The Tera network more commonly known as Luna has undergone quite a bit of skepticism in the last year. The Terra (LUNA) cryptocurrency was established in 2018 by the South Korean firm Terraform Labs, with the help of two alumni of the University of Pennsylvania and Stanford, Daniel Shin and Do Kwon. Though the technical prognosis for LUNA is unfavorable following its recent crash, the price of LUNA might eventually hit $0.005 if some of the 6.5 trillion LUNA tokens now in circulation are burned. What Is Terra? If you are unfamiliar with Terra LUNA, it is a protocol token intended to dampen price swings in Terra blockchain stablecoins. It's part of a dual token system with terraUSD, where the LUNA equivalency is burnt to create a new terraUSD. The value of terraUSD and LUNA were said to have been preserved by this until quite recently. Should You Buy Terra? Many potential investors want to know where they can acquire and how to buy Luna and if they should invest in the LUNA cryptoc
South Korea's monetary controllers are wanting to send off nearby examinations into homegrown organizations that have a business relationship with Terraform Labs
TerraUSD (UST) was released in September 2020 (in partnership with Bittrex Global) and has since established itself as the most scalable stablecoin. UST may be used alongside LUNA, Terra's non-stablecoin cryptocurrency, or as a stand-alone token.