Why I’m Investing in $LUNA now

With BTC and most Altcoins down 40%+ from all time highs, investing more now seems like a scary proposition. Is the bear market over, or do we have more to go yet? I’m not sure, but I do know that cryptocurrency and decentralized finance is here to stay.

Attempt to be fearful when others are greedy — Warren Buffet

If your Investing horizon is greater than 2 years this current drawdown is just another buying opportunity. In today’s sale, I’m looking for crypto projects that are providing real-world value today and will provide greater value in 2022.

Terra ($LUNA) is my first choice on this list. It is a programmable money for the internet that aims to be easier to spend, and more attractive to hold than any other stablecoin.

Stablecoins facilitate 80% of crypto volumes but only represent 5% of crypto market cap, there is work that needs to be done — SEC Chair, Gary Gensler.

How does Luna hold value?

The value of LUNA is tied to the demand for UST. Increasing (decreasing) demand for UST will decrease (increase) the supply of Luna as arbitrage opportunities arise. As such, Luna is a form of “volatility absorber” that stabilizes the price of UST. — Remi Tetot

Why is Terra going to outperform other stablecoins?

1. Terra has 150+ active decentralized Apps being built on top of it with a growing number of developers working on them.
2. Through Anchor protocol Terra has been offering the highest Stablecoin APY in the industry at 20% (vs. 8–10% for other top 5 protocols).

• Anchor users are growing at a rate of 80%+ monthly

1. TerraUSD is the fastest growing stablecoin of the top 5 at 30% growth over the last 30 days with a total of $10B+ value locked.
2. Terra’s top dApps are incubated by Delphi Labs — the same incubator that has brought us some of the best projects out of Solano, Axie and AVAX.

What’s the catalyst now?

1. $LUNA is down 30% from its all time high — Buy low while you can.
2. 2022 will be a pivotal year for Terra thanks to:

• Alice Finance, KASH, and CHAI launching Fiat On-ramps globally
• Easy mobile app based ways to join the ecosystem in US, Europe and Asia (why would anyone use Blockfi when you can get twice the APY?)
• Mars Protocol — deposit your top crypto assets to earn yield and borrow against your holdings
• Many more new dApps coming online

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