Luna is the native coin of Terra Blockchain. Terra is a blockchain protocol that is mainly used for fiat-pegged cryptocurrencies. Even though Luna is relatively new, Luna has made great progress and passed Avalanche and Polkadot in terms of TVL since its launch. UST is a USD stablecoin created on Terra blockchain and it is widely used as an Algorithmic stablecoin that doesn't require collateral. Price is kept stable by an algorithm.
Terra Classic is ranked No. 62 by CoinMarketCap. The currency symbol for Terra Classic is LUNC. The total supply of Terra Classic is 6.87 trillion coins.
We found savings accounts offering up to 7% APR on Terra Classic deposits and loans as low as 6.9% APR against Terra Classic used as collateral. Check out our Terra Classic staking yields table and Terra Classic loan rates table for further details.
The technical price analysis for Terra Classic below is undertaken automatically by Tradingview by looking at over 20 different technical chart indicators. You can see how many of these indicators were BUY, NEUTRAL or SELL at the bottom of the chart. The indicators will change depending on what time frame you are looking at. The analysis does not consider market sentiment or broader macro issues that may affect the price of Terra Classic.
QCan you get a Terra Classic loan without collateral?
AAlmost all Terra Classic loans require you to provide collateral of higher value than the value of the loan that you are tkaing it. The only exception to this is Terra Classic flash loans which allow you to borrow uncollateralised Terra Classic for a few seconds as part of a wider transaction. You will need advanced coding skills to take advantage of flahs loans. You can compare all Terra Classic loans on the Terra Classic Loans tab.
QWhich venture capital firms have invested in Terra Classic?