Terra Farms are Now Live on Moonbeam! Stake UST and LUNA on to Earn High APRs
As part of our ongoing strategy in attracting capital from other blockchain networks, StellaSwap has decided to launch Terra farms to attract liquidity from Terra blockchain. With a total value locked (TVL) of over $20 billion, there’s a large pool of liquidity that StellaSwap, and Moonbeam network, can tap into.
You can now stake $UST and $LUNA on the newly launched farm and start earning $STELLA rewards on your stake.
UST & LUNA Farm Launch
The details of Terra farms launch are as follows:
- Launch Date: 26 February, 2022
- Farms Launched: $UST-$GLMR & $LUNA-$GLMR
- Reward Token: $STELLA
- Daily Emissions: 1,373 $STELLA/Daily (for each pool)
Start Bridging Your ETH from ETH Network Now!
The bridging infrastructure for Terra into Moonbeam is provided by Axelar Network, a recent unicorn focused on providing scaled cross-chain interoperability across all blockchain networks. This strategic partnership is predicated on the shared vision of value transfer across multiple blockchain networks in a secure and seamless way.
You can start to bridge your $UST and $LUNA from Terra network now using Axelar’s bridge!
Here’s a full guide on how to bridge $UST and $LUNA using Axelar’s bridge.
Use ZAP to Convert your GLMR Directly into Terra LP Tokens in Just 1-Click!
We have recently launched ZAP, which allows users to stake and yield farm in just 1-click! This means that you can convert your $GLMR to $UST-$GLMR & $LUNA-$GLMR LP token directly in just 1-click. After generating the LP token, stake it into the ETH-USDC farm to start making healthy yields!
Or, Manually Farm ETH-USDC on Stella
Providing liquidity to StellaSwap in the form of $UST-$GLMR & $LUNA-$GLMR will earn you $STELLA. Here is a guide on how to pool, and stake your LP in Stella farms.
About StellaSwap
StellaSwap is the first and leading Moonbeam DEX that offers an integrated gateway to the DeFi world. Users can swap, earn, yield farm, bridge assets, explore new projects and engage in NFT trading all from a single unified platform. StellaSwap’s products are structured in such a way that facilitates decentralized governance of STELLA holders, while continuing to innovate on the collective foundations by design.
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