LUNA Market Update May 2022
What is the Terra Project? The Terra project manages the LUNA token and the UST stablecoin. Theoretically, the UST stablecoin is pegged to a value of $1.00 USD by a mechanism that UST is always redeemable via a swap for $1.00 of the LUNA token. For example, if the LUNA token is trading at $50.00, […]
