As of press time, LUNA follows the general sentiment in the market with a 4.4% loss in the last week, but some profits in lower timeframes. The Terra-based cryptocurrency trades at $49,58 and has seen much less loss than larger cryptocurrencies, such as Bitcoin and Ethereum, which record over 10% losses in the same period.<\/p>\n Terra\u2019s success seems supported by its protocol\u2019s tool to provide users with vast opportunities to generate profits via staking or \u201clocking down\u201d their tokens. In that sense, the ecosystem\u2019s stablecoin UST has also seen impressive growth zooming on Tether (USDT), and USD Coin (USDC), in terms of market cap<\/a>.<\/p>\n Via his Twitter account, Do Kwon, Terraform Labs Co-Founder, mentioned a new use case that seems poised to increase the demand for UST. Lending and borrowing platform Mars protocol announced the start of its lockdrop which incentivizes users to lock their UST to receive rewards.<\/p>\n I\u2019m coming in https:\/\/t.co\/7jRgSEVR31<\/a><\/p>\n — Do Kwon \ud83c\udf15 (@stablekwon) February 21, 2022<\/a><\/p><\/blockquote>\n![\"LUNA](\"https:\/\/uniquehot.com\/wp-content\/uploads\/2022\/02\/LUNA-Terra-LUNAUSDT.png?resize=860%2C386\")
\n