Terra news and discussions

Fellow AURORians and LUNAtics, rejoice, two new blockchains are coming to Allbridge at once!
Back in October, we announced the upcoming integration with Aurora. We are thrilled not only to deliver on our promise but to expand upon it by launching Aurora together with the highly anticipated Terra Protocol bridge.

Terra Protocol is an open-source stablecoin network, controlled by its stakeholders. It is currently estimated at $13 billion TVL according to the DeFi Llama aggregator. Pairing it up with Aurora establishes a very unique connection between these two networks and brings sizeable Terra liquidity to their ecosystem.

Tera’s cross-chain partnership with NearPad and Rose is a great place for users to bridge their Terra assets across to put them to use. NearPad aims to be a DeFi hub of Aurora with a product suite offering an intuitive DEX AMM, launchpad, and incubator. Users will be able to provide Terra assets in the DEX in incentivized pools to earn yield. Rose is a liquidity layer for Aurora, which will support a UST/USDC/USDT/DAI pool where users will be able to earn yield on entirely stable assets.