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Terra is a decentralised financial payment ecosystem that makes use of a basket of stablecoins that are stabilized via the use of the platform’s native crypto offering, “LUNA.” The ecosystem is geared towards the use of stablecoins for payment. As of December 2020, it has been used to facilitate around $300 billion worth of transactions for over 2 million users. LUNA can be earned through staking. It is the asset that powers Terra's DPoS (Delegated Proof of Stake) blockchain. It serves three primary functions: it allows users to participate in staking through delegating, it provides stability to the value of Terra stablecoins and it provides the platform’s validator nodes with various incentives for their time and effort.
Terra (LUNA) is the 65th largest cryptocurrency in the world by market cap, valued at $960,138,626. The current price of Terra is $0.0002082714, which is -18.597% lower than yesterday. Prices have ranged between $0.0002817706 and $0.0001995952 over the past 24 hours. All prices are listed in Australian dollars (unless otherwise noted) and accurate as of May 19, 2022 06:05 UTC.
| Coin symbol | LUNA |
|---|---|
| Coin Marketcap | AUD$960,138,626 |
| Total LUNA supply | 6,907,366,873,012 |
| Circulating LUNA | 6,533,514,481,607 |
| Current price | AUD$0.0002082714 |
| Notable team members | Daniel Shin, Do Kwon |
| Partnerships | Solana, Chai, Velo Labs, Axelar |
| Industry | Payments system |
| Token uses | Staking, price stability |
| Network | Terra |
Historical prices compared with the price of $0.0002082714.
| 1 hour | 0.35% |
|---|---|
| 24 hours | -18.60% |
| 7 days | -99.99% |
| 14 days | -100.00% |
| 30 days | -100.00% |
|---|---|
| 60 days | -100.00% |
| 200 days | -100.00% |
| 1 year | -100.00% |
![Did Ethereum Name Service [ENS] revenue stream hit a record high in May](https://images.cryptocompare.com/news/default/ambcrypto.png)
Disclaimer: Cryptocurrencies, including Terra, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of LUNA is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the Terra or any other cryptocurrency discussed.
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