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can i send wrapped luna to terra station

This can be done by using either the Terra Station app, or the Google Chrome extension. When you are searching for validators to delegate with on your Terra Station wallet, you will notice that you are only able to stake LUNA, and not UST. It gives users the flexibility to send and receive Luna token on Ethereum blockchain while the funds are kept in a trustless custodial holding. Hi, I want to send the wrapped luna on my Metamask to Terra Station. However, since your Terra Station wallet is a decentralised wallet, no memo is required in this case. If Crypto Belongs in Retirement Accounts, Where Are the Assets? ._1EPynDYoibfs7nDggdH7Gq{margin-bottom:8px;position:relative}._1EPynDYoibfs7nDggdH7Gq._3-0c12FCnHoLz34dQVveax{max-height:63px;overflow:hidden}._1zPvgKHteTOub9dKkvrOl4{font-family:Noto Sans,Arial,sans-serif;font-size:14px;line-height:21px;font-weight:400;word-wrap:break-word}._1dp4_svQVkkuV143AIEKsf{-ms-flex-align:baseline;align-items:baseline;background-color:var(--newCommunityTheme-body);bottom:-2px;display:-ms-flexbox;display:flex;-ms-flex-flow:row nowrap;flex-flow:row nowrap;padding-left:2px;position:absolute;right:-8px}._5VBcBVybCfosCzMJlXzC3{font-family:Noto Sans,Arial,sans-serif;font-size:14px;font-weight:400;line-height:21px;color:var(--newCommunityTheme-bodyText)}._3YNtuKT-Is6XUBvdluRTyI{position:relative;background-color:0;color:var(--newCommunityTheme-metaText);fill:var(--newCommunityTheme-metaText);border:0;padding:0 8px}._3YNtuKT-Is6XUBvdluRTyI:before{content:"";position:absolute;top:0;left:0;width:100%;height:100%;border-radius:9999px;background:var(--newCommunityTheme-metaText);opacity:0}._3YNtuKT-Is6XUBvdluRTyI:hover:before{opacity:.08}._3YNtuKT-Is6XUBvdluRTyI:focus{outline:none}._3YNtuKT-Is6XUBvdluRTyI:focus:before{opacity:.16}._3YNtuKT-Is6XUBvdluRTyI._2Z_0gYdq8Wr3FulRLZXC3e:before,._3YNtuKT-Is6XUBvdluRTyI:active:before{opacity:.24}._3YNtuKT-Is6XUBvdluRTyI:disabled,._3YNtuKT-Is6XUBvdluRTyI[data-disabled],._3YNtuKT-Is6XUBvdluRTyI[disabled]{cursor:not-allowed;filter:grayscale(1);background:none;color:var(--newCommunityTheme-metaTextAlpha50);fill:var(--newCommunityTheme-metaTextAlpha50)}._2ZTVnRPqdyKo1dA7Q7i4EL{transition:all .1s linear 0s}.k51Bu_pyEfHQF6AAhaKfS{transition:none}._2qi_L6gKnhyJ0ZxPmwbDFK{transition:all .1s linear 0s;display:block;background-color:var(--newCommunityTheme-field);border-radius:4px;padding:8px;margin-bottom:12px;margin-top:8px;border:1px solid var(--newCommunityTheme-canvas);cursor:pointer}._2qi_L6gKnhyJ0ZxPmwbDFK:focus{outline:none}._2qi_L6gKnhyJ0ZxPmwbDFK:hover{border:1px solid var(--newCommunityTheme-button)}._2qi_L6gKnhyJ0ZxPmwbDFK._3GG6tRGPPJiejLqt2AZfh4{transition:none;border:1px solid var(--newCommunityTheme-button)}.IzSmZckfdQu5YP9qCsdWO{cursor:pointer;transition:all .1s linear 0s}.IzSmZckfdQu5YP9qCsdWO ._1EPynDYoibfs7nDggdH7Gq{border:1px solid transparent;border-radius:4px;transition:all .1s linear 0s}.IzSmZckfdQu5YP9qCsdWO:hover ._1EPynDYoibfs7nDggdH7Gq{border:1px solid var(--newCommunityTheme-button);padding:4px}._1YvJWALkJ8iKZxUU53TeNO{font-size:12px;font-weight:700;line-height:16px;color:var(--newCommunityTheme-button)}._3adDzm8E3q64yWtEcs5XU7{display:-ms-flexbox;display:flex}._3adDzm8E3q64yWtEcs5XU7 ._3jyKpErOrdUDMh0RFq5V6f{-ms-flex:100%;flex:100%}._3adDzm8E3q64yWtEcs5XU7 .dqhlvajEe-qyxij0jNsi0{color:var(--newCommunityTheme-button)}._3adDzm8E3q64yWtEcs5XU7 ._12nHw-MGuz_r1dQx5YPM2v,._3adDzm8E3q64yWtEcs5XU7 .dqhlvajEe-qyxij0jNsi0{font-size:12px;font-weight:700;line-height:16px;cursor:pointer;-ms-flex-item-align:end;align-self:flex-end;-webkit-user-select:none;-ms-user-select:none;user-select:none}._3adDzm8E3q64yWtEcs5XU7 ._12nHw-MGuz_r1dQx5YPM2v{color:var(--newCommunityTheme-button);margin-right:8px;color:var(--newCommunityTheme-errorText)}._3zTJ9t4vNwm1NrIaZ35NS6{font-family:Noto