1
Terra Station Guide Last Update : 2019. 12. 13 WEBSITE MEDIUM TELEGRAM TWITTER DISCORD terra.money medium.com/terra-money t.me/terra_announcements @terra_money discord.gg/NqnAPYz Check your account You can check your Terra Wallet address as well as how much Luna and Terra you currently hold. 3. Bank Governance 3 Check your transactions You can view all past transactions or review based on category. Governance 3 4. Transactions New and improved dashboard The public dashboard has been upgraded with new sections like Community Pool. You can also now check cumulative or daily data by changing the graph setting. 2. Dashboard 22.01 3 Governance 1,000 0.5 993,507,495 LUNA https://terra.money Interact with the Terra blockchain by managing your wallet, swapping tokens, and delegating LUNA to validators. DOWNLOAD Create your wallet feat. Terra Station Visit Terra’s website (https://terra.money/) and download the latest version of the Terra Station. Crypto 101: Make sure you have your seed phrase written down and stored in a safe place. If you lose this, we can’t help you. 1. Terra Station Swap away! You can easily swap between the different native tokens. You can swap Terra KRT that is pegged to the KRW with Terra UST which is pegged to the U.S. Dollar. There is a 0.25% tobin tax on swaps between different Terras as well as a minimum 2% fee for swaps between Terra and Luna. 0.00061 SDT SDT 0.00084 6. Market 3 Delegate, delegate, delegate! Select a validator and click the “Delegate” button. Enter how much you want to delegate and you are all set! Some people like to go all-in with a top validator, and some like to diversify. Choose your own journey. Delegate 5. Staking Governance Staking 3 Market Undelegating and unbonding period Select the delegator you want to undelegate from, and tap the “Undelegate” button. Once you send this transaction, your Luna will remain locked and unstaked for 21 days. Undelegate 5. Staking Governance Staking 3 Market Want to redelegate? Redelegating from one validator to another is just as simple as delegating. Select the new validator you’d like to delegate to, and tap “Delegate”. You can easily re-allocate your stake without having to wait 21 days to unbond by changing the “Source” of Luna. Pro Tip: If you delegate more to a validator you’ve already delegated to or choose to undelegate, your rewards will get automatically withdrawn. This won’t show up in your transaction history, but you can see your rewards reflected in your balance. 5. Staking Governance Staking 3 Market Watch your rewards pile up Once you’ve delegated, your Staking tab will update to show your portfolio. You can easily check how much in rewards you’ve stacked up. You can also withdraw your rewards at anytime. Partial withdrawals are available once you select one of the validators you’ve delegated to. 3 Governance Staking 3 Market 5. Staking Pick a validator 5. Staking Go to the Staking tab to see all validators ranked by voting power. The higher the voting power, the higher the chance that validator gets selected as a block producer. Click a validator to check more detailed information. Pro Tip: Notice how Goliath charges 100% for commission? That means he won’t share rewards with you, so don’t delegate to validators like him! 3 Governance Staking 3 Market Contents 1. 2. 3. 4. 5. 6. 7. Terra Station Dashboard Bank Transactions Staking Market Governance Make a proposal Anyone who has staked their Luna can participate in Terra’s on-chain governance. Click the ‘New Proposal’ button to submit one yourself or vote on someone else’s proposal. Topics of the proposals can range from changing tax rates to requesting budget from the Community Pool. 7. Governance 3 Proposal A Proposal C Proposal E 512 Proposal D Proposal B New Proposal Deposit -> Voting -> Passed or Rejected Proposals must go through three stages: Deposit -> Voting -> Passed or Rejected. A minimum 512 Luna deposit is required to move a proposal to the Voting stage. This deposit can be put up by the person who created the proposal or someone else from the community. If the minimum deposit is not met within 14 days, the proposal automatically gets rejected. If a proposal gets passed or rejected, the deposit is returned. However, if a proposal is rejected based on ‘No with Veto’ votes, the protocol will burn the Luna deposited. 7. Governance Proposal A Proposal C Proposal E Proposal D Proposal B 3 Every vote counts A proposal can be voted on for 14 days. For a proposal to pass, the following requirements must be satisfied: Quorum: More than 40% of the total staked tokens must particiapte Threshold: More than 50% of the tokens that participated in the vote need to vote “Yes” Veto: Less than 33.4% of the tokens that participated in the vote need to have voted “No with Veto” Hashed Increase current tax rate of 0.5% to 1% 1% Increase tax rate 7. Governance 512 Governance Market RockX polychain hashed 1 2 hashed to polychain

Terra Station Guide - Terra - Decentralized Stablecoin · feat. Terra Station Visit Terra’s website ( and download the latest version of the Terra Station. Crypto 101: Make sure

  • Upload
    others

  • View
    17

  • Download
    0

Embed Size (px)

Citation preview

Page 1: Terra Station Guide - Terra - Decentralized Stablecoin · feat. Terra Station Visit Terra’s website ( and download the latest version of the Terra Station. Crypto 101: Make sure

Terra Station Guide

Last Update : 2019. 12. 13

WEBSITE

MEDIUM

TELEGRAM

TWITTER

DISCORD

terra.money

medium.com/terra-money

t.me/terra_announcements

@terra_money

discord.gg/NqnAPYz

Check your account

You can check your Terra Wallet address as well as how much Luna and Terra you currently hold.

