search
Homeweb3.0Terra Casino Adds FLOKI, Trader Rocko Calls for USTC Integration

Terra Casino Adds FLOKI, Trader Rocko Calls for USTC Integration

Oct 25, 2024 pm 04:54 PM
terra classic FLOKI Deposits TerraCasino

Terra Casino, a decentralized gambling platform on the Terra network, recently announced that users can now deposit FLOKI, a popular meme cryptocurrency

Terra Casino Adds FLOKI, Trader Rocko Calls for USTC Integration

Terra Casino, a decentralized gambling platform on the Terra network, has announced that users can now deposit FLOKI, a popular meme cryptocurrency, expanding the casino’s token offerings.

This move highlights the casino’s effort to integrate community-driven tokens alongside mainstream assets such as Bitcoin and Ethereum.

Trader Rocko’s Call for USTC Integration

Well-known crypto enthusiast Trader Rocko welcomed this development but used the opportunity to suggest another strategic step: the inclusion of USTC (TerraUSD Classic). He noted that while the FLOKI addition is positive, it would be more impactful to see USTC — formerly a stablecoin — added to the platform. His reasoning points towards increasing demand for USTC as a crucial factor in plans to restore its peg, which broke in May 2022.

The collapse of the original Terra ecosystem, sparked by the de-peg of UST (the algorithmic stablecoin), had a significant impact on the crypto market. Since then, efforts have been underway to revive USTC’s stability through community proposals and token burns.

Rocko’s comment suggests that integrating USTC into TerraCasino would boost its use case, helping to increase demand, which is essential for any attempts at re-pegging.

We are on twitter, follow us to connect with us :- @TimesTabloid1

— TimesTabloid (@TimesTabloid1) July 15, 2023

Increasing Utility for USTC: A Path Toward Recovery?

The repeg of USTC has been a contentious topic among members of the Terra community. Many believe that increasing liquidity and real-world utility for USTC is critical for its future. Rocko’s suggestion aligns with this perspective, as bringing USTC to platforms like TerraCasino could strengthen its ecosystem through increased transactions and visibility.

A repeg could potentially restore some of the confidence lost after the Terra crash, but such plans require robust demand and practical use cases for the token. Hence, Rocko’s proposition serves as a strategic reminder to the Terra community that utility must drive recovery efforts.

Expanding its token acceptance is part of TerraCasino’s broader goal of engaging with various crypto communities and enhancing the user experience. The platform already supports a range of core tokens, such as Bitcoin, Ethereum, and Binance Coin, as well as several community tokens.

As Rocko pointed out, adding USTC could further these efforts by aligning with the interests of Terra’s dedicated community members, who are keen to see the ecosystem grow through sustainable and meaningful innovations.

The content presented in this article does not constitute financial advice. Readers are strongly advised to conduct their own thorough research before making any investment decision. Any actions taken by the reader are entirely at their own risk, and we will not be held liable for any financial losses.

The above is the detailed content of Terra Casino Adds FLOKI, Trader Rocko Calls for USTC Integration. For more information, please follow other related articles on the PHP Chinese website!

Statement
The content of this article is voluntarily contributed by netizens, and the copyright belongs to the original author. This site does not assume corresponding legal responsibility. If you find any content suspected of plagiarism or infringement, please contact admin@php.cn
Tokenized Treasuries Near $6B Milestone, Led by BlackRockTokenized Treasuries Near $6B Milestone, Led by BlackRockApr 19, 2025 am 11:44 AM

The value of blockchain-based U.S. Treasuries is closing in on a new milestone, with total holdings approaching $6 billion.

title: Canary Capital Is Launching a TRX-Tracking ETFtitle: Canary Capital Is Launching a TRX-Tracking ETFApr 19, 2025 am 11:42 AM

Canary Capital is looking to launch an exchange-traded fund (ETF) tracking the price of Tron's native token, TRX, according to a filing.

