The Terra ecosystem has been growing rapidly. Consumers fully control the Terra protocol and participate in its governance. Investors praise Terra as the best DeFi crypto asset to invest in 2022 for the possibility of staking digital cash reasonably. The highest price of almost $91 was reached in December 2021. They provide the lowest transaction fees, faultless exchange, and instant settlements. Shin established the Terra project at the beginning of 2018 with the main focus on improving the usability and stability of the price model. This blockchain platform leverages the open-source model. The Terra protocol uses smart contracts to combine the concept of stable coins with DeFi. Current market capitalization: Over $16.25 billion.
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