Token model in the Terra ecosystem
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Oct 18
There are two main types of tokens in the Terra ecosystem: the core governance token Luna, and the Terra series stable coins issued with Luna as the basic asset. Terra adopts a POS consensus mechanism, and its core is supported by Cosmos' Tendermint consensus, which generates a block in an average of 6 seconds. Luna token holders pledge Luna to the verification node, and the verification node will generate blocks. Token quantity, distribution and circulation The planned total number of L...

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