Solana Stablecoin Market Cap Hits Record $12.73 Billion as Sui Supply Reaches $800M with $60M InflowsSolana Stablecoin Market Cap Hits Record $12.73 Billion as Sui Supply Reaches $800M with $60M InflowsApr 19, 2025 am 11:40 AM

The stablecoin market has surpassed a total capitalization of $233 billion. Within this sector, Solana's stablecoins have reached a new all-time high market capitalization of $12.73 billion

Canary Capital Files for Staking TRX ETF, Targeting Launch Before Spot Bitcoin ETFsCanary Capital Files for Staking TRX ETF, Targeting Launch Before Spot Bitcoin ETFsApr 19, 2025 am 11:38 AM

Canary Capital is looking to get the U.S. Securities and Exchange Commission's sign-off for an exchange-traded fund that would track the Tron token TRX and has a staking component.

MoonPay CEO Ivan Soto-Wright calls on US lawmakers to leave a path open to state-level regulators when passing legislation on stablecoinsMoonPay CEO Ivan Soto-Wright calls on US lawmakers to leave a path open to state-level regulators when passing legislation on stablecoinsApr 19, 2025 am 11:36 AM

In an April 18 X post, Soto-Wright said he wanted Congress to “keep state-regulated issuers in the game” when it comes to stablecoin regulation, referencing efforts in the House of Representatives and Senate to create a federal regulatory framework.

Michael Saylor Dissects the Philosophy and Technological Potential of Bitcoin in '21 Truths of Bitcoin'Michael Saylor Dissects the Philosophy and Technological Potential of Bitcoin in '21 Truths of Bitcoin'Apr 19, 2025 am 11:34 AM

Saylor's ideas centre on the fixed 21 million coin supply of Bitcoin. He presents this shortage as a revolutionary economic idea rather than only a technical one.

Official Trump (TRUMP) memecoin unlocked 40 million tokens, worth around $300 millionOfficial Trump (TRUMP) memecoin unlocked 40 million tokens, worth around $300 millionApr 19, 2025 am 11:32 AM

The TRUMP memecoin has gained significant popularity on the Solana network primarily due to its direct affiliation with the U.S. President Donald Trump.

TRUMP (TRUMP) memecoin unlocks 40 million tokens, worth around $300 millionTRUMP (TRUMP) memecoin unlocks 40 million tokens, worth around $300 millionApr 19, 2025 am 11:30 AM

The TRUMP memecoin has gained significant popularity on the Solana network primarily due to its direct affiliation with the U.S. President Donald Trump.

Hot AI Tools

Undresser.AI Undress

Undresser.AI Undress

AI-powered app for creating realistic nude photos

AI Clothes Remover

AI Clothes Remover

Online AI tool for removing clothes from photos.

Undress AI Tool

Undress AI Tool

Undress images for free

Clothoff.io

Clothoff.io

AI clothes remover

Video Face Swap

Video Face Swap

Swap faces in any video effortlessly with our completely free AI face swap tool!

Hot Tools

MantisBT

MantisBT

Mantis is an easy-to-deploy web-based defect tracking tool designed to aid in product defect tracking. It requires PHP, MySQL and a web server. Check out our demo and hosting services.

SAP NetWeaver Server Adapter for Eclipse

SAP NetWeaver Server Adapter for Eclipse

Integrate Eclipse with SAP NetWeaver application server.

MinGW - Minimalist GNU for Windows

MinGW - Minimalist GNU for Windows

This project is in the process of being migrated to osdn.net/projects/mingw, you can continue to follow us there. MinGW: A native Windows port of the GNU Compiler Collection (GCC), freely distributable import libraries and header files for building native Windows applications; includes extensions to the MSVC runtime to support C99 functionality. All MinGW software can run on 64-bit Windows platforms.

PhpStorm Mac version

PhpStorm Mac version

The latest (2018.2.1) professional PHP integrated development tool

Atom editor mac version download

Atom editor mac version download

The most popular open source editor