Header banner
Revain logoHome Page

Reviews

Global ratings 22
  • 5
    5
  • 4
    11
  • 3
    4
  • 2
    0
  • 1
    2

Type of review

Revainrating 5 out of 5

Terra Project

Terra; It is a price-stable cryptocurrency that will strengthen the next generation payment network. The Terra platform aims to make traditional payment systems more useful with a single blockchain. Thanks to the Terra platform, users can benefit from lower transaction fees, instant payment convenience and various discounts. Terra's stablecoin networks are based on a token system that works with the Delegated Proof-of-Stake mechanism called Luna. In return for providing stability and

Pros
  • Price stability
  • Low transaction fees
  • Many advantages for users
Cons
  • None

Revainrating 4 out of 5

backed by a variety of stablecoins

Terra focused on achieving price stability and offering infinite scability is one of the objectives that it wishes to develop, so that its users are not affected by market volatility, where Terra solves these problems is the idea that a cryptocurrency with An elastic monetary policy would maintain a stable price, preserving all the resistance to censorship presented by the market, which also provides instant liquidity with low transaction costs.

Pros
  • Estimates low transaction costs and instant liquidity.
  • Backed by a family of stablecoins.
  • The platform supports Atomic Exchanges between Terra currencies at their market exchange rates.
  • Its working protocol is executed through Proof of Stake (PoS)
  • Establish two protocols for mining rewards.
Cons
  • Miners bear Terra's volatility costs in the short term.