3. Bank

3

Governance

3

Governance

Check your transactions

You can view all past transactions or review based on category.

3

Governance

3

Governance

4. Transactions

New and improved dashboard

The public dashboard has been upgraded with new sections like Community Pool. You can also nowcheck cumulative or daily data by changing the graph setting.

2. Dashboard

22.01

3

Governance

1,000 0.5 993,507,495 LUNA

https://terra.money

Interact with the Terra blockchain bymanaging your wallet, swapping tokens,and delegating LUNA to validators.

DOWNLOAD

Create your walletfeat. Terra Station

Visit Terra’s website (https://terra.money/) and download the latest version of the Terra Station.

Crypto 101: Make sure you have your seed phrase written down and stored in a safe place.If you lose this, we can’t help you.

1. Terra Station

Swap away!

You can easily swap between the di�erent native tokens. You can swap Terra KRT that is pegged to theKRW with Terra UST which is pegged to the U.S. Dollar. There is a 0.25% tobin tax on swaps betweendi�erent Terras as well as a minimum 2% fee for swaps between Terra and Luna.

0.00061 SDT

스왑은 마켓에서!

테라 네트워크 상의 암호화폐들은 자유자재로 교환 혹은 스왑(swap)이 가능합니다. 즉, 원화에 페깅된 KRT를 미국 달러에 페깅된 UST와 쉽게

교환할 수 있고, KRT를 루나로 교환할 수도 있지요. 테라간의 스왑에는 0.25%의 토빈세가, 테라와 루나간의 스왑에는 최소 2%의 수수료가

부과되니, Spread를 꼭 확인하고 진행하시기 바랍니다.

7. Market

SDT0.00084

6. Market

3

Delegate, delegate, delegate!

Select a validator and click the “Delegate” button. Enter how much you want to delegate andyou are all set! Some people like to go all-in with a top validator, and some like to diversify.Choose your own journey.

Delegate

5. Staking

3

Governance

Staking

3

Governance

Market

Undelegating and unbonding period

Select the delegator you want to undelegate from, and tap the “Undelegate” button. Once yousend this transaction, your Luna will remain locked and unstaked for 21 days.

Undelegate

5. Staking

3

Governance

Staking

3

Governance

Market

Want to redelegate?

Redelegating from one validator to another is just as simple as delegating. Select the new validatoryou’d like to delegate to, and tap “Delegate”. You can easily re-allocate your stake without having towait 21 days to unbond by changing the “Source” of Luna.

Pro Tip: If you delegate more to a validator you’ve already delegated to or choose to undelegate,your rewards will get automatically withdrawn. This won’t show up in your transaction history,but you can see your rewards reflected in your balance.

5. Staking

3

Governance

Staking

3

Governance

Market

Watch your rewards pile up

Once you’ve delegated, your Staking tab will update to show your portfolio. You can easily checkhow much in rewards you’ve stacked up. You can also withdraw your rewards at anytime.Partial withdrawals are available once you select one of the validators you’ve delegated to.

3

3

Governance

Staking

3

Governance

Market

5. Staking

Pick a validator

5. Staking

Go to the Staking tab to see all validators ranked by voting power. The higher the voting power,the higher the chance that validator gets selected as a block producer. Click a validator tocheck more detailed information.

Pro Tip: Notice how Goliath charges 100% for commission? That means he won’t share rewardswith you, so don’t delegate to validators like him!

3

3

Governance

Staking

3

Governance

Market

Contents

1.

2.

3.

4.

5.

6.

7.

Terra Station

Dashboard

Bank

Transactions

Staking

Market

Governance

Make a proposal

Anyone who has staked their Luna can participate in Terra’s on-chain governance. Click the‘New Proposal’ button to submit one yourself or vote on someone else’s proposal.

Topics of the proposals can range from changing tax rates to requesting budget from theCommunity Pool.

7. Governance

3

Proposal A

Proposal C

Proposal E

512

Proposal D

Proposal B

New Proposal

Deposit -> Voting -> Passed or Rejected

Proposals must go through three stages: Deposit -> Voting -> Passed or Rejected. A minimum 512 Lunadeposit is required to move a proposal to the Voting stage. This deposit can be put up by the person whocreated the proposal or someone else from the community. If the minimum deposit is not met within14 days, the proposal automatically gets rejected.

If a proposal gets passed or rejected, the deposit is returned. However, if a proposal is rejected based on‘No with Veto’ votes, the protocol will burn the Luna deposited.

7. Governance

Proposal A

Proposal C

Proposal E

Proposal D

Proposal B

3

Every vote counts

A proposal can be voted on for 14 days. For a proposal to pass, the following requirementsmust be satisfied:

Quorum: More than 40% of the total staked tokens must particiapte

Threshold: More than 50% of the tokens that participated in the vote need to vote “Yes”

Veto: Less than 33.4% of the tokens that participated in the vote need to have voted “No with Veto”

Hashed

Increase current tax rate of 0.5% to 1%1%

Increase tax rate

7. Governance

512

GovernanceMarket

RockX

polychain

hashed

1

2

hashed to polychain