFi apps and protocols achieve their full potential without restrictions.

"description added"

Надежда Гордиенко

edited on 31 Mar, 2022

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Description (+93 characters)