Cryptocurrency Q&A What is the terra luna coin?

What is the terra luna coin?

StarlitFantasy StarlitFantasy Tue Oct 29 2024 | 0 answers 0
Terra Luna Coin is a cryptocurrency native to the Terra blockchain, serving as a key component for stability and governance within the ecosystem. It plays a vital role in maintaining the peg of Terra's stablecoins, such as UST, to fiat currencies like the US dollar through an algorithmic mechanism. Luna holders can also participate in staking and governance activities, shaping the future of the Terra network. What is the terra luna coin?

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