Terra Is Now DeFis Network of Choice After Ethereum - BitcoinEthereumNews.com
Ethereumएथेरियम के बाद टेरा अब डेफी की पसंद का नेटवर्क है03 / 06 / 2022बिटकॉइन एथेरियम समाचारDeFi को डिक्रिप्ट करना डिक्रिप्ट का DeFi ईमेल न्यूज़लेटर है। (कला: ग्रांट केम्पस्टर) Terra, the fast-growing Defi tool kit built on व्यवस्थित, is now officially the second-largest ecosystem in decentralized finance. से खींचे गए आंकड़ों के अनुसार डेफी लामा, Terra currently boasts total value locked (TVL) of just over $23 billion, marking an all-time high in U.S. dollar terms. This is roughly twice as much as runers-up BNB Chain (formerly Binance Smart Chain) and Fantom. The king chain, Ethereum, still dominates 54% of the entire DeFi market, commanding $111 billion. Total TVL on Terra in USD. Source: डेफी लामा. But if we switch our chart over to TVL expressed in LUNA, the Terra network‘s native token used to pay transaction fees and vote on governance, the picture’s a bit different. Instead, the recent spike looks more like a minor blip compared to activity last summer. Total TVL on Terra in LUNA. Source: डेफी लामा. This indicates that alongside an uptick in actual activity (folks pouring crypto into the network to do fun DeFi things), the primary motor for the network has been the mooning price of LUNA. CoinGecko shows that LUNA has risen