search

Trending trendingIcon

Terra  (luna)

Terra ()

greenIconNaN%

Price Changes

greenIconNaN%

24h Low

24h High

Terra ()

greenIconNaN%

Price Changes

greenIconNaN%

24h Low

24h High

  

Convert luna to INR - Terra INR (luna/INR)

INR

5 Reasons to Buy Terra in India

It works on the Proof-of-Work consensus Algorithm.

– LUNA provides governance rights to the users and is also a vital part of staking.

– LUNA is the native cryptocurrency of the Terra ecosystem.

– It has a market capitalization of more than $13 billion.

– It has a maximum supply of around 996 million LUNA coins.

What is Terra?

Terra was launched in 2018 and is able to raise $150 million from high-end investors, while LUNA dropped on the exchanges in 2019.

Terra is a stablecoin that helps in eliminating the volatility around cryptocurrencies, just like Ethereum and Bitcoin. Unlike popular stablecoins such as USDT that are backed up by the cash reserves, UST maintains stability by burning LUNA tokens and a percentage of another digital token.

3 Things to know while Investing in Terra (luna)

It helps in providing stability to the Terra stable coin by burning.

– LUNA could possibly see a price influx as the tokens are burned from time to time.

– Users that hold Luna earn transaction fees when people use the Terra stable coin.

FAQ's

Crypto Returns Calculator

Highlight

Terra is a stablecoin that helps in eliminating the volatility around cryptocurrencies, just like Ethereum and Bitcoin.