web3.0
What is luna currency? What are the characteristics of luna currency? How to use luna currency?
What is luna currency? What are the characteristics of luna currency? How to use luna currency?
LUNA coin is the native cryptocurrency of the Terra blockchain and has the following characteristics: stable coins can be minted/destroyed; participates in governance voting; provides mortgage rewards; and implements a burning mechanism to control prices.
What is LUNA Coin?
LUNA Coin is a cryptocurrency and the native token of the Terra blockchain. Terra Blockchain is a platform designed to facilitate the use of stablecoins.
Features of LUNA Coin
- Stablecoin: LUNA Coin can be used to mint and burn stablecoins such as UST (pegged to the US dollar) and KRT (pegged to the Korean won).
- Governance: LUNA holders have Terra blockchain governance rights and can vote on proposals through voting.
- Staking: LUNA can be staked to earn rewards and protect the Terra ecosystem from volatility.
- Burning Mechanism:When UST is minted, LUNA is burned, which helps reduce its supply and control prices.
How LUNA Coin is Used
- Minting and Destroying Stablecoins: LUNA is used to create and destroy Terra’s stablecoins, thereby maintaining their peg to fiat currency.
- Governance: LUNA holders can participate in governance voting and decide on proposals that affect the Terra ecosystem.
- Staking: By staking LUNA, holders can earn rewards while providing security to the network.
- Trading: LUNA can be traded on cryptocurrency exchanges for speculative or investment purposes.
Terra Classic (LUNC) has attracted a lot of attention in the cryptocurrency market, with its price fluctuating widely. As of 19:00 on July 4, 2024, LUNC was quoted at $0.00007312, with a 24-hour trading volume of approximately $28.7 million. LUNC price has experienced a significant drop over the past day, reaching a drop of around 7.28%, but its volatility remains high.
It is worth noting that the current circulating supply of LUNC is approximately 54,702,076,890,450, the maximum supply is unlimited, and the total supply is consistent with the circulating supply. Based on these data, LUNC has a float market capitalization of $399,983,714.42.
The above is the detailed content of What is luna currency? What are the characteristics of luna currency? How to use luna currency?. For more information, please follow other related articles on the PHP Chinese website!
Hot AI Tools
Undresser.AI Undress
AI-powered app for creating realistic nude photos
AI Clothes Remover
Online AI tool for removing clothes from photos.
Undress AI Tool
Undress images for free
Clothoff.io
AI clothes remover
Video Face Swap
Swap faces in any video effortlessly with our completely free AI face swap tool!
Hot Article
Hot Tools
Notepad++7.3.1
Easy-to-use and free code editor
SublimeText3 Chinese version
Chinese version, very easy to use
Zend Studio 13.0.1
Powerful PHP integrated development environment
Dreamweaver CS6
Visual web development tools
SublimeText3 Mac version
God-level code editing software (SublimeText3)
Hot Topics
1662
14
1419
52
1313
25
1262
29
1235
24
What kind of software is a digital currency app? Top 10 Apps for Digital Currencies in the World
Apr 30, 2025 pm 07:06 PM
With the popularization and development of digital currency, more and more people are beginning to pay attention to and use digital currency apps. These applications provide users with a convenient way to manage and trade digital assets. So, what kind of software is a digital currency app? Let us have an in-depth understanding and take stock of the top ten digital currency apps in the world.
Quantitative Exchange Ranking 2025 Top 10 Recommendations for Digital Currency Quantitative Trading APPs
Apr 30, 2025 pm 07:24 PM
The built-in quantization tools on the exchange include: 1. Binance: Provides Binance Futures quantitative module, low handling fees, and supports AI-assisted transactions. 2. OKX (Ouyi): Supports multi-account management and intelligent order routing, and provides institutional-level risk control. The independent quantitative strategy platforms include: 3. 3Commas: drag-and-drop strategy generator, suitable for multi-platform hedging arbitrage. 4. Quadency: Professional-level algorithm strategy library, supporting customized risk thresholds. 5. Pionex: Built-in 16 preset strategy, low transaction fee. Vertical domain tools include: 6. Cryptohopper: cloud-based quantitative platform, supporting 150 technical indicators. 7. Bitsgap:
Easeprotocol.com directly implements ISO 20022 message standard as a blockchain smart contract
Apr 30, 2025 pm 05:06 PM
This groundbreaking development will enable financial institutions to leverage the globally recognized ISO20022 standard to automate banking processes across different blockchain ecosystems. The Ease protocol is an enterprise-level blockchain platform designed to promote widespread adoption through easy-to-use methods. It announced today that it has successfully integrated the ISO20022 messaging standard and directly incorporated it into blockchain smart contracts. This development will enable financial institutions to easily automate banking processes in different blockchain ecosystems using the globally recognized ISO20022 standard, which is replacing the Swift messaging system. These features will be tried soon on "EaseTestnet". EaseProtocolArchitectDou
Is the digital currency app formal? Top 10 formal and legal virtual currency trading apps in the world
Apr 30, 2025 pm 07:09 PM
Recommended cryptocurrency trading platforms include: 1. Binance: the world's largest trading volume, supports 1,400 currencies, FCA and MAS certification. 2. OKX: Strong technical strength, supports 400 currencies, approved by the Hong Kong Securities Regulatory Commission. 3. Coinbase: The largest compliance platform in the United States, suitable for beginners, SEC and FinCEN supervision. 4. Kraken: a veteran European brand, ISO 27001 certified, holds a US MSB and UK FCA license. 5. Gate.io: The most complete currency (800), low transaction fees, and obtained a license from multiple countries. 6. Huobi Global: an old platform that provides a variety of services, and holds Japanese FSA and Hong Kong TCSP licenses. 7. KuCoin
How to download, install and register the Hong Kong Digital Currency Exchange app 2025
Apr 30, 2025 pm 07:18 PM
The download, installation and registration process of the Hong Kong Digital Currency Exchange app is very simple. Users can quickly obtain and use this app through the official app download link provided in this article. This article will introduce in detail how to download, install and register the Hong Kong Digital Currency Exchange app to ensure that every user can complete the operation smoothly.
Ranking of the top ten formal virtual currency exchange apps in 2025 (digital currency trading platform app list)
Apr 30, 2025 pm 05:39 PM
Ranking of the top ten formal virtual currency exchange apps in 2025: 1. OKX, 2. Binance, 3. Huobi, 4. Coinbase, 5. Kraken, 6. Bitfinex, 7. KuCoin, 8. Gemini, 9. Bitstamp, 10. Poloniex, each performs outstandingly in terms of security, user experience, transaction fees, liquidity, currency richness, professional tools, compliance, privacy protection, leveraged trading, degree of internationalization, customer service, etc.
Are these C2C transactions in Binance risky?
Apr 30, 2025 pm 06:54 PM
Binance C2C transactions allow users to buy and sell cryptocurrencies directly, and pay attention to the risks of counterparty, payment and price fluctuations. Choosing high-credit users and secure payment methods can reduce risks.
uniswap on-chain withdrawal
Apr 30, 2025 pm 07:03 PM
Uniswap users can withdraw tokens from liquidity pools to their wallets to ensure asset security and liquidity. The process requires gas fees and is affected by network congestion.