Terra Classic (LUNC)
Rank #102
Market snapshot
- Price
- $0.00005025
- Market cap
- $277.3M
- 24h volume
- $15.8M
- Circulating supply
- 5,518,740,005,758.383
- Total supply
- 6,452,033,061,276.001
- Max supply
- 6,452,039,640,497.028
What is Terra Classic?
Terra Classic is the original version of the Terra blockchain that continued to operate after the collapse of the original Terra ecosystem in 2022. It supports decentralized applications and various financial services, functioning within a multi-chain environment that includes connections to Ethereum, BNB Smart Chain, and other networks.
How Terra Classic works
Terra Classic operates as a decentralized network where transactions are processed without a central authority. It utilizes a shared public ledger to record all transactions, enabling users to verify balances and transaction history. The network relies on community proposals and contributions, allowing participants to engage in governance and decision-making processes. Users can access active proposals and discussions through platforms such as Validator.info and Common.xyz.
Key information
- Symbol
- LUNC
- CMC rank
- #102
- Network / platforms
Terra Classic, Avalanche C-Chain, BNB Smart Chain (BEP20), Ethereum
- Categories
- Store of value
- Date added
- Jul 26, 2019
Contract address
Contract addresses are stored from CoinMarketCap metadata and are shown as recorded. CoinLoom does not independently certify them as official.
Terra Classic
uluna
Token contracts on other networks
Avalanche C-Chain
0x70928E5B188def72817b7775F0BF6325968e563BBNB Smart Chain (BEP20)
0x156ab3346823B651294766e23e6Cf87254d68962Ethereum
0xbd31ea8212119f94a611fa969881cba3ea06fa3d
Key characteristics
Terra Classic is an open-source project that encourages community involvement, with no central ownership. It is categorized under multiple platforms, including Ethereum, BNB Smart Chain, Solana, and others, allowing for interoperability across different blockchain ecosystems. This multi-chain capability enhances its usability in various decentralized applications and financial services.
Official resources
Risks
Digital asset prices can be volatile and can change materially. Users should verify the contract address and network before transferring assets. Self-custody requires secure private-key and recovery-phrase handling. Centralized platforms can involve operational, custody, and counterparty risk. Availability and regulatory treatment can vary by jurisdiction. Transaction finality and reversibility can differ by network.
Transfer and custody notes
Verify the asset name, network, and any supplied contract details before transferring. Verify destination address and network before sending assets. Review the custody method, including self-custody versus a third-party platform. Understand that transfers may be irreversible and that CoinLoom does not confirm exchange availability.
FAQ
- What is Terra Classic?
- Terra Classic (LUNC) is the original Terra blockchain that stayed online after the 2022 collapse.
- How does Terra Classic operate?
- Terra Classic operates as a decentralized network using a shared public ledger to process transactions without a central authority.
- What are the technical characteristics of Terra Classic?
- Terra Classic is an open-source project that relies on community proposals and contributions, with no central ownership.
- What are the risks associated with transferring Terra Classic?
- Digital asset prices can be volatile. Users should verify contract addresses and networks before transferring assets.
- How can I verify the acquisition of Terra Classic?
- Verify the asset name, network, and contract details before transferring assets.
- Where can I find official resources for Terra Classic?
- Official resources include the Terra Classic website and its GitHub repository.
