Terra Station Guide

Last Update : 2020. 08. 04

WEBSITE

MEDIUM

TELEGRAM

TWITTER

DISCORD

terra.money

medium.com/terra-money

t.me/terra_announcements

@terra_money

discord.gg/NqnAPYz

Check your wallet

You can check your Terra Wallet address as well as how much Luna and Terra you currently hold.

3. Wallet

Check your transactions

You can view all past transactions or review based on category.

4. History

New and improved dashboard

The public dashboard has been upgraded with new sections like Community Pool. You can also nowcheck cumulative or periodic data by changing the graph setting.

2. Dashboard

https://terra.money

Interact with the Terra blockchain bymanaging your wallet, swapping tokens,and delegating LUNA to validators.

DOWNLOAD

Create your walletfeat. Terra Station

Visit Terra’s website (https://terra.money - Protocol) and download the latest version of the Terra Station.

Crypto 101: Make sure you have your seed phrase written down and stored in a safe place.If you lose this, we can’t help you.

1. Terra Station

Swap away!

You can easily swap between the di�erent native tokens. You can swap Terra KRT that is pegged to theKRW with Terra UST which is pegged to the U.S. Dollar. There is a 0.25% tobin tax on swaps betweendi�erent Terras as well as a minimum 2% fee for swaps between Terra and Luna.

6. Swap

Delegate, delegate, delegate!

Select a validator and click the “Delegate” button. Enter how much you want to delegate andyou are all set! Some people like to go all-in with a top validator, and some like to diversify.Choose your own journey.

Delegate

5. Staking

Undelegating and unbonding period

Select the delegator you want to undelegate from, and tap the “Undelegate” button. Once yousend this transaction, your Luna will remain locked and unstaked for 21 days.

Undelegate

5. Staking

Want to redelegate?

Redelegating from one validator to another is just as simple as delegating. Select the new validatoryou’d like to delegate to, and tap “Delegate”. You can easily re-allocate your stake without having towait 21 days to unbond by changing the “Source” of Luna.

Pro Tip: If you delegate more to a validator you’ve already delegated to or choose to undelegate,your rewards will get automatically withdrawn. This won’t show up in your transaction history,but you can see your rewards reflected in your balance.

5. Staking

Watch your rewards pile up

Once you’ve delegated, your Staking tab will update to show your portfolio. You can easily checkhow much in rewards you’ve stacked up. You can also withdraw your rewards at anytime.Partial withdrawals are available once you select one of the validators you’ve delegated to.

3

5. Staking

Pick a validator

5. Staking

Go to the Staking tab to see all validators ranked by Delegation return. Click a validator to check more detailed information.

Contents

1.

2.

3.

4.

5.

6.

7.

Terra Station

Dashboard

Wallet

History

Staking

Swap

Governance

Make a proposal

Anyone who has staked their Luna can participate in Terra’s on-chain governance. Click the‘New Proposal’ button to submit one yourself or vote on someone else’s proposal.

Topics of the proposals can range from changing tax rates to requesting budget from theCommunity Pool.

7. Governance

3

Proposal A

Proposal C

Proposal E

512

Proposal D

Proposal B

New Proposal

Deposit -> Voting -> Passed or Rejected

Proposals must go through three stages: Deposit -> Voting -> Passed or Rejected. A minimum 512 Lunadeposit is required to move a proposal to the Voting stage. This deposit can be put up by the person whocreated the proposal or someone else from the community. If the minimum deposit is not met within14 days, the proposal automatically gets rejected.

If a proposal gets passed or rejected, the deposit is returned. However, if a proposal is rejected based on‘No with Veto’ votes, the protocol will burn the Luna deposited.

7. Governance

Proposal A

Proposal C

Proposal E

Proposal D

Proposal B

3

Every vote counts

A proposal can be voted on for 14 days. For a proposal to pass, the following requirementsmust be satisfied:

Quorum: More than 40% of the total staked tokens must particiapte

Threshold: More than 50% of the tokens that participated in the vote need to vote “Yes”

Veto: Less than 33.4% of the tokens that participated in the vote need to have voted “No with Veto”

Hashed

Increase current tax rate of 0.5% to 1%

Increase tax rate

7. Governance

512

1

2