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The Bullish Thesis for Terra Luna
By The Babylonians  •  September 21, 2021
The best crypto investment idea I have found thus far is Terra Luna. What makes Luna different from other tokens is that it is not just a token that is used to pay for gas fees on the network. Luna is much more and here is why. Terra is in the business of decentralized algorithmic stablecoins (UST). To mint an additional dollar UST, a dollar worth of Luna must be burnt on the other end. The reverse is true. Hence as the demand for UST grows, more Luna will have to be burnt to support the growth thereby reducing the circulating supply of the token. As demand for Luna tokens increases and liquid supply decreases, it presents a huge upside potential for prices. But why would people want to buy Luna tokens? It is because Luna is the underlying ecosystem token for Terra and all transaction fees made on the Terra network accrues back to Luna stakers....
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By The Babylonians
The Babylonians is a personal financial blog inspired by a book titled “The Richest Man in Babylon”. This blog shares insightful and educational content on investing across 3 asset classes: Stocks, REITs and Crypto. The motivation behind The Babylonians is to help the average Joe (using myself as a test subject) escape from the rat race through following certain laws and principles of wealth.
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