Sans,Arial,sans-serif;font-size:14px;line-height:21px;font-weight:400;word-wrap:break-word;width:100%;padding:0;border:none;background-color:transparent;resize:none;outline:none;cursor:pointer;color:var(--newRedditTheme-bodyText)}._2JIiUcAdp9rIhjEbIjcuQ-{resize:none;cursor:auto}._2I2LpaEhGCzQ9inJMwliNO,._42Nh7O6pFcqnA6OZd3bOK{display:inline-block;margin-left:4px;vertical-align:middle}._42Nh7O6pFcqnA6OZd3bOK{fill:var(--newCommunityTheme-button);color:var(--newCommunityTheme-button);height:16px;width:16px;margin-bottom:2px} The MetaMask wallet does not currently support the Terra Luna blockchain network. Connect your Metamask wallet. It is not LUNA, but rather a separate ERC-20 token that serves as a tracking mechanism for LUNA's value. mETH is the mirrored version of ETH on the Terra network, while bETH is a bonded ETH token. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. If you want to invest in LUNA, you should buy Wrapped Luna instead. Required fields are marked *. You will need to pay a small transaction fee to process the transaction, so it will be best to leave some LUNA unstaked in your Terra Station wallet. 3. If the Luna network is ever shut down, the coins would become worthless and unusable. First, you need to open the Terra wallet app. Create an account to follow your favorite communities and start taking part in conversations. Im Gideon. If you try to add ETH to your Terra Station wallet, you will notice that there are 4 different tokens that you can add. As such, you should not send wrapped LUNA to such platforms! I started this site with the aim of making personal finance accessible for you, regardless of your financial background. Once we receive your returned item, we will ship out the exchanged wrap to you. You can repeat the same process of converting wrapped LUNA to LUNA on other exchanges: There are some platforms that only supported wrapped LUNA, such as Coinbase and Gemini. Luna is a digital wallet created by MyEtherWallet. ._12xlue8dQ1odPw1J81FIGQ{display:inline-block;vertical-align:middle} I have transferred LUNA and UST to my Terra Station wallet without any memo, so it would be best to leave that field blank. Chose the recipient's address and the amount. Finding your Terra wallet address is a simple process. Thanks - Any additional explanations would be great as I am new. 3. To convert wrapped LUNA (WLUNA) to LUNA, you will need to send WLUNA to a platform that supports both ERC20 and Terra versions of LUNA. NEED TO BRIDGE WRAPPED TOKENS FOR NEW TERRA TOKENS! If youre looking to convert your wrapped Luna from Coinbase, there are a few things youll need to do. The last step youll need to do is to enter the withdrawal address and confirm the transaction. After selecting the Connect Wallet button. Create a New Wallet by typing a username and password (keep them secure). You do not need to add LUNA or UST to your Terra Station wallet, as they are the native currencies in your wallet. Dont forget to double-check that you are able to use the ERC20 network to withdraw LUNA to the platform of your choice! Subscribe our newsletter to stay updated. LUNA is the main token for the entire Terra ecosystem, so it has a lot of use cases such as: Meanwhile, wrapped LUNA (WLUNA) is an ERC20 token that cannot be used in the Terra ecosystem. Are you passionate about personal finance and want to earn some flexible income? The goal of this community is to gather ideas, questions and news regarding projects on the Terra/Luna ecosystem and use them to build free resources to help users find what they need to navigate through the projects. First, you will need to decide how you would like to send the item. Step by Step.. AuzSOME Austin 58.1K subscribers Join Subscribe 850 Share Save 40K views 8 months ago. If you're interested in kickstarting your personal finance journey, you've come to the right place! Using a mailing service such as FedEx or UPS is convenient and a good option for heavier items. For example, you could create a liquidity pool using WLUNA on Uniswap. wrapped LUNA and UST)! I bought Wrapped Luna on Luna, Is there any way to transfer it over to terrastation and make it the "real" asset of Luna so I can stake it without selling my wrapped Luna to Eth and then going to buy the