Terra vs Polymesh — how do they compare? Terra trades at Rp772.04 (market cap Rp548,12M, Rp69,43M 24h volume), while Polymesh trades at Rp526.17 (market cap Rp699,51M, Rp22,08M 24h volume). The key difference: Polymesh is the larger of the two by market cap, and Terra's circulating supply is 710M LUNA versus 1,1B POLYX for Polymesh. Which is the better fit depends on your goals — on Pluang, investors hold Terra for 82 Days and Polymesh for 20 Days on average.
| LUNA | POLYX | |
|---|---|---|
Market Cap | Rp548,12M | Rp699,51M |
Volume (24h) | Rp69,43M | Rp22,08M |
Circulating Supply | 710M LUNA | 1,1B POLYX |
Typical Hold Time | 82 Days | 20 Days |
What Pluang investors did over the last 30 days
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The Terra 2.0 protocol is a decentralized and open-source public blockchain protocol. Luna is the Terra protocol's native staking token used for governance and mining. The Terra 2.0 chain will not have a stablecoin and holders of the old Terra Classic chain will be airdropped new Luna native coins. In the plan, developers of the Terra ecosystem are to migrate and deploy their dapps on the new blockchain.
Read more on LUNA →POLYX is the native protocol token of Polymesh, an institutional-grade permissioned blockchain built specifically for regulated assets. It streamlines antiquated processes and opens the door to new financial instruments by solving challenges with public infrastructure around governance, identity, compliance, confidentiality, and settlement. The token can be used to stake and secure the network, pay transaction fees, and engage in governance.
Read more on POLYX →