Member-only story
The first step to jump into the Luna environment and all it has for us in 2022.
Terra Luna is among one of the most promising projects in the crypto world thanks to a functional and decentralized ecosystem that lets people, for example, stake the Terra stable coin UST at a 20% APY. It was created by Do Kwon and Daniel Shin in 2018, co-founders of Terraform Labs, with Luna as its native token and UST as a stable coin that uses an algorithm to keep its peg to the US dollar by making use of Luna.
The first step is creating a Terra Station wallet, which is available on Google Chrome as an extension, Windows, Linux, MacOS and also on iOS/Android applications. With this wallet you can not only hold and swap Terra assets but also stake on the different available validators (Note they have an unbonding period of 21 days to unstake). Of course it also includes the governance section where all polls take place.
The title of the post is how to create it in 5 minutes, so let’s start!
Step 1: Install the Chrome Extension
Go to the following link and install the extension https://chrome.google.com/webstore/search/terra%20station
