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LUNC Price
$0.00010
+0.04%
24H Price Chart
Market Cap
$645.14M
24H Volume
$96.08M
Circ Supply
6.58T
Table of Contents

Source: LUNCUSD Chart by TradingView

Terra Classic News

About Terra Classic

Terra is a blockchain protocol that uses fiat-pegged stablecoins to power price-stable global payments systems. According to its white paper, Terra combines the price stability and wide adoption of fiat currencies with the censorship-resistance of Bitcoin (BTC) and offers fast and affordable settlements.

Development on Terra began in January 2018, and its mainnet officially launched in April 2019. As of September 2021, it offers stablecoins pegged to the U.S. dollar, South Korean won, Mongolian tugrik and the International Monetary Fund’s Special Drawing Rights basket of currencies — and it intends to roll out additional options.

Terra’s native token, LUNA, is used to stabilize the price of the protocol’s stablecoins. LUNA holders are also able to submit and vote on governance proposals, giving it the functionality of a governance token.

Terra Classic Technology

Blockchain Own Blockchain
Consensus Delegated Proof of Stake (dPoS)
Hash Algorithm Unknown
Org. Structure Decentralized
Open Source Yes

Simetri LUNC Report

LUNC Network & Signals

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Terra Classic Exchanges

Terra Classic Organization & Team

Daniel Shin
Daniel Shin

Co-founder

Nicholas Platias
Nicholas Platias

Head of Research

Don Kim
Don Kim

Head of Business

Terra Classic Recent Tweets

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