Terra Console for accuracy
Review the existing Terra console for accuracy in FlipSideCrypto for Terra users. Overview: Terra is a public blockchain protocol deploying a suite of algorithmic decentralized stablecoins which underpin a thriving ecosystem that brings DeFi to the masses.
There is some essential information for Terra users. The description on this console should cover all communities. In such a way that ordinary people with low literacy can be informed about the performance of the Terra network and in a way that they can be attracted to work in the network.
Essential Information: 1- First of all, In the Terra console in the Financial Data tab and in the Variance from Peg (UST) or other stable coins section, the threshold of the 1: 1 mode and the duration of this distance must be specified. As you said, if one stable coin shifts substantially away from its 1:1 peg with its national counterpart for a long period of time, the entire ecosystem can be put at risk. So if there is an answer to HOW LONG PERIOD, it is better to determine it.
2- The second piece of information is about the automatic performance of the Terra network for some stable coins. We know in Terra, according to some economic stimulus, is run some algorithms in stabilizing the price of currencies in a ratio of 1: 1 in comparison with the real (national) currency of countries, so it should be explained in a simple way.
3- In addition, the cause of the variance in the stable coins of the network must be determined and how the network's special Terra and coin, namely Luna, will deal with this variance. As we know, eliminating these variances will create an attractive arbitrage for traders.
4- Finally, in the Terra console, the speed and number of transactions, as well as its comparison with other competing networks such as Solana and Ethereum, should be visually displayed to users.
In the above Tabel and Graph, you can see the number of Terra Network Transactions Grouped by Date (The Beginning to the Present). and in the below, the number of Solana Transaction in accordance with the period of operation of the Terra network is plotted.
Conclusion:
When you look at these two graphs, you will see how different they are between the number of transactions per day on the Terra and Solana networks.