Terra Luna

November 17, 2022

What Is Terra? Payment Network? Blockchain for Stablecoins?


Terra is a decentralized financial payment network based on algorithmic stablecoins. Terra is a smart contract blockchain that attempts to establish a decentralized environment for algorithmically controlled, seigniorage-based, fiat-pegged stablecoins. Unpacking Terra Terra is a blockchain technology and financial ecosystem centered on payments, driven by algorithmic and scalable stablecoins tied to real-world fiat currencies. Terraform […]

Terra Luna

September 19, 2022

MEXC is the first CEX to support LUNC upgrade and burning plan


MEXC Global began a LUNC recovery plan three months ago and has been buying back LUNC and burning it ever since. Resulting in the most gains for LUNC since the TerraUSD stablecoin crisis that resulted in the creation of the Terra Luna fork. MEXC has pledged to support the Terra Luna Classic community by voting […]