Stablecoin Information
Terra is a digital currency. The supply of Terra is adjusted in response to changes in demand to keep its price stable. This is achieved using Luna, the mining token whose stable rewards are designed to absorb volatility from changing economic cycles.
Category:algorithmic
Minting and Redemption
Using Terra Station, $1 worth of LUNA can be burned to mint 1 UST, and vice-versa.
Audits:No