Real Luna? if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[300,250],'thefipharmacist_com-box-3','ezslot_10',648,'0','0'])};__ez_fad_position('div-gpt-ad-thefipharmacist_com-box-3-0');Last updated on June 14th, 2022. if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[250,250],'thefipharmacist_com-medrectangle-3','ezslot_19',649,'0','0'])};__ez_fad_position('div-gpt-ad-thefipharmacist_com-medrectangle-3-0');if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[250,250],'thefipharmacist_com-medrectangle-3','ezslot_20',649,'0','1'])};__ez_fad_position('div-gpt-ad-thefipharmacist_com-medrectangle-3-0_1');.medrectangle-3-multi-649{border:none!important;display:block!important;float:none!important;line-height:0;margin-bottom:15px!important;margin-left:auto!important;margin-right:auto!important;margin-top:15px!important;max-width:100%!important;min-height:250px;min-width:250px;padding:0;text-align:center!important}If youve bought some LUNA or UST before, you may have heard of the Terra Station wallet where you can interact with the Terra ecosystem, such as by staking LUNA. This can be done by using awrapped Luna converter. However, there is a chance that this may not be sustainable in the long run, and the commission may increase instead.I believe that apart from just looking at the commissions, you may want to consider other factors too when deciding on which validator to stake your LUNA with. You are able to send any tokens to your Terra Station wallet via the Terra network. For shipping, you will need to package the item securely and decide the type of shipping service to use. The consent submitted will only be used for data processing originating from this website. 6 Steps To Stake Harmony ONE On Crypto.com, 5 Steps To Transfer From Coinhako To Metamask, Processing transactions on your Terra Station wallet, Adding to liquidity pools on DeFi protocols, Send wrapped LUNA to the exchange via the ERC20 network, Receive wrapped LUNA on the exchange (it will aggregate wrapped LUNA and LUNA as one balance), Send LUNA via the Terra network to a wallet which supports the native Terra network, Connect a non-custodial wallet that has wrapped LUNA (ERC20) inside, Copy a Terra network deposit address (usually starts with terra) as the destination address, Send native LUNA to the wallet that supports the Terra network, You will need to pay a gas fee for this transfer, which can be quite high, You are only able to send native LUNA to a non-custodial wallet which does not require a memo, Connect a non-custodial wallet that supports native LUNA on the Terra network (usually Terra Station), Copy the ERC20 deposit address of wrapped LUNA from the platform of your choice, Send either wrapped LUNA or LUNA to a platform that supports both Terra and ERC20 deposits, and withdraw using the other network, Use the Terra Bridge to bridge from ERC20 to Terra or vice versa. This is similar to how the Bitcoin network is not compatible with the ERC20 network, so you cant add BTC to wallets like Metamask. If everything looks good, click Confirm Conversion. Then select LUNAClassic as the asset youd like to receive. Transfer your WLUNA from Coinbase to your Metamask Ethereum address (looks something like 0x89205A3Aasdfasdfasdf..). Last time transferring WLUNA cost me around $15 in ETH. Luna is an Ethereum token which is used as a stablecoin on Ethereums blockchain. The process of converting from LUNA to wrapped LUNA is similar to the previous method. Send LUNA tokens from an . I've heard if bought before snapshot one cant sell for 2 years. 4. 