LUNA
Terra
LUNA

Terra price

in USD
$0.09699
-- (--)
USD
Last updated on --.
Market cap
$66.76M #175
Circulating supply
687.66M / 1.08B
All-time high
$20
24h volume
$10.22M
Rating
1.4 / 5
LUNALUNA
USDUSD

About Terra

LUNA is the native cryptocurrency of the Terra blockchain, designed to facilitate stablecoin transactions and decentralized finance (DeFi) applications. Its core technology enables the creation of algorithmic stablecoins, such as TerraUSD (UST), which aim to maintain their peg to fiat currencies like the US dollar. LUNA plays a key role in stabilizing these stablecoins through a dynamic supply mechanism. Users can stake LUNA to secure the network and earn rewards, or use it to participate in governance decisions. While Terra has faced challenges, its ecosystem continues to evolve, offering tools for payments, savings, and DeFi. For new investors, LUNA represents a gateway to exploring blockchain-based financial innovations, though thorough research is always recommended.
AI insights
Layer 1
Official website
Block explorer
CertiK
Last audit: 4 Sept 2020, (UTC+8)

Terraโ€™s price performance

Past year
-72.09%
$0.35
3 months
-39.50%
$0.16
30 days
-30.13%
$0.14
7 days
-2.28%
$0.10
61%
Buying
Updated hourly.
More people are buying LUNA than selling on OKX
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Terra on socials

Phoenix Directive ๐ŸŒ•
Phoenix Directive ๐ŸŒ•
This week's top APRs on Terra Liquidity Alliance. Liquidity providers can earn these APRs by depositing via @eris_protocol ๐ŸŒ
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7 (Barbra)๐Ÿงช
7 (Barbra)๐Ÿงช
New campaign on @wallchain is one of ours on bitcoin @beyond__tech With 4% of supply going to top 125 mindshare contributors and 25 random from top 126 to 500. Epoch 1 ends Dec 8th with 2% of supply.
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Lofilee MOM ๐ŸŒŠRIVER ๐”ฝrAI
Lofilee MOM ๐ŸŒŠRIVER ๐”ฝrAI
[@stbl_official Information and chart analysis of the coin issued by this] $STBL (Governance Token, Govern function) Issuance method Total supply of 10B, initial FDV 500M For DAO governance Starting monthly buyback and burn of 1M USD Features Deflationary model $STBL rewards through MFS staking Perspective Value accumulation token โ€“ favorable for long-term holders due to buybacks However, recent price drop of -80% and insider allegations have increased volatility. There are plans to ease pressure with supply lock-up after TGE. Chart analysis Currently down about 80% from the peak and in a sideways trend A typical altcoin chart, and it seems insiders bought, raised, and then sold Now that itโ€™s not dropping further, it seems everyone who wanted to sell has sold, and I think they will gradually raise it again while doing buybacks If it gets added through Yapping, itโ€™s definitely a chart worth holding!
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Lofilee MOM ๐ŸŒŠRIVER ๐”ฝrAI
Lofilee MOM ๐ŸŒŠRIVER ๐”ฝrAI
[Learn about the core stablecoin 2.0 from @stbl_official] Stable 2.0 is the next-generation stablecoin model proposed by STBL, created to overcome the limitations of the existing Stablecoin 1.0 (centralized issuance). The key is the separation of principal and yield, allowing users to utilize stablecoins without sacrificing the yield generated from RWA. This upgrades stablecoins from mere value storage to income-generating assets. Key Innovations of Stable 2.0 Yield Separation Mechanism: When minting stablecoins backed by RWA, the principal is a stable stablecoin, while the yield is separated into a distinct token. This shifts the existing model, where issuers monopolize the yield, to a user-centric approach. This allows for an additional 10-15% yield through DeFi using the separate token. Automatic Stabilization: With a pegging maintenance mechanism, if the price of $USST falls below $1, the minting interest rate increases, and if it rises above $1, incentives are provided. This minimizes centralized intervention based on an algorithm. -> This is somewhat similar to $LUNA <-> $UST. Economic Model: 100% of protocol fees are used for $STBL buybacks, creating a deflationary effect. By staking $USST and $STBL together through MFS (Multi-Factor Staking), rewards are amplified. You can see Stable 2.0 as a shift from issuer-centric stablecoin issuance to a user/community-centric approach!!!!
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Terra FAQ

Terra (LUNA) and Terra Classic (LUNC) are two independent blockchains resulting from the collapse of the Terra ecosystem in 2022. Terra is the new fork, while TerraClassic is the original blockchain.

