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1. Setup ethereum wallet install#
2. Setup ethereum wallet android#
3. Setup ethereum wallet download#
4. Setup ethereum wallet mac#

Moreover you can connect your mobile wallet to any Terra web 3.0 dApp easily.ĭepending on your needs setup the wallet to the platform you desire. Also similar to Desktop it has the option to stake Luna and swap tokens from within the wallet. With this wallet you can send, receive and manage Luna / Terra stablecoins.

Setup ethereum wallet android#

Its a browser based wallet similar to Metamask that allows you to send, receive tokens and connect to a dApp.įor on-the-go transactions you can use the Mobile wallet which is available for both Android and IOS. To connect and use the dApps available on the Terra ecosystem add the Terra Station browser extension to your Chrome or Brave browser. However you cannot use it to connect to web 3 DApps. Additionally this wallet allows you to execute smart contracts and store NFT’s. You can swap coins from within the wallet, you can stake Luna and vote on governance proposals. It allows you to send, receive, manage Luna and Terra assets.

Setup ethereum wallet install#

If you are more of a PC person then you can install Terra station desktop to your computer. You can also access the web wallet using this link: Ĭlick connect at the top and it will present you with the options.

Setup ethereum wallet download#

You can find all these wallet download links at their official website: ĭrop down Learn menu and you’ll find the download links.

Setup ethereum wallet mac#

(Includes binaries for Windows, Mac and Linux)Īlways use the official links for wallet downloads. Terra station is also available as a browser extension for Chrome and Brave browsers (similar to metamask). Mobile Terra wallet is available for both Android and IOS and The desktop wallet is available for Windows, Mac as well as Linux. Terra Station – The official Terra wallet is available in many forms and they are all cross compatible. It explains what are Terra stablecoins, how Terra stablecoins are used and what is the LUNA token.Īlright! Now that we know enough about Terra and Luna let’s setup Terra station and connect to the Terra ecosystem.

To know more about Terra / Luna and to learn how Terra money protocol works check out their official docs page: The Terra ecosystem is a rapidly growing network with decentralized applications and a multitude of fiat pegged stablecoins. Since burning is involved the more demand for Terra stablecoins = more value for LUNA – The reserve asset of Terra. It basically absorbs the price volatility of Terra stablecoins. Burning LUNA helps stabilize the Terra stablecoin ecosystem.Holders of LUNA can use $LUNA to submit and vote on governance proposals.Luna stake holders can earn staking rewards in transaction fees by recording and verifying transactions on the Terra blockchain.$LUNA is the native crypto asset and is essentially the backbone of the entire Terra network which is an open-source stablecoin network controlled by its stakeholders. It also offers fast and affordable payment settlements. It aims to replace the traditional payment value chains such as banks, payment gateways and credit card networks by providing payment solutions for both merchants and consumers. Terra blockchain protocol uses fiat-pegged stablecoins (each pegged to a countries currency) to power price-stable global payments system. Here is a quick overview of both the stablecoin and the LUNA token.

The Terra protocol consists of two main elements, Terra stablecoins and $Luna. These decentralized validators secure the Terra network by settling transactions in exchange for rewards in LUNA. To participate in the network consensus you can either become a validator or delegate your stake to any of the active validators. Users with the most LUNA tokens can choose to secure the network. Terra is built on the Cosmos SDK and Tendermint Consensus that uses a delegated Proof-of-Stake mechanism to secure its network. Other than deploying a suite of algorithmic decentralized stablecoins it is also a leading cross-chain protocol in the industry featuring: vibrant smart contracts platform and a thriving cross-chain DeFi environment that is designed to bring DeFi to the masses. It hosts a multitude of algorithmic stablecoins on its network with $UST being the industry leading stablecoin. The Terra protocol is a decentralized and an open source public blockchain for algorithmic stable coins. Terra Money – Programmable Money For The Internet