Is NEAR The Next Terra?

NEAR Protocol plans to launch an algorithmic stablecoin as early as April 20th called USN. NEAR also plans to provide up to 20% APY within their DeFi ecosystem. Following the success of Terra's UST and the ability to earn 19% APY on Anchor protocol, many are comparing NEAR;s upcoming USN to Terra's UST. Is NEAR the next Terra? Let's talk about it!!

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Time Stamps:
NEAR Launching A Stablecoin - 0:00
Terra Competition? - 1:04
Decentralized vs Centralized Stablecoin - 1:51
Terra Buys AVAX and Bitcoin - 3:00
Terra APY Will Decrease - 4:14
USN Launching April 20th - 5:04
NEAR APY 20%? - 5:45
Where Is NEAR Listed? - 6:40
Can NEAR Do a 100x? - 7:50

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DISCLAIMER: This is NOT financial or legal advice. I am just offering my opinions. I am not responsible for any investment or legal decisions that you choose to make. This description may contain affiliate links for products that I believe in and use personally. If you purchase a product through one of them, I will receive a commission (at no additional cost to you). Thank you for your support.