Terra's stablecoins maintain value via elastic monetary policy.
Terra (LUNC) is a blockchain protocol stabilizing cryptocurrency prices via stablecoins and staking. It features Mirror and Anchor DeFi protocols.
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What is Terra Classic (LUNC)?
Terra is a blockchain protocol that introduces an innovative solution to cryptocurrency volatility. Established by the Korean company Terra Labs in 2018, it addresses the common issue of price fluctuations that hinder cryptocurrency adoption as a means of exchange or transactional currency. Terra develops and supports stable payments and open financial infrastructure through an elastic monetary policy that creates stablecoins pegged to various fiat currencies. The Terra blockchain is powered by the LUNA token, which also functions as a governance and staking token that supports Terra's stablecoins and payment systems. Terra’s architecture enables the creation of self-stabilizing stablecoins and other unique features. The platform offers a range of stablecoins linked to fiat currencies, inc...
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Terra Classic price live information
As of now, Terra Classic is trading at 0.000067 USD, with a 24-hour trading volume of approximately 2.61M USD. The LUNC to USD price is updated in real time. Over the past 24 hours, Terra Classic has increased by 9.98%. It remains the top-ranked cryptocurrency on CMC.IO, with a market capitalization of about 364.17M USD. Currently, there are 5 435 307 188 419.81 LUNC in circulation out of a maximum supply of 6 498 904 449 057.244 LUNC.
CMC.IO provides a fundamental analysis of the crypto market. In addition to tracking price, volume and market capitalization, CMC.IO tracks community growth, open-source code development, major events and on-chain metrics.
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