LUNA
Terra Luna
$0.00000000AUD
Market Cap
423.8M AUD
24hr Trade Vol.
77.7M AUD
Total Supply
687.7M
All
1W
1M
1Y
Basic chart
Advanced chart
Price Change
24H:
0.00%
7D:
+0.00%
Instant
Stop Loss
Take Profit
Sell Terra Luna
AUD Balance: -
Sell Amount
Switch to AUD
LUNA
≈ $0.00 AUD
Information
Transactions
Sign up & Receive $10 in BTC
FREE

Sell Terra Luna LUNA

LUNA is the native token of the Terra network. Terra is a decentralised financial network that allows for the creation of decentralised applications and cross-chain stablecoins. Terra was built using the Cosmos SDK by Terraform Labs, which was created by the Terra Alliance. The Terra Alliance is a conglomerate of 15 e-Commerce companies in the Asia-Pacific region. LUNA is used for minting stablecoins on the Terra network. When a user of the network wants to create a stablecoin, they must burn the equivalent amount of LUNA to mint the stablecoin. This can also be done in the opposite direction, allowing for the minting of LUNA through burning the equivalent amount of stablecoins. This system ensures that Terra stablecoins always maintain their fiat peg due to arbitrage incentives. LUNA is also used for governance of the Terra network and staking.

Related Assets

ETH

Ethereum
-

ADA

Cardano
-

AVAX

Avalanche
-

SUI

SUI
-

DOT

Polkadot
-

NEAR

Near Protocol
-

APT

APTOS
-

CRO

Cronos
-

HBAR

Hedera Hashgraph
-

ICP

ICP
-

ETC

Ethereum Classic
-

KAS

Kaspa
-

TAO

Bittensor
-

STX

Stacks
-

ARB

Arbitrum
-

MNT

Mantle
-

ATOM

ATOM
-

OP

Optimism
-

TIA

Celestia
-

SEI

SEI
-

Frequently Asked Questions (FAQs)