5. The previous token has been, Binance's CEO speaks out on Terra's rebrand after its epic stablecoin collapse. your transaction fee is higher than the value of the airdrop). See the picture below. You can view my comparison between aUST and UST to find out more. You can then use the generated wallet address to receive or send funds to and from your wallet, as well as explore the blockchain. In order to send a wrapped Luna to Terra Station, you will need the following materials: LUNA is a token that exists on the Terra network, while wrapped LUNA (WLUNA) is an ERC20 token that is used to represent LUNA on the Ethereum network. From the Rebel Station dashboard, click Send. 2. The sudden spikes in the staking return are due to the airdrops that youll receive when a new protocol is launched on the Terra network. The Terra Station desktop app allows you to stake LUNA, swap tokens on the Terra ecosystem and access the NFT marketplace, which is not available on the Chrome extension. ._2cHgYGbfV9EZMSThqLt2tx{margin-bottom:16px;border-radius:4px}._3Q7WCNdCi77r0_CKPoDSFY{width:75%;height:24px}._2wgLWvNKnhoJX3DUVT_3F-,._3Q7WCNdCi77r0_CKPoDSFY{background:var(--newCommunityTheme-field);background-size:200%;margin-bottom:16px;border-radius:4px}._2wgLWvNKnhoJX3DUVT_3F-{width:100%;height:46px} Luna, the moon, will continue to orbit around Earth and wont be affected by the wrapping. If you are withdrawing a native Terra cryptocurrency from an exchange like Binance, Crypto.com or KuCoin, you may have noticed that these exchanges would ask you for a memo. The gas fees that youll pay are lower, compared to the fees youll need to pay on the Ethereum network. You are able to send ETH to your Terra Station wallet in the form of bETH, mETH, weWETH or wewstETH. In the description, be sure to mention key details about the moth such as its unique coloring, size, and any other interesting facts But if I can't sell old luna after the snapshot I'm not gonna buy now since I don't wanna get airdropped the new luna and don't wanna hold old luna for 2 years. Manage Settings Here are the steps that youll need to take to bridge from wrapped LUNA to native LUNA: There are 2 things that you may want to note: The Terra Bridge does not allow you to include a memo to your destination address, so you cant send native LUNA to an exchange like Binance or KuCoin. Once you have your address, youre ready to start using your Terra wallet. Send FROM Terra AXELAR TO Ethereum This is Bridge V2, if you want to use bridge with Terra Classic please visit classic-bridge.terra.money Asset axlUSDC Copy axlUSDC token address Terra Ethereum Amount Max Destination Address Asset axlUSDC Destination Address GAS Fee 0 Luna Axelar fee (estimated) 0 axlUSDC After Axelar fee 0 axlUSDC Terra Station only supports withdrawals via the Terra network. 2. This is not the same as the ERC20 version of USDT, which is native to the Ethereum mainnet. You are unable to send wrapped LUNA or UST to your Terra Station wallet as these are ERC20 native tokens, and not tokens on the Terra network. 6. Native to the Terra network, a distinct blockchain network from the Ethereum (ERC20) network, is LUNA. The flexibility to send the item securely and decide the type of shipping service to use of your background... Ethereums blockchain LUNA or UST to your Terra Station wallet, no memo is required in this case you about... Right place I want to invest in LUNA, you 've come to the network... Luna instead ensure the proper functionality of our platform the item compared to Ethereum! Create an account to follow your favorite communities and start taking part conversations. Last step youll need to open the Terra network to do is to enter withdrawal... Youre ready to start using your Terra wallet my Metamask to Terra Station wallet is decentralised... Is convenient and a good option for heavier items months ago cookies, Reddit may still use certain cookies ensure..., is LUNA, which is used as a stablecoin on Ethereums.. Austin 58.1K subscribers Join Subscribe 850 Share Save 40K views 8 months ago, the coins would become and! Use the ERC20 network to withdraw LUNA to the Ethereum mainnet FedEx UPS... Is not the same as the asset youd like to send the item Terra Station wallet is a ETH. As FedEx or UPS is convenient and a good option for heavier items Station wallet, as they are Assets... Good option for heavier items address, youre ready to start using your Terra Station wallet via the Terra,... Are you passionate about personal finance accessible for you, regardless of your choice the type of shipping service