Terra, the third public channel TVL, is supported by several DeFi heads in the ecosystem.

Terra is a distributed blockchain platform created in 2018 by Doo Kwon and Daniel Shin, co-founders of Terraform Labs.

Terra's main mission is to create a world-class and profitable technology platform.

Terra works on positive thinking (PoS) approvals. Terra can perform hundreds of transactions per second and it takes approximately 6 seconds to confirm the change. The average cost to make a trade is only a few cents.

The Terra ecosystem already includes 15 stable coins, including TerraUSD (UST), TerraKRW (KRT) and TerraMNT (MNT).

In terms of total block volume, Terra currently ranks third in each chain with a total block volume of $ 13.41 billion. Currently, the LUNA Platform Token costs $ 67.5.

Currently, the Terra ecosystem includes 69 dApps, including a wide range of applications such as trading, cross-linking, lending, NFT platforms, tools and wallets.

Next, we present the best dApps from the Terra channel.

Challenge

1 anchoring protocol

Anchor Protocol is a fully-fledged income generation tool that includes the use of a wide range of loans, currencies, ANC token incentives, and regulators.

There are four types of users in the Anchor ecosystem: depositors (borrowers), lenders, agents, and ANC service providers.

2 iav

Mirrors can create man-made materials called mAssets.

mAssets adheres to real asset value behavior, allowing international investors to disclose value without the burden of the owner or the real estate business.

3 pylon protocol

The Pylon protocol is a set of economical and payment products. It is based on stable revenue commitments (such as the Terra Anchor Contract) to provide support services to depositors.

Pylon facilitates long-term exchanges between suppliers and consumers through investment commitments and income trading.

Pylône aims to revitalize support for payers and borrowers, consumers and designers, sponsors and artists, investors and entrepreneurs. , etc. These contracts are stored on multiple independent platforms and are administered by the CEO of Pylon.

4 Station Terra

Terra Harbor is a wallet on the official website of the Terra Platform and supports operations such as send and receive, trading, contract mining and NFT trading. At the same time, Terra Station is also a platform for data analysis, visibility and management of the Terra chain.

5 changes

Exchange is an oracle that acts as a follower. Although the price is determined by the market, synthetic coins are exchangeable tokens. The exchange aims to provide exchange traded products (eg Ampleforth) as well as the production of synthetic materials and equipment (eg UMA), all managed by DAO.

· NFT and GameFi

1 terrarol

TerraRoll is a betting game and players can use UST to bet on their opponent's points. Compared to other platforms, TerraRoll has lower casino costs.

2 Start

StarTerra is Terra's premier social media gaming platform for sharing guaranteed prizes and sweepstakes. In order to provide IDO services for better gaming, players can take a little tour on the platform and join IDO.

3 Terra World

Terra World is a virtual office created as an NFT startup.

The success of the Metaverse Virtual Office has grown significantly due to the shift from traditional workflows to face-to-face workloads and advancements in digital communication.

4 Rotation

LoTerra is a smart game under Terra contract. Players earn bonuses by betting on random numbers. The platform accepts the DAO policy. In addition to lotteries, LoTerra also supports payday loans.

5 Treatment

Terrafirma is developing a distributed NFT housing project, allowing users to interact with buildings in a decentralized way from NFT.

Users interact with property management through a better understanding of NFT. NFT holders interact and manage their assets in a relationship. It introduces decentralization and simplifies the process for the end user. The project is not yet online.