Why Use Crypto?
First and foremost, one of the biggest selling points of crypto is that it is censorship resistant. This essentially allows transactional freedom as transactions can be made independently and don’t rely on any third party. Secondly, it makes cross-border transactions and payments hassle-free. Because cryptocurrencies are decentralised in nature, users can send cryptocurrencies to another […]
How to off-ramp your crypto
If you have made some profits on your crypto investments and would like to “cash out”, you might be wondering which is the best way to do so to incur the least transaction fees. Here are a few ways that you can off-ramp your crypto to fiat money. Spending Your Crypto This might sound counter […]
Top Protocols on the Terra Ecosystem
In an ecosystem where projects build on top of one another or introduce collaboration, it significantly expands the potential and use cases for UST. Besides Anchor Protocol mentioned in the previous lesson, here are some of the more popular protocols in the Terra ecosystem. Terraswap Terraswap is a Uniswap-inspired automated market-maker (AMM) protocol implemented with […]
Terra Ecosystem Quiz
Ready to test your newfound crypto knowledge? First 6000 submissions with 100% correct answers on the quiz will earn $5 UST in reward tokens. Get started below! Update: Due to the Terra chain outage, we will be disabling the quiz until further notice.
Basic Investment Strategies Quiz
Ready to test your newfound crypto knowledge? Start earning $5 worth of USDC in reward tokens. Be the first 1000 submissions with 100% correct answers on the quiz. Start Quizzing!
Fundamentals of Cryptocurrency Quiz
Ready to test your newfound crypto knowledge? First 2000 submissions with 100% correct answers on the quiz will earn $5 worth of BTC in reward tokens, courtesy of Chain Debrief. Current:200+ rewards redeemed Let’s start quizzing!
Powering Real Life Applications
Terra is powered by Tendermint BFT consensus, using a dPos-Like scheme driven by a set of 130 top validators. This efficient consensus model enables batches of transactions to occur in only 6 seconds (a fraction compared to the time it takes for Bitcoin and Ethereum). This lesson gives a brief overview of two use cases […]
How to Get Started with Terra Station
Terra Station is the official wallet for holding Terra assets and interacting with the Terra blockchain. This lesson will walk you through how to create a Terra station wallet and how to perform a swap on Terra Station. This guide will show you how to create a Terra Station wallet on your mobile phone; please […]
Anchor Protocol
What is Anchor protocol? Anchor Protocol can be said to be the bedrock of the Terra ecosystem. Launched in March 2021, it made waves in the crypto scene as it offered a staggering 19.5% interest yield for stablecoin deposits. To put it simply, it is both a savings protocol that offers low-volatile yields on UST […]
Introduction to Terra
What is Terra? Terraform Labs (TFL) was founded by Do Kwon and Daniel Shin in January 2018. This company is the one behind Terra which is a blockchain powered by Proof-of-Stake (PoS) concept. Blockchains normally seek to do better in two main areas: cheaper fees and faster transactions. This is evident from Polygon, an L2 […]
Lending Your Crypto Via Centralized Exchanges
One of the easiest ways to start earning interest on your cryptocurrency is through lending. There are quite a few popular platforms that facilitate lending, and one of them is Hodlnaut. About Hodlnaut Hodlnaut is a Singapore-based cryptocurrency borrowing and lending platform that allows users to earn interest of up to 12.73% on their cryptocurrencies […]
Yield Farming and Liquidity Pools
What is yield farming? The traditional way to farm yield is through providing liquidity into a protocol. It is essentially committing a cryptocurrency pair into a liquidity pool in exchange for yield. Liquidity providers are then able to earn a percentage of the pool reward based on the amount they contributed to the pool. Liquidity […]
