LUNA jumped 13277.94% giving investors a huge returns on their investment in 2021.
LUNA ranks at 9 position currently as per the market value, with a current price of $87.42
Terra is a new blockchain protocol for global payment transactions. It uses fiat-pegged stablecoins to create a stable global payment system.
Terra will have a 1 billion LUNA supply. If this balance is exceeded, the excess LUNA will be burned until it reaches its equilibrium supply level again.
Terra use protocol’s to mint new LUNA tokens, to maintain the price of Terra stablecoins.
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