Introduction to Terra on Ledger
Terra is a blockchain ecosystem powering algorithmic stablecoins like UST and the LUNA token. By connecting your Ledger to Terra through Ledger Live, you gain:
- Military-grade security for LUNA and UST
- Direct access to Terra’s DeFi ecosystem
- Staking rewards (~6-8% APY for LUNA)
- Full self-custody of your assets
- Cross-chain compatibility via Wormhole bridge
Note: After the Terra collapse, the network split into Terra Classic (LUNC) and Terra 2.0 (LUNA). This guide focuses on Terra 2.0.
Please download the last update of Ledger Live Application:
1. Ledger Live for Windows 10/11
2. Ledger Live for MAC
3. Ledger Live for Android
Prerequisites
Before starting, ensure you have:
- ✅ Ledger Nano S/X/S Plus (updated firmware)
- ✅ Latest Ledger Live (download)
- ✅ At least 1 LUNA (for staking/transactions)
- ✅ Terra Station wallet (for full functionality)
Step 1: Install Terra App on Ledger
- Connect and unlock your Ledger
- Open Ledger Live → Manager
- Search and install:
- Terra (for LUNA)
- Cosmos (required for some functions)
🔐 Security Alert: Only install apps through Ledger’s official Manager.
Step 2: Connect to Terra Station
Since Ledger Live has limited Terra support:
- Install Terra Station (official wallet)
- Select “Connect” → “Ledger”
- Choose between:
- Terra Classic (LUNC)
- Terra 2.0 (LUNA)
- Verify address on Ledger display
Step 3: Receive LUNA/UST
- In Terra Station:
- Click “Receive”
- Verify address on Ledger
- Share your Terra address (starts with “terra1…”)
- Transactions confirm in ~6 seconds
⚠️ Important: Always verify addresses on your Ledger screen.
Step 4: Stake LUNA for Rewards
- In Terra Station:
- Navigate to “Stake”
- Select validator (research carefully)
- On Ledger:
- Confirm delegation amount
- Verify validator address
- Earn rewards (~6-8% APY) paid in LUNA
Validator Tips:
- Check commission rates (<10%)
- Monitor uptime history
- Avoid exchange validators
Advanced Terra Features
Using Terra DeFi
- Connect Ledger to:
- Astroport (DEX)
- Anchor Protocol (savings)
- Mars Protocol (lending)
- Confirm all transactions on Ledger
Cross-Chain Transfers
- Use Wormhole Bridge for:
- Ethereum ↔ Terra
- Solana ↔ Terra
- Avalanche ↔ Terra
- Always verify bridge addresses
Governance Participation
- Vote on Terra governance proposals
- Earn potential airdrops
- Shape network recovery
Troubleshooting Guide
Issue | Solution |
Connection failed | Try different USB cable |
Balance not showing | Resync Terra Station |
Staking inactive | Ensure minimum 1 LUNA |
Transaction stuck | Increase gas slightly |
Security Best Practices
- Always verify transactions on Ledger
- Bookmark official Terra sites
- Never share recovery phrase
- Use separate accounts for DeFi/staking
- Keep firmware updated
Why Use Ledger with Terra?
✅ Protection from smart contract risks
✅ Earn yield while keeping keys secure
✅ Participate in Terra’s rebuild
✅ Full control over assets
Conclusion
While Ledger Live has limited direct Terra support, connecting through Terra Station gives you secure access to:
- LUNA staking
- UST transactions
- Terra DeFi ecosystem
- Cross-chain bridges
Next Steps:
- Install Terra app on Ledger
- Connect to Terra Station
- Start staking LUNA
Resources
Rebuild Terra’s ecosystem securely with Ledger! 🔒🌍