2 years ago
Data shows that determination are presently 226,325 stakers accounting for $29.5 cardinal worthy of locked up LUNA which has propelled the web into 2nd spot for staked value.
According to information from Staking Rewards, Terra (LUNA) has flipped Ethereum (ETH) successful presumption of staked value, with $29.5 cardinal worthy of LUNA locked up compared to Ether’s $25.9 billion.
The platform’s information shows that determination are presently 226,325 LUNA stakers, making it the 2nd astir staked crypto plus with much than 4 times the fig of those staking ETH astatine 54,768. Solana leads the staking charts with $35 cardinal successful staked value.
In presumption of yearly staking rewards, LUNA is estimated to output 6.62% connected mean portion Ethereum fetches 4.81%. The astir rewarding retired of the apical 10 staked assets is Polkadot (DOT) with 13.92%.
Top 5 networks by staked value, Mar. 4 - Stakingrewards.comStaking Rewards highlighted the flippening connected March 1, noting that LUNA staking had overtaken Ethereum, however, immoderate users pointed retired that information from DeFi Llama appears to contradict the figures dramatically.
DeFi lama suggests antithetic information pic.twitter.com/lGbZ1lXefy
— Luna Studio.UST (@Luna_Studio_) March 2, 2022DeFi Llama’s information shows that Ethereum towers implicit its competitors successful presumption of a full worth locked (TVL) of $111.4 billion, compared to LUNA’s TVL of $23.35 billion. However, these figures incorporated collateral locked crossed DeFi protocols, not conscionable ETH staked connected the Beacon Chain, hence the discrepancy. The Beaconcha.in explorer presently reports 9.7 cardinal ETH staked worthy astir $26.5 cardinal astatine existent prices which is akin to Staking Rewards figures.
One inclination that some information aggregators person confirmed, however, is that involvement successful LUNA has surged of late. Over the past 7 days, LUNA’s TVL has accrued 26.905% and sits good supra third-placed Binance Smart Chain (BSC) astatine $12.03 cardinal worthy of TVL.
Staking Rewards clarified that staked worth and TVL metrics are “entirely different,” arsenic the second tin besides incorporated assets locked in decentralized finance (DeFi) protocols for features specified arsenic lending.
The terms of LUNA has gained a whopping 78.4% implicit the past 30 days to beryllium astatine astir $92.84 astatine the clip of writing, portion its marketplace headdress presently totals $34.5 billion.
Related: Rune’s upcoming mainnet motorboat and Terra (LUNA) integration acceptable disconnected a 74% rally
As antecedently reported by Cointelegraph, the asset's bullish betterment comes disconnected the backmost of the Terra protocol burning 29 cardinal LUNA tokens worthy ($2.57 billion) precocious past month. The determination coincided with the proviso of TerraUSD (UST) — a stablecoin backed by LUNA — accrued much than 14.5% to 12.92 cardinal tokens.
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