Скачать или смотреть Wrapped Luna Coinbase | WLUNA Price Prediction 2030 | Buy WLUNA

Wrapped Luna Coinbase | WLUNA Price Prediction 2030 | Buy WLUNA

The two assets are essentially the same, only they exist on two different blockchains. Terra Luna is a native platform token on the Terra blockchain, while Wrapped Luna is a derivative token existing on Ethereum. WLUNA tracks the price of Terra Luna using algorithmic incentive processes. Whenever the price of either asset varies, arbitrage traders will come in to profit from the price difference. They will buy the cheaper version, mint, or redeem the other variant and sell the more expensive one for a profit. As more arbitrage traders seek to profit off this price discrepancy, they will reduce the supply of the cheaper variant while increasing its demand. So, the price will rise, thereby eliminating the profit margin.

DISCLAIMER: This video is not financial advice, just us sharing our personal opinions, perform appropriate due diligence before investing. We do not assume responsibility for any loss/damage incurred from your actions taken based on our publications.

#wluna #terra #crypto