TERRA

One of the most decentralized chains ever launched

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Overview

Terra Luna Classic is an open-source blockchain hosting a vibrant ecosystem of decentralized applications (dApps) and top-tier developer tools. Using proof-of-stake consensus and ground-breaking technologies like Mantlemint, Terrain, and Terra Station, the Terra blockchain is one of the fastest chains in existence, giving users an unparalleled DeFi experience. As a permissionless, borderless economy, Terra enables next-generation financial products accessible to anyone with an Internet connection. 
On May 25th, 2022, Terra Classic users passed governance proposal 1623, which outlined the genesis of a new Terra chain. 
The Terra blockchain is secured using a proof-of-stake consensus algorithm based on Tendermint, in which LUNA token holders stake their tokens as collateral to validate transactions, receiving rewards in proportion to the amount of LUNA staked.
Unable to retrive token detail
Terra's native token, LUNA, is used to stabilize the price of the protocol's stablecoins. LUNA holders are also able to submit and vote on governance proposals, giving it the functionality of a governance token.
Current Price:$0.00010697
Market Cap:$620,562,882 (#137)
Volume (24h):$26,786,788
Circulating Supply:5,801,292,401,509
Total Supply:6,794,520,856,957
All-Time High:$119.18 (4/5/2022)
Last Update:May 07, 2024 09:57:55
More Info:CoinGecko
Terra USD (UST) is an algorithmic stablecoin that is pegged to the US Dollar by Terra LUNA.
Current Price:$0.02105
Market Cap:$188,324,850 (#309)
Volume (24h):$28,900,536
Circulating Supply:8,949,430,582
Total Supply:9,784,317,475
All-Time High:$1.09 (1/11/2021)
Last Update:May 07, 2024 09:57:55
More Info:CoinGecko

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Project Rating

We take the following into consideration when forming our opinion: White Paper, Team, Partners, Marketing, Use Case, Tokenomics, Market Size, Competitors, Roadmap, Technology, Progress to Date, Advisors and Board Members. Our rating is not intended to endorse or promote an investment in any specific cryptocurrency.

(3 out of 5)

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Blog

Explore the most recent news and updates on our blog. Find out about recent partnerships, updated roadmaps, staking and liquidity mining opportunities, upgrades, new team members and more. Also, be sure to check out Terra's full Medium page.

Feeds To Follow

Check out the feeds of some popular team members, supporters, followers, etc. of the Terra project.

Project Videos

Check out some notable videos from Terra's channel, including the Latest Video, Spotlight Video and an Intro Video if applicable. Also, be sure to check out Terra's main YouTube channel.

Latest Video
Spotlight Video
Intro Video

News & Updates

Check out the latest News from top sources and Updates from the team to keep up to date on the project.

Influencer/Misc Videos

Don't miss the top videos from knowledgeable crypto influencers who produce content about the Terra project.

Blockchain Friends

Below are some of the larger blockchain-related friends of the Terra project. This can include partners, forks, collaborations, and otherwise related projects.

Cosmos Project
Cosmos
An ever-expanding ecosystem of interconnected apps and services
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Avalanche Project
Avalanche
Open, programmable smart contracts platform for decentralized apps
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Osmosis Project
Osmosis
A decentralized peer-to-peer blockchain to create liquidity and trade
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Stock Photos

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