Terra Luna Classic (LUNC) Price
LUNC RANK #128The price of Terra Luna Classic (LUNC) is calculated in real-time by aggregating the latest data across 46 exchanges and 70 markets, using a global volume-weighted average formula. Learn more about how crypto prices are calculated on CoinGecko. Terra is a decentralized financial payment network that rebuilds the traditional payment stack on the blockchain. It utilizes a basket of fiat-pegged stablecoins, algorithmically stabilized by its reserve currency Luna, to facilitate programmable payments and open financial infrastructure development. As of December 2020, the network has transacted an estimated $299 billion for over 2 million users. Luna is the reserve currency of the Terra platform. It has three core functions: i) mine Terra transactions through staking, ii) ensure the price stability of Terra stablecoins and iii) provide incentives for the platform’s blockchain validators.
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