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LUNC Price
$0.00029
+4.83%
24H Price Chart
Market Cap
$1.79B
24H Volume
$497.48M
Circ Supply
6.15T

Source: LUNCUSD Chart by TradingView

LUNC Market Stats
  • Price $0.00029
  • 1H Change +1.87%
  • 24H Change +4.83%
  • 7 Day Change +11.21%
  • 30 Day Change +4.4%
  • 1 Year Change -100%
  • All-Time High $104.473
  • % From ATH -100%
  • ATH Date Mar 10, 2022
LUNC Explorer

Terra Classic Background

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

Terra Classic News

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 Market Intelligence

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All images, branding and wording is copyright of Terra Classic. All content on this page is used for informational purposes only. CryptoSlate has no affiliation or relationship with the coins, projects or people mentioned on this page. Data is provided by CoinMarketCap, Coinpaprika and TradingView.