Terra Luna Classic AUD (CRYPTO: LUNC)

LUNC, previously Luna, is the original token of the Terra blockchain, renamed Terra Classic after governance proposal 1623 by the Terra community, following the UST depegging event. This original chain, with disabled market swaps (mint/burn function), is represented by LUNC. It serves as the native staking asset in the Terra Classic network, securing its Proof of Stake (PoS) system and facilitating governance participation. Despite the creation of a new Terra chain, LUNC remains functional within the Terra Classic ecosystem, acting as collateral for its stablecoins and earning transaction fee rewards. The development of LUNC, as part of the broader Terra blockchain ecosystem, was heavily influenced by the Terra community, especially post-UST depegging, through key governance decisions and rebranding initiatives. Terra, the ecosystem's founding platform, was co-created by Do Kwon and Daniel Shin, marking a significant collaboration in the cryptocurrency world.

$0.00 $0.00 (10.6%) Thursday, February 29, 2024 at 4:30:50 p.m. Eastern Standard Time

Fundamentals Terra Luna Classic

Last updated Feb 29, 2024, 04:30:50pm EST
Current Price $0.00
Change $0.00 (10.6%)
Close Price $0.00
Open Price $0.00
Bid $0.00
Ask $0.00
Day Range $0.00 - $0.00
Year Range $0.00 - $24.80
Volume 13,262,635,516
Average Volume 35,442
Market Cap $952,988,177.37

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