LUNA is a governance token, and it also pegs Terra's value to other stablecoin. CryptoSlots - 25 Free Spins at CryptoSlots. Open an online account. In May 2022, UST lost its peg and collapsed. Like the smart contract above it was launched before the crash and therefore was launched with values that reflect the name Luna and Wrapped Luna Token yet they have been updated ( token project information ) and on the frontend, as Wrapped Luna Classic token. The original Terra has rebranded to Terra Classic and new chain is created with the existing Terra name. Buy on Crypto.com App It has . What is $LUNC (Terra Classic)? Any use or reliance on our content is solely at your own risk and discretion. The Terra network achieves price stability by algorithmically adjusting its supply based on fluctuations in demand. Kwon previously founded and served as CEO of Anyfi, a startup providing decentralized wireless mesh networking solutions. UST tx fees from Terra to Harmony as of 2021-07-12) LUNA is the native token of the Terra platform and used to issue stablecoins, as a price stability mechanism, staking and network governance. I can get it via the bank API in terra.js. For MetaMask wallets, this will be either BSC or Ethereum. All rights reserved, We use cookies to offer you a better browsing experience, analyze site traffic, personalize content, and serve targeted advertisements. SSV News Today, XYO THE LAST CHANCE ON THIS DATE XYO LATEST PRICE PREDICTION & LATEST NEWS 2023, XYO Price Analysis! The essence of the plan is to split the current blockchain through forking, which created a new chain in the ecosystem, preserving the previous version. What is luna's smart contract address. The new LUNA tokens were airdropped to existing holders of LUNA and UST before the depeg and subsequent crash occurred. Arbitrageurs can then swap $1 US dollar worth of Luna in exchange for 1 TerraUSD and stand to profit. As of September 2021, it offers stablecoins pegged to the U.S. dollar, South Korean won, Mongolian tugrik and the International Monetary Fund's Special Drawing Rights basket of currencies and it intends to roll out additional options. by Admin Posted on June 18, 2022. This is to align the interest of validators with the long-term success of the Terra ecosystem. Join Our Community This is a statistical representation of the maximum market cap, assuming total number of 6.9 Trillion ETH tokens are in circulation today. More information on Luna and its rewards can be found in Terras Docs website, as well as in its whitepaper. Blockchain. She has the following tokens in her account. Generally, Telegram: https://t.me/everything_cryptos 39,204,070,870.6796 Grove_Dividend_Tracker, Private Name Tags (up to 35 characters) can be used for easy identification of addresses. Informations provided in this video does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Thank you for your submission on r/TerraLUNA, Join Terra Ecosystem Subreddits: r/Astroport (Next-Generation AMM on Terra), r/ValkyrieProtocol (Rewardable ecosystem for campaign creators & participants), r/StarTerra (Gamified Launchpad for Terra), r/OrionMoney (Launching your stablecoin yields into orbit). The UST stablecoin algorithm created trillions of LUNA tokens, fell into a hyperinflationary spiral, and reduced the value of the original LUNA token by 99%. Search Overview Exchanges Donations Bridges Contracts Address; Binance - Main/Withdraw - Legacy Binance - Main/Withdraw Binance - Deposits KuCoin - Main/Withdraw . It supports Terra's stablecoins and payment processing systems. The current signing data is based on last 8 hours of blocks produced in network. So long as there is a certain level of demand within the Terra ecosystem, either driven by Lunas value or Terras transactions, the exchange of value between both assets preserves stability and mitigates volatility. It's also important to know that LUNA is the cryptocurrency of Terra and is used to power the proof-of-stake blockchain. LUNA Terra-0.90% $ 0.00 0 . to be first to know all tricks and updates, Export Block 7790000 [20220527, 00:38:08+08:00]) is reached. However, in providing network security and validation, Luna holders and stakers are exposed to the price risks associated with the asset. Dont Miss Out: Get Your Gala Before Its Too Late! To do so, you should: Open the MetaMask wallet and select the wallet in question. With cryptocurrency, things are different. Discover Terra. XYO Price Prediction! Fueled by a passionate community and deep developer talent pool, the Terra blockchain is fully community-owned and built to enable the next generation of Web3 products and services. Enter the amount that you wish to transfer. Others are expected to follow soon. | Built by the same team behind Etherscan | Donate. Terra Luna Contract Address. CoinCarp(CC) provides Crypto Price Tracking, Exchange Ranking, Crypto Wallet Ranking, Crypto Data Analysis, and Crypto News & Information. Luna is the reserve currency of the Terra platform. Discover all things Terra . You will receive an email with instructions for how to confirm your email address in a few minutes. 