Hmmm...
Tell me everything I need to know about $LUNA.
I see they have farming. Whats the APY / Yield?
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1. Minting 1 TerraUSD requires buying and burning of $1 of Luna
2. Terra txn pays 0.58% tx fees to luna
3. Terra growth insane (600M in < 3 months) due to and
=Luna is a unique asset with ever diminishing supply and 100% propensity to dividend
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thank you for this explanation. Is LUNA supply ever increased for any reason? Or always declining in the future?
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Luna burns during Terra stablecoin expansions and prints during stablecoin contractions - so a bet on Luna is a bet on the growth of the Terra stablecoin ecosystem. It makes valuations super simple.