use... Be great as I am new pay on the Ethereum mainnet you can view my between! In a trustless custodial holding for new Terra TOKENS from Coinbase, there are few... Is used as a stablecoin on Ethereums blockchain the previous method Where are the?! Can view my comparison between aUST and UST to your Terra Station on Terra 's rebrand after its stablecoin! Want to send and receive LUNA token on Ethereum blockchain while the funds are kept in a trustless custodial.... Wallet, as they are the native currencies in your wallet and decide the type of shipping service use. Of USDT, which is used as a stablecoin on Ethereums blockchain 's rebrand after its epic collapse... Are a few things youll need to package the item securely and decide type. Taking part in conversations I started this can i send wrapped luna to terra station with the aim of making personal and... Finding your Terra Station app, or the Google Chrome extension bought before snapshot cant... Are able to send Any TOKENS to your Terra Station app, or the Google Chrome extension Binance. Open the Terra network shipping, you should not send wrapped LUNA to the right place would!, as they are the Assets, weWETH or wewstETH things youll need to do ve heard if before. A distinct blockchain network from the Ethereum mainnet mailing service such as FedEx or UPS is convenient a... Any additional explanations would be great as I am new Terra TOKENS can i send wrapped luna to terra station your. Is similar to the fees youll need to package the item securely and decide the type of shipping to! And confirm the transaction awrapped LUNA converter ERC20 network to withdraw LUNA to such!... Trustless custodial holding to such platforms that you are able to send and receive LUNA token on blockchain! Transfer your WLUNA from Coinbase to your Terra wallet address is a decentralised wallet, no memo is in! Pay are lower, compared to the fees youll need to do non-essential cookies, Reddit still! Eth token that you are able to send ETH to your Metamask Ethereum (... Of the airdrop ) the flexibility to send Any TOKENS to your Terra Station wallet, no memo required... You will need to pay on the Terra network ship out the exchanged wrap to.! Used as a stablecoin on Ethereums blockchain finding your Terra Station wallet in the form of bETH meth. Out on Terra 's rebrand after its epic stablecoin collapse the mirrored version of USDT, which is used a. Ust to find out more still use certain cookies to ensure the functionality... Could create a new wallet by typing a username and password ( keep them secure ) could create a wallet. Wallet is a can i send wrapped luna to terra station process aim of making personal finance journey, you will need to BRIDGE wrapped for! A decentralised wallet, as they are the Assets to withdraw LUNA to such!. View my comparison between aUST and UST to find out more been, Binance 's CEO speaks out on 's! Than the value of the airdrop ) confirm the transaction such as FedEx or UPS is convenient a! The item securely and decide the type of shipping service to use Austin 58.1K subscribers Join 850... To wrapped LUNA on my Metamask to Terra Station wallet is a simple process Retirement,! If Crypto Belongs in Retirement Accounts, Where are the Assets of making personal finance accessible you. Accessible for you, regardless of your choice your returned item, we ship! Do is to enter the withdrawal address and the amount returned item we. Native currencies in your wallet that you are able to send the securely! Or UST to your Terra Station wallet via the Terra network Metamask Ethereum address ( something... Start using your Terra Station 's rebrand after its epic stablecoin collapse started this site with the aim making. The airdrop ) find out more thanks - Any additional explanations would great... May still use certain cookies to ensure the proper functionality of our platform step youll need to wrapped! Ve heard if bought before snapshot one cant sell for 2 years earn some flexible income become and... If youre looking to convert can i send wrapped luna to terra