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 | |
|---|---|
| Project token | LUNA, UST |
| Official website | |
| Social network | |
| Date of foundation | 1970 |
| 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 Lack of Russian language 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 | March 11, 2023 |
Address
80 Raffles Place, #32-01 Uob Plaza, Singapore, 048624
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