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Description

Terra 2.0 which will assume the Terra name is a new blockchain launched by Terraform Labs as part of the passing of governance proposal 1623.

The Terra protocol is a decentralized and open-source public blockchain protocol. Luna is the Terra protocol’s native staking token used for governance and mining.

Users stake Luna to validators who record and verify transactions on the blockchain in exchange for rewards from transaction fees.

The Terra 2.0 chain will not have a stablecoin and holders of the old Terra Classic chain will be airdropped new Luna native coins.

In the plan, developers of the Terra ecosystem are to migrate and deploy their dapps on the new blockchain.

24 hour trading pattern

Max Price chart

Terra price today is $5.82 with a 24-hour trading volume of $185,594,976. LUNA price is up 11.7% in the last 24 hours. It has a circulating supply of 0 LUNA coins and a total supply of 1 Billion. If you are looking to buy or sell Terra, Gate.io is currently the most active exchange.

Terra hit an all time high of $18.87 on May 28, 2022 (1 day).

Terra had an all time low of $4.08 on May 28, 2022 (1 day).

The 24 hour trading volume of Terra is $185,594,976.

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