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What is Terra?

Anchor Protocol allows users to deposit Terra stablecoins to gain a consistent yield, taking advantage of the block rewards produced by major proof-of-stake blockchains. The platform's attributes, including instant settlements, low transaction fees, and seamless cross-border transactions, make Terra stablecoins a popular choice for numerous individuals and enterprises. Additionally, Mirror Protocol allows for the creation of fungible synthetic assets that replicate the value of real-world assets, which are intended to act as vital components within smart contracts, thereby integrating global assets into the blockchain sphere. Developers can employ various programming languages such as Rust, Go, or AssemblyScript to build smart contracts that operate across different chains linked through the Cosmos Inter-Blockchain Communication (IBC) protocol. The foundational elements of this structure include Terra stablecoins, on-chain swaps, and Layer 1 oracles, which collectively empower decentralized applications (dApps) to leverage Terra's payment solutions in an accessible way. Moreover, Terra aspires to provide its stablecoin solutions to every developer across diverse blockchain ecosystems. Presently, the platform is functional on Ethereum and Solana, and plans for further expansion to additional networks are underway. This growth underscores Terra's dedication to enriching the blockchain landscape for all stakeholders involved while fostering innovation and collaboration.

What is Meter?

Meter is an advanced infrastructure specifically designed to allow smart contracts to scale and operate seamlessly across multiple blockchain networks. As a hybrid of Layer 1 and Layer 2 protocols, Meter revolves around two essential tokens: MTRG, serving as the governance token (with its ERC20 version known as eMTRG), and MTR, which functions as a stable currency token. To ensure smooth and unrestricted transfer of financial assets among blockchains, Meter utilizes a HotStuff-based consensus mechanism that accommodates thousands of validator nodes, establishing itself as the most decentralized Layer 2 solution for Ethereum. The platform boasts the ability to handle thousands of transactions per second, resulting in near-instant transaction confirmations. Furthermore, Meter Passport allows for assets and smart contracts to move and engage across different blockchains, optimizing aspects such as price, liquidity, and yield. Notably, Meter distinguishes itself as an Ethereum-compatible platform enriched with unique characteristics. Unlike other Layer 2 solutions, decentralized exchanges (DEXes) on Meter are designed to be impervious to front-running and miner extractable value (MEV) dilemmas, ensuring transactions are both rapid and censorship-resistant. This unique blend of features positions Meter as a formidable contender in the ever-evolving blockchain landscape, demonstrating its potential to revolutionize cross-chain interactions.

Media

Media

Integrations Supported

Bitget Wallet
Allbridge
Binance Web3 Wallet
BusinessBuilders
ChadSwap
Chee Finance
Cryptio
DEX Screener
Gate.io
Leap Wallet
Orbit Bridge
Orbit Chain
PancakeSwap
Pocket Network (POKT)
Portal Bridge
Sumer.money
SyncNode
Terra Station
Verse Network
VoltSwap

Integrations Supported

Bitget Wallet
Allbridge
Binance Web3 Wallet
BusinessBuilders
ChadSwap
Chee Finance
Cryptio
DEX Screener
Gate.io
Leap Wallet
Orbit Bridge
Orbit Chain
PancakeSwap
Pocket Network (POKT)
Portal Bridge
Sumer.money
SyncNode
Terra Station
Verse Network
VoltSwap

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Terra

Company Website

www.terra.money

Company Facts

Organization Name

Decentralized Finance Labs

Date Founded

2018

Company Location

United States

Company Website

www.meter.io

Categories and Features

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Meter