Terra vesting refers to a mechanism implemented to control the trading of LUNA tokens received through airdrops until a specified date. The vesting period is in place to prevent usersโ€™ who were airdropped the Terra 2.0 token from dumping the tokens on the open market.ย 

Easily buy LUNA tokens on the OKX cryptocurrency platform. Available trading pairs in the OKX spot trading terminal include LUNA/USDT and LUNA/USDC.

You can also swap your existing cryptocurrencies, including XRP (XRP), Cardano (ADA), Solana (SOL), and Chainlink (LINK), for LUNA with zero fees and no price slippage by using OKX Convert.

Currently, one Terra is worth $0.09699. For answers and insight into Terra's price action, you're in the right place. Explore the latest Terra charts and trade responsibly with OKX.
Cryptocurrencies, such as Terra, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX and their different attributes, which includes live prices and real-time charts.
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as Terra have been created as well.
Check out our Terra price prediction page to forecast future prices and determine your price targets.

Dive deeper into Terra

Following its inception, the Terra 2.0 ecosystem has launched 44 distinct projects encompassing various sectors, such as finance, non-fungible tokens (NFTs), and gaming.

Terra is an open-source blockchain platform fostering an extensive ecosystem comprising decentralized applications (dApps) and developer tools. Leveraging the underlying Cosmos (ATOM) blockchain framework, Terra has achieved remarkable speed, positioning itself as one of the swiftest blockchains available, capable of processing up to 10,000 transactions per second (TPS).

The Terra team

Daniel Shin and Do Kwon launched the original Terra project in January 2018. As a result of the 2022 collapse, Do Kwon issued a revival plan that led to the creation of Terra 2.0 and Terra Classic blockchains. Now, Terra is a community-owned blockchain where decisions are reached via decentralized voting.

How does Terra work

Following the blockchain fork in May 2022, Terra embarked on a new journey known as Genesis, where the network was built from scratch. Terraโ€™s primary objective is to construct a permissionless and borderless digital economy that can support the next wave of innovative financial products. Leveraging frameworks from the Cosmos blockchain, Terra has achieved a remarkable level of throughput, enabling high transaction processing capacity.

Terra maintains compatibility with the Cosmos ecosystem by retaining the Cosmos SDK (software development kit), empowering developers to create high-performance dApps on the Terra chain. To optimize and enhance the core functionality of the network, Terra employs a unique set of codes referred to as Mantlemint.

These codes enable Terra to deliver a fast and optimized experience, efficiently serving a substantial number of user queries. As outlined in the Terra white paper, a Mantlemint node is capable of performing three to four times more queries than a standard Secret Node.

In terms of consensus mechanism, Terra utilizes a distinctive approach called Tendermint, which relies on a proprietary Byzantine Fault Tolerant (BFT) Proof of Stake (PoS) infrastructure. This consensus mechanism leverages partially synchronous communication to ensure agreement among network participants, facilitating secure and efficient consensus within the Terra ecosystem.

The native token of the Terra 2.0 Ecosystem: LUNA

LUNA is the native token of the new Terra or Terra 2.0 blockchain. It is used for decentralized governance of the Terra 2.0 ecosystem. LUNA holders are given the right to vote on decisions that influence the future of the platform, making them stakeholders in Terra's ecosystem.

Disclaimer

The social content on this page ("Content"), including but not limited to tweets and statistics provided by LunarCrush, is sourced from third parties and provided "as is" for informational purposes only. OKX does not guarantee the quality or accuracy of the Content, and the Content does not represent the views of OKX. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly. The price and performance of the digital assets are not guaranteed and may change without notice.

OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances. For further details, please refer to our Terms of Use and Risk Warning. By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX and its affiliates (โ€œOKXโ€) are not in any way associated with the owner or operator of the TPW. You agree that OKX is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets. Product may not be available in all jurisdictions.
Market cap
$66.76M #175
Circulating supply
687.66M / 1.08B
All-time high
$20
24h volume
$10.22M
Rating
1.4 / 5
LUNALUNA
USDUSD
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