The Terra project was launched in 2018 by Terraform Labs from South Korea as a competitor to the traditional financial system. DeFi can be used to create cryptocurrencies with stable prices based on the proprietary LUNA token.
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Project | |
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Project token | LUNA, UST |
Official website | |
Social network | |
Head Office | 80 Raffles Place, #32-01 Uob Plaza, Singapore, 048624 |
Types of support | ForumHelp CenterDiscordTwitterTelegram |
Communities | |
Languages | English |
Founder | Daniel Shin, Do Kwon |
Company owner | Terraform labs PTE.LTD |
Current price | 53.16 USD |
Market capitalization | 21212005133 USD / +3.85% |
Trading volume 24 h | 916772278 USD / +44.34% |
Circulating supply | 399042218 LUNA |
Price History 7 days. | From 43.91 to 54.77 USD |
Price History 30 days. | 35.04 USD |
Free version | Open Source Project |
Features of cryptocurrency | Terra blockchain master control token, based on the Tendermint engine |
How to get | Investments, trading, pharming, buying on cryptocurrency exchanges |
Ways to earn money | Farming, Investing, Stacking, Loan origination, Liquidity supply, Profitable currency exchange |
Project Analogs | THORChain.org, Solana, Chainlink, JUST et al. |
Crypto exchanges | |
Purses | |
Growth factors | Total demand for tokens, External investment, Increased interest in the project, The growing popularity of DEX, Network updates |
Risks | The emergence of fake tokens, Loss of invested assets, Possible cyberattacks, Fraudulent smart contracts |
Project Features | A peer-to-peer blockchain protocol that creates programmable coins for online interaction via an oracle system and smart contracts |
Age restrictions | From 18 yearsFor financial transactions |
Additional features | Merchandise store, Employment, TerraSwap external exchange, Mirrored Assets for shares, Spectrum Yield Optimizer |
Lending | Yes |
Steaking | Yes |
Farming | Yes |
Advantages | Got your own Stablecoin Decentralized project Working across multiple blockchains, integrations Variety of tools available High speed of internal transactions |
Disadvantages | Low popularity of the project on the European market Roadmap without updates |
Project duration | 3 years |
Number of users | 2000000+ |
API | |
Source code | |
White Paper | |
Company requisites | Legal name: Terraform labs PTE.LTD Legal address: 80 Raffles Place, #32-01 Uob Plaza, Singapore, 048624 |
Overall assessment | 4/10 |
Date of update | December 13, 2024 |
Address
80 Raffles Place, #32-01 Uob Plaza, Singapore, 048624
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