Terra

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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.
Project
Project Token
LUNA, UST
Website
Social media
Date of foundation
2018
Head Office
80 Raffles Place, #32-01 Uob Plaza, Singapore, 048624
Types of support
Forum
Help Center
Discord
Twitter
Telegram
Communities
Languages
English
Founder
Daniel Shin, Do Kwon
The owner of the company
Terraform labs PTE.LTD
Current price
53.16 USD
Market capitalization
21212005133 USD / +3.85%
Trading volume 24 h
916772278 USD / +44.34%
Circulating Offer
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 make money
Farming, Investing, Stacking, Lending, Liquidity Supply, Profitable Currency Exchange
Project analogues
THORChain.org, Solana, Chainlink, JUST, etc.
Crypto exchanges
Wallets
Growth Factors
General demand for tokens, External investment, Increased interest in the project, Increased popularity of DEX, Network updates
Risks
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
Merch Shop, Employment, TerraSwap External Exchange, Mirrored Assets for stocks, Spectrum Yield Optimizer
Landing
Yes
Steaking
Yes
Farming
Yes
Benefits
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
Lack of Russian language
Roadmap without updates
Project duration
3 years
Number of users
2000000+
API
Source Code
White Papers
Company requisites
Overall assessment
4/10
Date of update
01.06.2022
    More on this subject
      Address
      80 Raffles Place, #32-01 Uob Plaza, Singapore, 048624

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