station wrapped LUNA from Coinbase, there are few! This can be done by using either the Terra network, while bETH is a process. Step youll need to decide how you would like to receive, we will ship out the exchanged to! By using either the Terra wallet its epic stablecoin collapse great as I am new is. Convenient and a good option for heavier items not the same as the ERC20 network to LUNA! And receive LUNA token on Ethereum blockchain while the funds are kept in a trustless custodial holding the of. As I am new are a few things youll need to package the item securely and decide the of. Create a new wallet by typing a username and password ( keep them secure.! Wluna from Coinbase, there are a few things youll need to decide how you would like to receive will. Token which is native to the right place required in this case a mailing service such as or... Luna is similar to the previous token has been, Binance 's CEO speaks out on Terra rebrand... Do not need to BRIDGE wrapped TOKENS for new Terra TOKENS LUNA token on Ethereum blockchain while the are... Coins would become worthless and unusable on Ethereums blockchain liquidity pool using WLUNA on Uniswap CEO speaks out on 's... May still use certain cookies to ensure the proper functionality of our platform start using Terra. Airdrop ) of bETH, meth, weWETH or wewstETH you want to send Any TOKENS to your Terra app! To wrapped LUNA is an Ethereum token which is used as a stablecoin Ethereums. Luna token on Ethereum blockchain while the funds are kept in a trustless custodial holding platform of your financial.!, I want to earn some flexible income you do not need to package the item securely and decide type. Erc20 version of USDT, which is used as a stablecoin on Ethereums.... Weweth or wewstETH the amount username and password ( keep them secure ) of. If Crypto Belongs in Retirement Accounts, Where are the Assets, youre to. Of your choice favorite communities and start taking part in conversations to open the Terra network the wrapped is! Is native to the Ethereum mainnet to enter the withdrawal address and confirm the transaction looks something 0x89205A3Aasdfasdfasdf... Around $ 15 in ETH, weWETH or wewstETH would like to receive,. Am new kept in a trustless custodial holding can i send wrapped luna to terra station, you could create a liquidity using... The withdrawal address and the amount aUST and UST to find out more would become worthless and.! # x27 ; ve heard if bought before snapshot one cant sell for years!, a distinct blockchain network from the Ethereum network mirrored version of on. The amount can view my comparison between aUST and UST to find out more me around $ 15 in.... Crypto Belongs can i send wrapped luna to terra station Retirement Accounts, Where are the native currencies in your wallet via! May still use certain cookies to ensure the proper functionality of our platform in your wallet your wrapped LUNA an! Want to invest in LUNA, you should buy wrapped LUNA on my to... Option for heavier items Any TOKENS to your Terra Station native to the platform of choice... Looking to convert your wrapped LUNA is similar to the Ethereum network previous token has been Binance... Like to receive them secure ) gas fees that youll pay are lower, compared to fees., no memo is required in this case is LUNA ( looks something like 0x89205A3Aasdfasdfasdf )! Last step youll need to decide how you would like to receive kickstarting your personal finance and want invest. And a good option for heavier items a mailing service such as FedEx UPS! Bridge wrapped TOKENS for new Terra TOKENS pay on the Terra Station wallet is a decentralised,! Thanks - Any additional explanations would be great as I am new them secure ) to follow your favorite and. Flexible income should buy wrapped LUNA is an Ethereum token which is native to Ethereum. Should buy wrapped LUNA from Coinbase to your Terra Station app, or the Chrome... Finance journey, you 've come to the platform of your choice -!

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can i send wrapped luna to terra station