Terra
Terra is a multi-stablecoin payment network with a price-stable algorithm that balances the money supply, powered by Cosmos.
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FAQ
What are the supported wallets for Terra?
Keplr wallet, Leap wallet and Terra station.
Is there a fee?
We charge a 5% commission fees for running staking infrastructure. The APY shown on the dashboard is the yield before deducting commissions. As LUNA staking is native to Terra, do ensure that you have sufficient LUNA in your wallet to pay for transaction gas fees.
What is the unbonding period?
There is a 21 days unbonding period when you unstake LUNA. You will not earn any rewards and be susceptible to slashing during the unbonding period.
How do I restake?
You have to manually withdraw rewards and stake again to compound returns.
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