@BOMBERuss 12 September 2021 more from that month

The Terra (Luna) DeFi platform has every chance to enter the top-10 cryptocurrency rating, according to analysts. The project, which combines the release of algorithmic stablecoins with profitable farming protocols, is waiting for the global update of Columbus-5, which will happen on September 29. The Terra hard fork will speed up transaction processing, as well as open up the possibility for developers to create bridges for communication with other blockchains. The Columbus-5 update was supposed to take place in early September, which ensured the growth of Luna to new historical highs of $45, at the beginning of the year the coin cost $0.66. The success of the project is associated with its model, which produces 4 stablecoins tied to the Korean won, dollar, euro and Mongolian tugrik. South Korea has the largest Mongolian diaspora in the world. Terra has become the most accessible money transfer network for the two countries. Now a number of corporations working with Mongolia are switching to this platform. Stablecoins are issued under the pledge of Luna, which in turn guarantees an accurate exchange of 1 to 1. This allows speculators to earn money on the market if the rate of linking stablecoins to national currencies is violated. #CryptoTrading