500 Terra (LUNA) is a public blockchain protocol that emerged from Terra Classic. That's what I said, although I said checksum instead of byte code. (e.g. It examined its economic model to test against market manipulation, its architecture and its coding language. Terra is a decentralized financial payment network that rebuilds the traditional payment stack on the blockchain. It attempted to combine the price stability and wide adoption of fiat currencies with the censorship-resistance of Bitcoin (BTC) and offer fast and affordable settlements through its UST stablecoin. The phoenix-1 Terra mainnet launch was seen as a new era of development by the Terra community. We're sorry but secretnodes-vue doesn't work properly without JavaScript enabled. Wrapped LUNA Token is traded on exchanges. He has also worked as a software engineer for Microsoft and Apple. IT'S FREE! Both versions of the token have the right to exist as a result of the implementation of a proposal called Terra Ecosystem Revival Plan 2. Image Credit: Keplr Wallet. FatMan, a Twitter-based Terra community whistleblower, has not ceased coming out with fresh allegations against Do Kwon and Terraform Labs, the firm behind the development of the Terra blockchain. Terra Classic is home to the algorithmic stablecoin TerraClassicUSD (UST). The LUNA token and UST are mutually dependent, as the success of the Terra ecosystem is a function of the adoption of UST as a stablecoin. Likewise, should the price of 1 TerraUSD drop below its $1 US dollar target, the protocol will decrease the supply of the stablecoin. Terra token support [Ethereum] Deploy WrappedToken Contract and do verify the contract code by Admin Posted on June 18, 2022. Terra is a blockchain protocol that uses fiat-pegged stablecoins to power price-stable global payments systems. LUNA 2.0 is currently $2.44 per token. Currently, TerraUSD (UST) stablecoin is for the Terra ecosystem and also other blockchain systems such as Solana through Mirror Protocol. There will be no Terra stablecoins on the new chain. Luna (LUNA) ERC20 Token in Binance Smart Chain Mainnet. Terra Classic is up 0.64% in the last 24 hours. Contract Addresses # Terra 2.0 # Phoenix-1 Mainnet # Token code id: 4 Factory contract address: terra1466nf3zuxpya8q9emxukd7vftaf6h4psr0a07srl5zw74zh84yjqxl5qul . Next Contract Address In Trust Wallet. This represents a 0.70% price increase in the last 24 hours and a -0.70% price decline in the past 7 days. Wrapped LUNA Token had an all-time high of $116.51 11 months ago. As the community migrates to the new chain, most of the popular Terra Classic projects will be joining them, including: Built with interoperability in mind, Terra will be the gateway to the wider Cosmos ecosystem and beyond. EDIT:I figured out that you don't need to query a Smart Contract to get LUNA's price. Anonymous play on awesome games - sign up now for 25 free jackpot spins - worth $100s! Secure Smart Contract Platform. Please visit this. Chainy is a smart contract which allows to create and read different kind of data in Ethereum blockchain. Formula = SUM(MIN(users aUST balance, 500k)) TFL wallets UST Supply, Formula = UST Supply TFL wallets UST Supply, Formula = LUNC Supply TFL wallets LUNC Supply, Formula = aUST allocation / Eligible Pre-attack aUST Supply, Formula = LUNA allocation / Eligible Pre-attack LUNC Supply, Formula = LUNA allocation / Eligible Post-attack LUNC Supply, Formula = LUNA allocation / Eligible Post-attack UST Supply, Pre-attack aUST holders airdrop ratio x User pre-attack eligible aUST holdings, + Pre-attack LUNC holders airdrop ratio x User pre-attack LUNC holding, + Post-attack LUNC holders airdrop ratio x User post-attack LUNC holding, + Post-attack UST holders airdrop ratio x User post-attack UST holding. For instance, if the price of 1 TerraUSD (UST) is above its $1 US dollar peg, the protocol must compensate by increasing the supply of UST. Didn't receive confirmation instructions? It mints Luna and sells them on the open market. Please contact the moderators of this subreddit if you have any questions or concerns. How to buy BNB Smartchain: https://youtu.be/eBqepacSV2k On the flip side, the value of LUNA can also decrease if UST is perceived as unstable. The protocol thus serves as a market-maker for Terra/Luna swaps. I am a bot, and this action was performed automatically. In addition to tracking price, volume and market capitalisation, CoinGecko tracks community growth, open-source code development, major events and on-chain metrics. Furthermore, vested LUNA distributed during the airdrop will be automatically staked to Terra validators. It mints some of the stablecoin and sells them on the open market. Crypto Market Update, XYO ARE WE GOING TO SEE A NEW TARGET HERE IS WHY?? If you would like to know where to buy Terra Classic at the current rate, the top cryptocurrency exchanges for trading in Terra Classic stock are currently Binance, BingX, OKX, Deepcoin, and Bybit. This website (the "Site") is an information aggregator relating to an Astroport smart contract system on Cosmos blockchains. The Terra protocol runs on a Proof of Stake (PoS) blockchain, whereby miners must stake their Luna in order to mine transactions. records up to. Read a full breakdown of the Terra crash here. Where to Buy, Sell and Trade Terra aka LUNA. Block signing color codes: Red - Validator is signing less than 90% blocks in last 8 hours. The LUNA coin price is 0.0002 USD, total supply is 289118693869.11. You should conduct your own research, review, analyse and verify our content before relying on them. Alternatively, this pages markets tab also has a list of all the exchanges which currently trade Luna pairs. Will it succeed this time? Token display limit reached. Kwon previously founded and served as CEO of Anyfi, a startup providing decentralized wireless mesh networking solutions. 1. XYO Price Prediction. By continuing to visit this site you agree to our use of cookies. I'm a new investor on Luna and I fully understand how it works but I'm a bit concern on who is holding the majority of the Luna token. The coin's value tumbled dramatically on Wednesday, falling from around $6.75 to just over $1.. Terra Luna Classic Topluluu Kabul Etti: Teklifler 11242 ve 11243 Detaylar! According to my research 380M is in circulation and on Terraform labs hold 313M Luna which means 82.6 percent of the circulating Luna. Token is implemented as ERC20 smart contract with address 0xba1e47021877a8dbbad5470d98c570859aa5c8d9 . UST Classic never recovered its peg. Emergency allocation to app developers: 0.5%. After the collapse of Terra Classic, Do Kwon issued a revival plan that eventually led to the hard fork of Terra Classic and Terra. You will need to approve both. var _wau = _wau || []; _wau.push(["map", "6ij5bybmsb", "v5x", "100", "50", "neosat", "cross-brown"]); NFT for Dummies: All You Need to Know about Non-Fungible Tokens Latest Cryptocurrency Prices & Articles, Cloudbit Classic Next generation security peer to peer innovative Digital Journal, EffectiveDAO Holds NFT Auction to Onboard its First Set of Collaborators, Chainlink Weekly Roundup: StarkNet, TrueUSD, Radiant, ETHDenver BSC NEWS, Arbitrums Surpasses Ethereum in Daily Transactions BSC NEWS, SpaceCatch Arrives with Innovative Move-to-Earn Model BSC NEWS, Weekly Article Recap: 2/20-2/24 BSC NEWS, IceCreamSwap Unveils Liquid Staking on CORE BSC NEWS, Meet WorkforcePool, The First Freelance Marketplace on Pi Network BSC NEWS, MetaMask Adds Optimism and Arbitrum to Its Bridging Network Count BSC NEWS, Gelato and Safe Bring Account Abstraction to Exciting New L2 Base BSC NEWS, How IBM and Budblockz Can Truly Enhance Supply Chain Using The Coin Republic, After Migration Exploit, FEG Token Team Ponders Next Steps BSC NEWS, SocialPass Becomes Ticketing Partner for Pudgy Penguins BSC NEWS. Learn more about the impacts from Terra's fallout, and updates on Optimism's latest developments. The live Terra price today is $1.73 USD with a 24-hour trading volume of $48,897,817 USD. It will keep building with the help of the LUNA community dubbed LUNAtics and evolve the world-class UX and UI that brought Terra Classic up to second place in total value locked (TVL) at its peak. $LUNC existed before the launch of the new chain now branded Terra (LUNA) and works with the original code of the Terra ecosystem. Here are some other articles that you may be interested in: 2023 CoinMarketCap. Development on Terra began in January 2018, and its mainnet officially launched in April 2019. The full distribution schedule can be found below. Prev Payz Contract Address. HRC721 Tokens on Harmony Explorer . At Genesis, 30% of the LUNA airdrop will be immediately available to Pre-Attack users with wallets that had less than 10k LUNA (including staking derivatives) or deposited UST in Anchor, and Post-Attack users with any quantity of LUNA (including staking derivatives), UST, or both. CoinGecko may be compensated when you sign up and trade on these affiliate platforms. Moreover, all network stablecoins (UST, KRT, EUT) have been renamed to Terra Classic stablecoins (USTC, KRTC, EUTC). Crypto project Terra is buying billions in bitcoin to support UST, a controversial stablecoin. Portal is a bridge that offers unlimited transfers across chains for tokens and NFTs wrapped by Wormhole. The strength of the #LUNAtics has been amazing. To learn more about Terras price peg and the role that Luna plays in this mechanism, you can check out Terras stability mechanism page or its whitepaper. Profit seekers can then exchange 1 UST for $1 US dollar worth of Luna and pocket the difference. 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( UST ) stablecoin is for the Terra crash here support [ Ethereum Deploy... Play on awesome games - sign up now for 25 free jackpot spins worth! Labs hold 313M LUNA which means 82.6 percent of the Terra crash here fluctuations in demand - $!
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